1,709 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Puff Wealth Management LLC

Puff Wealth Management LLC acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,709 shares of the software giant's stock, valued at approximately $720,000. Microsoft accounts for approximately 1.2% of Puff Wealth Management LLC's holdings, making the stock its 26th biggest holding.

Several other large investors have also recently made changes to their positions in the stock. Geode Capital Management LLC increased its stake 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 buying an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Microsoft by 4.1% during the 3rd 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 in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Microsoft by 1.4% during the third 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 lifted its holdings in shares of Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of 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 purchasing an additional 406,940 shares during the period. 71.13% of the stock is owned by institutional investors.

Analysts Set New Price Targets

MSFT has been the subject of several analyst reports. Stifel Nicolaus reduced their price target on Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. Tigress Financial increased their target price on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Loop Capital increased their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Finally, Piper Sandler restated an "overweight" rating and issued a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Five research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. According to data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $499.97.

Microsoft Price Performance

MSFT traded down $3.83 during trading on Friday, reaching $367.78. The stock had a trading volume of 20,940,221 shares, compared to its average volume of 21,282,398. The business has a 50-day moving average of $389.13 and a 200-day moving average of $413.21. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The stock has a market cap of $2.73 trillion, a PE ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS 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 posted $2.93 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid 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 0.90%. Microsoft's dividend payout ratio is presently 26.73%.

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.