FSA Advisors Inc. Sells 3,661 Shares of Microsoft Co. (NASDAQ:MSFT)

FSA Advisors Inc. decreased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 48.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,870 shares of the software giant's stock after selling 3,661 shares during the quarter. Microsoft makes up about 2.0% of FSA Advisors Inc.'s holdings, making the stock its 5th largest position. FSA Advisors Inc.'s holdings in Microsoft were worth $1,631,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC grew its position in Microsoft by 2.0% during 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings 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 worth $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Microsoft by 1.4% in the 3rd 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 during the period. International Assets Investment Management LLC raised its stake in Microsoft by 48,526.1% during 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 acquiring an additional 38,422,466 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in Microsoft by 1.1% during the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after acquiring an additional 406,940 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

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Microsoft Stock Performance

Shares of MSFT stock traded up $0.61 during trading on Thursday, reaching $390.58. The company had a trading volume of 13,741,615 shares, compared to its average volume of 22,928,355. The firm's 50 day simple moving average is $407.20 and its two-hundred day simple moving average is $419.45. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market capitalization of $2.90 trillion, a PE ratio of 31.45, a PEG ratio of 2.21 and a beta of 0.92.

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 analysts' consensus estimates 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 period last year, the business earned $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MSFT. Scotiabank began coverage on Microsoft in a report on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 target price on the stock. Wedbush restated an "outperform" rating and set a $550.00 price objective on shares of Microsoft in a research report on Thursday, March 20th. Loop Capital lifted their target price on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. Mizuho reduced their price objective on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Finally, Guggenheim reissued a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $510.59.

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.