Live Oak Private Wealth LLC lessened its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,566 shares of the software giant's stock after selling 2,785 shares during the period. Microsoft makes up approximately 2.9% of Live Oak Private Wealth LLC's portfolio, making the stock its 3rd largest position. Live Oak Private Wealth LLC's holdings in Microsoft were worth $17,520,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Fiduciary Advisors Inc. purchased a new stake in Microsoft during the 4th quarter worth about $38,000. IFS Advisors LLC grew its position in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management increased its stake in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in Microsoft in the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the fourth quarter worth approximately $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.
Microsoft Price Performance
Shares of NASDAQ MSFT opened at $359.84 on Friday. 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 cap of $2.68 trillion, a PE ratio of 28.97, a P/E/G ratio of 2.21 and a beta of 1.00. The stock has a fifty day moving average price of $399.08 and a 200 day moving average price of $417.40. Microsoft Co. has a 1-year low of $359.48 and a 1-year high of $468.35.
Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the prior year, the business earned $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.
Wall Street Analyst Weigh In
MSFT has been the topic of a number of recent analyst reports. Tigress Financial increased their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Loop Capital lifted their price target on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Wedbush reiterated an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th. Finally, Piper Sandler restated an "overweight" rating and set a $520.00 target price on shares of Microsoft in a research note on Monday, January 27th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $508.86.
View Our Latest Stock Analysis on MSFT
Microsoft Company Profile
(
Free Report)
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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