Stratos Investment Management LLC Purchases 866 Shares of Microsoft Co. (NASDAQ:MSFT)

Stratos Investment Management LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 73,543 shares of the software giant's stock after buying an additional 866 shares during the period. Microsoft makes up 1.9% of Stratos Investment Management LLC's investment portfolio, making the stock its 13th biggest holding. Stratos Investment Management LLC's holdings in Microsoft were worth $30,999,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC grew 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Microsoft by 4.1% in 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 valued at $23,490,417,000 after acquiring an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Microsoft by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Microsoft by 48,526.1% in the third 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 buying an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after buying an additional 406,940 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

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Microsoft Price Performance

NASDAQ:MSFT traded down $0.05 during mid-day trading on Wednesday, hitting $382.14. 15,927,448 shares of the stock traded hands, compared to its average volume of 20,588,437. The business's 50-day moving average price is $403.52 and its 200 day moving average price is $418.45. 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 12-month low of $367.24 and a 12-month high of $468.35. The company has a market cap of $2.84 trillion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

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

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued 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 0.87%. Microsoft's dividend payout ratio is 26.73%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MSFT shares. Piper Sandler restated an "overweight" rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Jefferies Financial Group cut their price objective on Microsoft from $550.00 to $500.00 and set a "buy" rating for the company in a report on Monday. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. DA Davidson upgraded shares of Microsoft from a "neutral" rating to a "buy" rating and increased their target price for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. Finally, Scotiabank began coverage on shares of Microsoft in a research note on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $508.86.

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.