Pachira Investments Inc. Purchases 1,020 Shares of Microsoft Co. (NASDAQ:MSFT)

Pachira Investments Inc. increased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 29.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,430 shares of the software giant's stock after buying an additional 1,020 shares during the quarter. Microsoft accounts for 1.2% of Pachira Investments Inc.'s portfolio, making the stock its 21st biggest holding. Pachira Investments Inc.'s holdings in Microsoft were worth $1,882,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MSFT. Geode Capital Management LLC boosted its position in shares of Microsoft by 2.0% during 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 lifted its stake in 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 worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in 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 purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Microsoft by 48,526.1% in the 3rd 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 purchasing an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after buying an additional 406,940 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Trading Up 1.9 %

NASDAQ MSFT traded up $7.10 on Friday, reaching $388.45. The company had a trading volume of 23,826,330 shares, compared to its average volume of 21,250,515. 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 52 week low of $344.79 and a 52 week high of $468.35. The stock has a market cap of $2.89 trillion, a price-to-earnings ratio of 31.28, a PEG ratio of 2.21 and a beta of 1.00. The stock's 50 day moving average is $391.89 and its 200-day moving average is $414.41.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts' consensus estimates 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 in the previous year, the firm posted $2.93 earnings per share. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company 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. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.85%. Microsoft's dividend payout ratio is 26.73%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Westpark Capital began coverage on Microsoft in a research note on Tuesday, April 1st. They issued a "hold" rating on the stock. Loop Capital boosted their target price on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. Scotiabank started coverage on shares of Microsoft in a research report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 target price for the company. Stifel Nicolaus reduced their price target on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $505.41.

About Microsoft

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.