DDD Partners LLC Has $57.36 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

DDD Partners LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 136,086 shares of the software giant's stock after selling 13,151 shares during the period. Microsoft comprises about 7.0% of DDD Partners LLC's investment portfolio, making the stock its 2nd largest position. DDD Partners LLC's holdings in Microsoft were worth $57,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fiduciary Advisors Inc. acquired a new position in Microsoft in the fourth quarter worth $38,000. IFS Advisors LLC raised 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 valued at $42,000 after buying an additional 35 shares during the last quarter. Avondale Wealth Management lifted its position in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter valued at about $141,000. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

MSFT has been the topic of several research analyst reports. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Scotiabank assumed coverage on Microsoft in a research report on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 price objective for the company. Cantor Fitzgerald restated an "overweight" rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Bank of America lowered their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, Stifel Nicolaus cut their price objective on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Five investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $497.63.

Microsoft Stock Performance

MSFT traded up $11.13 during trading hours on Wednesday, reaching $377.95. The company's stock had a trading volume of 4,482,807 shares, compared to its average volume of 21,177,769. The company's 50-day moving average is $386.38 and its 200-day moving average is $411.95. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The firm has a market cap of $2.81 trillion, a PE ratio of 30.43, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. 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 (NASDAQ:MSFT - Get Free Report) last issued 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 net margin of 35.43% and a return on equity of 33.36%. During the same period last year, the firm earned $2.93 EPS. On average, equities analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders 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 dividend yield of 0.88%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 26.73%.

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.