Greystone Financial Group LLC Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Greystone Financial Group LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,835 shares of the software giant's stock after purchasing an additional 2,192 shares during the quarter. Microsoft makes up 2.6% of Greystone Financial Group LLC's portfolio, making the stock its 9th biggest holding. Greystone Financial Group LLC's holdings in Microsoft were worth $15,104,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. WFA Asset Management Corp increased its holdings in Microsoft by 27.0% in the 1st 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 position in shares of Microsoft by 0.3% in 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 period. AMF Tjanstepension AB grew its stake in shares of Microsoft by 1.8% in the third 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 valued at $1,144,000 after buying an additional 2,138 shares during the period. Finally, Swedbank AB lifted its position in Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after acquiring an additional 49,288 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of analyst reports. The Goldman Sachs Group dropped their price objective on shares of Microsoft from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday. BMO Capital Markets decreased their price objective on shares of Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a research report on Wednesday, April 16th. Westpark Capital assumed coverage on Microsoft in a research report on Tuesday, April 1st. They set a "hold" rating on the stock. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and increased their price target for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Finally, Wedbush dropped their price objective on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a report on Thursday, April 10th. Five investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $493.89.

Microsoft Stock Performance

MSFT traded down $0.69 during trading hours on Monday, hitting $391.16. The company's stock had a trading volume of 16,533,069 shares, compared to its average volume of 21,150,512. The company has a 50-day simple moving average of $384.93 and a 200 day simple moving average of $411.34. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $2.91 trillion, a PE ratio of 31.49, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts' consensus estimates 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 last year, the business earned $2.93 EPS. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) 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.