Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Quantum Private Wealth LLC

Quantum Private Wealth LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,392 shares of the software giant's stock after acquiring an additional 1,910 shares during the period. Microsoft comprises about 6.3% of Quantum Private Wealth LLC's holdings, making the stock its 4th biggest position. Quantum Private Wealth LLC's holdings in Microsoft were worth $19,554,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of MSFT. WFA Asset Management Corp raised its stake 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 during the last quarter. Ironwood Wealth Management LLC. lifted its stake in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after buying an additional 38 shares during the period. AMF Tjanstepension AB boosted its position in Microsoft by 1.8% during the third 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. Discipline Wealth Solutions LLC raised its holdings in Microsoft by 410.4% in the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after acquiring an additional 2,138 shares during the last quarter. Finally, Swedbank AB boosted its holdings in shares of Microsoft by 0.4% during the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after purchasing an additional 49,288 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Down 1.0 %

MSFT stock traded down $3.83 during mid-day trading on Friday, hitting $367.78. 20,940,221 shares of the company were exchanged, compared to its average volume of 21,246,383. The company has a market capitalization of $2.73 trillion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The firm has a fifty day simple moving average of $388.25 and a 200 day simple moving average of $412.78. 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 twelve month low of $344.79 and a twelve month high of $468.35.

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 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 last year, the company earned $2.93 earnings per share. On average, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced 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 0.90%. Microsoft's payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several recent analyst reports. BMO Capital Markets reduced their target price on Microsoft from $490.00 to $470.00 and set an "outperform" rating on the stock in a research report on Wednesday. Morgan Stanley lowered their target price on shares of Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a report on Wednesday. Tigress Financial lifted their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a report on Thursday, March 20th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Finally, Guggenheim restated a "neutral" rating on shares of Microsoft in a report on Friday, January 24th. Five equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $499.97.

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.