Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lessened by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,728 shares of the software giant's stock after selling 1,100 shares during the period. Microsoft accounts for about 3.1% of Zweig DiMenna Associates LLC's holdings, making the stock its 4th biggest position. Zweig DiMenna Associates LLC's holdings in Microsoft were worth $40,771,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp grew its holdings in Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. grew its stake in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after purchasing an additional 38 shares during the period. Beck Bode LLC increased its holdings in shares of Microsoft by 37.3% in the 2nd quarter. Beck Bode LLC now owns 39,951 shares of the software giant's stock valued at $17,856,000 after purchasing an additional 10,847 shares in the last quarter. Goodman Advisory Group LLC lifted its stake in shares of Microsoft by 12.5% in the second quarter. Goodman Advisory Group LLC now owns 28,391 shares of the software giant's stock valued at $12,689,000 after purchasing an additional 3,153 shares during the period. Finally, Texas Capital Bancshares Inc TX boosted its holdings in Microsoft by 3.9% during the second quarter. Texas Capital Bancshares Inc TX now owns 5,415 shares of the software giant's stock worth $2,420,000 after buying an additional 204 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Down 1.2 %

Shares of MSFT opened at $378.77 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $413.12 and a two-hundred day moving average price of $420.77. The stock has a market cap of $2.82 trillion, a price-to-earnings ratio of 30.50, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $376.91 and a 12 month high of $468.35.

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Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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 period last year, the firm posted $2.93 EPS. Equities analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

MSFT has been the subject of a number of research analyst reports. Morgan Stanley dropped their target price on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Piper Sandler reaffirmed an "overweight" rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. DA Davidson upgraded Microsoft from a "neutral" rating to a "buy" rating and raised their price target for the company from $425.00 to $450.00 in a research report on Thursday. Finally, Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $510.43.

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.

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