Microsoft Co. (NASDAQ:MSFT) Stock Position Decreased by Financial Management Network Inc.

Financial Management Network Inc. reduced its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,962 shares of the software giant's stock after selling 735 shares during the quarter. Microsoft makes up about 1.4% of Financial Management Network Inc.'s investment portfolio, making the stock its 17th largest holding. Financial Management Network Inc.'s holdings in Microsoft were worth $6,758,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of 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 purchasing an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in 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 period. Charles Schwab Investment Management Inc. raised its stake 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 acquiring an additional 652,493 shares in the last quarter. Franklin Resources Inc. lifted 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 during the period. Finally, Fisher Asset Management LLC lifted its stake in Microsoft by 2.3% in the third quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant's stock worth $12,007,285,000 after acquiring an additional 636,713 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 1.2 %

MSFT stock traded up $4.55 during trading on Friday, reaching $391.85. The stock had a trading volume of 18,959,931 shares, compared to its average volume of 21,203,147. The company has a market capitalization of $2.91 trillion, a P/E ratio of 31.55, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The firm has a fifty day moving average price of $384.93 and a 200 day moving average price of $411.41.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 period last year, the business posted $2.93 earnings per share. On average, equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Wednesday. Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Mizuho lowered their price target on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Finally, Wedbush reduced their price target on Microsoft from $550.00 to $475.00 and set an "outperform" rating for the company in a research report on Thursday, April 10th. Five equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and an average target price of $493.13.

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.