BKM Wealth Management LLC Boosts Holdings in Microsoft Co. (NASDAQ:MSFT)

BKM Wealth Management LLC raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,822 shares of the software giant's stock after buying an additional 2,172 shares during the period. Microsoft comprises approximately 4.6% of BKM Wealth Management LLC's investment portfolio, making the stock its 3rd biggest position. BKM Wealth Management LLC's holdings in Microsoft were worth $11,306,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Microsoft in the fourth quarter worth $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of MSFT traded up $12.09 on Thursday, reaching $386.48. 11,146,684 shares of the stock traded hands, compared to its average volume of 21,222,488. The firm has a market cap of $2.87 trillion, a price-to-earnings ratio of 31.13, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The stock's 50-day moving average price is $385.70 and its 200-day moving average price is $411.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

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

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 26.73%.

Analyst Ratings Changes

A number of brokerages have commented on MSFT. StockNews.com lowered Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Jefferies Financial Group reissued a "buy" rating and set a $475.00 target price (down previously from $500.00) on shares of Microsoft in a research note on Monday, April 7th. Bank of America dropped their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Westpark Capital initiated coverage on Microsoft in a research note on Tuesday, April 1st. They issued a "hold" rating on the stock. Finally, Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average price target of $493.13.

Microsoft Company Profile

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.