Microsoft Co. (NASDAQ:MSFT) Stock Holdings Boosted by Everhart Financial Group Inc.

Everhart Financial Group Inc. lifted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,169 shares of the software giant's stock after acquiring an additional 5,342 shares during the period. Microsoft accounts for about 4.2% of Everhart Financial Group Inc.'s investment portfolio, making the stock its 4th largest holding. Everhart Financial Group Inc.'s holdings in Microsoft were worth $20,303,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Geode Capital Management LLC increased its holdings in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Microsoft by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the period. International Assets Investment Management LLC lifted its holdings in Microsoft by 48,526.1% in the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. boosted its position in Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Down 1.0 %

Shares of MSFT stock traded down $3.83 on Friday, hitting $367.78. The stock had a trading volume of 20,940,221 shares, compared to its average volume of 21,282,398. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $388.25 and a 200 day moving average price of $412.78. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The company has a market cap of $2.73 trillion, a PE ratio of 29.61, a P/E/G ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the business earned $2.93 earnings per share. Research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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 given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.90%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is presently 26.73%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MSFT shares. Morgan Stanley dropped their price target on shares of Microsoft from $530.00 to $472.00 and set an "overweight" rating on the stock in a research note on Wednesday. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. UBS Group dropped their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Monday, April 14th. Loop Capital boosted their price objective on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, December 23rd. Finally, Wedbush decreased their target price on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Five analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company's stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $499.97.

Microsoft 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.