My Personal CFO LLC Buys 4,639 Shares of Microsoft Co. (NASDAQ:MSFT)

My Personal CFO LLC raised its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,004 shares of the software giant's stock after purchasing an additional 4,639 shares during the quarter. Microsoft accounts for approximately 9.3% of My Personal CFO LLC's portfolio, making the stock its 2nd largest position. My Personal CFO LLC's holdings in Microsoft were worth $18,126,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BCK Partners Inc. increased its position in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock worth $582,000 after buying an additional 24 shares during the period. Christopher J. Hasenberg Inc grew its position in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock worth $39,000 after acquiring an additional 25 shares during the last quarter. Sequent Asset Management LLC increased its holdings in shares of Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock valued at $853,000 after acquiring an additional 25 shares during the period. Cypress Point Wealth Management LLC raised its position in Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock valued at $1,380,000 after purchasing an additional 25 shares during the last quarter. Finally, Riverstone Advisors LLC raised its position in Microsoft by 0.6% in the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock valued at $1,941,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Tigress Financial lifted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. Scotiabank began coverage on Microsoft in a research report on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 price target on the stock. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and upped their price objective for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Finally, UBS Group cut their price target on Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Three 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, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $510.59.

Microsoft Trading Down 3.0 %

NASDAQ:MSFT traded down $11.78 during trading hours on Friday, reaching $378.80. 21,606,792 shares of the company were exchanged, compared to its average volume of 20,523,498. The firm has a market cap of $2.82 trillion, a price-to-earnings ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.92. The stock has a 50 day simple moving average of $405.52 and a 200 day simple moving average of $419.06. Microsoft Co. has a 52-week low of $376.91 and a 52-week 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.

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, 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 company posted $2.93 EPS. As a group, analysts predict 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. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

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.