Chicago Capital LLC increased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 288,087 shares of the software giant's stock after purchasing an additional 13,821 shares during the quarter. Microsoft comprises about 3.2% of Chicago Capital LLC's portfolio, making the stock its 6th biggest holding. Chicago Capital LLC's holdings in Microsoft were worth $121,429,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. WFA Asset Management Corp grew its position in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after buying an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. boosted its stake in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after acquiring an additional 38 shares in the last quarter. AMF Tjanstepension AB grew its holdings in shares of Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after acquiring an additional 49,735 shares during the last quarter. Hilltop Wealth Advisors LLC raised its position in shares of Microsoft by 180.8% during the third quarter. Hilltop Wealth Advisors LLC now owns 5,414 shares of the software giant's stock worth $2,330,000 after purchasing an additional 3,486 shares during the period. Finally, Walker Financial Services Inc. lifted its holdings in shares of Microsoft by 0.9% during the third quarter. Walker Financial Services Inc. now owns 8,347 shares of the software giant's stock valued at $3,592,000 after purchasing an additional 78 shares during the last quarter. Institutional investors own 71.13% of the company's stock.
Microsoft Stock Down 2.0 %
Shares of NASDAQ MSFT traded down $7.63 during mid-day trading on Monday, reaching $371.17. 12,866,771 shares of the company traded hands, compared to its average volume of 20,496,477. The company's fifty day moving average is $405.52 and its two-hundred day moving average is $419.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a fifty-two week low of $367.31 and a fifty-two week high of $468.35. The stock has a market cap of $2.76 trillion, a PE ratio of 29.86, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS 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 quarter in the prior year, the firm earned $2.93 EPS. On average, analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.
Microsoft Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is 26.73%.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on MSFT. Morgan Stanley dropped their price target on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Stifel Nicolaus dropped their target price on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Mizuho cut their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Tigress Financial raised their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $508.86.
Get Our Latest Stock Analysis on MSFT
Microsoft Company Profile
(
Free Report)
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.
Featured Articles
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
