U.S. Capital Wealth Advisors LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,823 shares of the software giant's stock after acquiring an additional 13,621 shares during the quarter. Microsoft accounts for 1.6% of U.S. Capital Wealth Advisors LLC's portfolio, making the stock its 8th largest holding. U.S. Capital Wealth Advisors LLC's holdings in Microsoft were worth $51,770,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of MSFT. Net Worth Advisory Group bought a new stake in shares of Microsoft during the 3rd quarter worth $2,645,000. Oak Ridge Investments LLC grew its position in shares of Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock worth $113,399,000 after buying an additional 18,544 shares during the period. Focus Financial Network Inc. lifted its stake in Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after buying an additional 1,489 shares during the period. Campbell Wealth Management acquired a new position in shares of Microsoft in the 3rd quarter valued at $3,314,000. Finally, Evernest Financial Advisors LLC raised its holdings in Microsoft by 389.2% during the 3rd quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant's stock worth $23,137,000 after buying an additional 42,778 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.
Microsoft Price Performance
NASDAQ MSFT traded down $11.78 on Friday, reaching $378.80. 21,606,792 shares of the company's stock traded hands, compared to its average volume of 20,523,498. The stock has a market cap of $2.82 trillion, a PE ratio of 30.50, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $376.91 and a 12 month high of $468.35. The stock has a 50-day simple moving average of $405.52 and a 200 day simple moving average of $419.06. 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 released its 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the company posted $2.93 EPS. As a group, research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.
Microsoft Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. 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 (DPR) is presently 26.73%.
Analyst Ratings Changes
A number of research analysts recently weighed in on the company. Piper Sandler reissued an "overweight" rating and set a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. DA Davidson raised shares of Microsoft from a "neutral" rating to a "buy" rating and increased their target price for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Mizuho cut their target price on Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Finally, UBS Group cut their price target on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a report 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 company. Based on data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus price target of $510.59.
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Microsoft Company Profile
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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.
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