Microsoft Co. (NASDAQ:MSFT) is Asset Management One Co. Ltd.'s 4th Largest Position

Asset Management One Co. Ltd. raised its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,054,077 shares of the software giant's stock after acquiring an additional 33,856 shares during the quarter. Microsoft makes up about 4.5% of Asset Management One Co. Ltd.'s holdings, making the stock its 4th largest holding. Asset Management One Co. Ltd.'s holdings in Microsoft were worth $1,314,782,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. WFA Asset Management Corp grew its position in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its stake in Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after buying an additional 38 shares during the last quarter. AMF Tjanstepension AB grew its holdings in Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock valued at $1,204,664,000 after buying an additional 49,735 shares in the last quarter. Discipline Wealth Solutions LLC raised its holdings in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after acquiring an additional 2,138 shares during the period. Finally, Swedbank AB boosted its position in shares of Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock valued at $5,890,530,000 after acquiring an additional 49,288 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several analysts have recently weighed in on MSFT shares. UBS Group dropped their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Monday. Morgan Stanley lowered their price target on Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a report on Wednesday. Jefferies Financial Group restated a "buy" rating and issued a $475.00 price objective (down from $500.00) on shares of Microsoft in a report on Monday, April 7th. StockNews.com lowered shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Mizuho reduced their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and an average target price of $499.97.

Microsoft Stock Performance

Shares of Microsoft stock traded down $14.12 on Wednesday, hitting $371.61. The stock had a trading volume of 21,938,586 shares, compared to its average volume of 21,233,013. The company's 50 day moving average price is $390.78 and its 200 day moving average price is $413.81. The stock has a market cap of $2.76 trillion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the company earned $2.93 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.89%. Microsoft's dividend payout ratio is presently 26.73%.

About Microsoft

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.