Microsoft Co. (NASDAQ:MSFT) Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,674 shares of the software giant's stock after buying an additional 1,826 shares during the quarter. Microsoft comprises about 3.9% of Oxbow Advisors LLC's portfolio, making the stock its 4th biggest position. Oxbow Advisors LLC's holdings in Microsoft were worth $33,161,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC lifted its position 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 valued at $70,790,682,000 after acquiring an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Microsoft by 4.1% during the third 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 valued at $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock valued at $20,322,513,000 after buying an additional 652,493 shares during the last quarter. Franklin Resources Inc. raised its position in Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after buying an additional 406,940 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in Microsoft by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant's stock valued at $12,007,285,000 after acquiring an additional 636,713 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on MSFT shares. Piper Sandler lowered their target price on shares of Microsoft from $520.00 to $435.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Bank of America reduced their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $493.89.

Microsoft Trading Up 1.2 %

Shares of MSFT opened at $391.85 on Monday. The business's 50-day moving average price is $384.93 and its 200-day moving average price is $411.34. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock has a market cap of $2.91 trillion, a PE ratio of 31.55, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results 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 quarter in the previous year, the firm earned $2.93 EPS. On average, equities analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders 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 dividend yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is presently 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.

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