Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Rheos Capital Works Inc.

Rheos Capital Works Inc. increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,300 shares of the software giant's stock after acquiring an additional 1,000 shares during the period. Microsoft makes up 3.8% of Rheos Capital Works Inc.'s investment portfolio, making the stock its 2nd largest holding. Rheos Capital Works Inc.'s holdings in Microsoft were worth $68,409,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. WFA Asset Management Corp increased its stake in Microsoft by 27.0% during 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 in the last quarter. Ironwood Wealth Management LLC. increased its position 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 acquiring an additional 38 shares in the last quarter. AMF Tjanstepension AB raised its holdings in Microsoft by 1.8% in the 3rd 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. Perfromance Wealth Partners LLC boosted its stake in Microsoft by 2.2% during the 3rd quarter. Perfromance Wealth Partners LLC now owns 466,344 shares of the software giant's stock valued at $200,664,000 after purchasing an additional 10,140 shares during the last quarter. Finally, Guinness Asset Management LTD increased its holdings in shares of Microsoft by 0.3% in the 3rd quarter. Guinness Asset Management LTD now owns 522,876 shares of the software giant's stock worth $224,938,000 after purchasing an additional 1,464 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Remove Ads

Microsoft Stock Down 0.9 %

Shares of Microsoft stock traded down $3.41 during trading hours on Monday, hitting $375.39. 35,114,161 shares of the company's stock traded hands, compared to its average volume of 20,581,628. The company has a market cap of $2.79 trillion, a PE ratio of 30.22, a PEG ratio of 2.21 and a beta of 0.92. The stock has a 50 day simple moving average of $405.52 and a 200-day simple moving average of $419.10. 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 Co. has a twelve month low of $367.31 and a twelve month high of $468.35.

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 (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 in the prior year, the business earned $2.93 earnings per share. Equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is presently 26.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on MSFT shares. Loop Capital increased 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. Jefferies Financial Group reduced their price target on shares of Microsoft from $550.00 to $500.00 and set a "buy" rating for the company in a research note on Monday. Stifel Nicolaus dropped their target price 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. Royal Bank of Canada reiterated an "outperform" rating and set a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Finally, DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $425.00 to $450.00 in a report on Thursday, March 13th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $508.86.

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.