Quantum Financial Planning Services Inc. Makes New $802,000 Investment in Microsoft Co. (NASDAQ:MSFT)

Quantum Financial Planning Services Inc. bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,903 shares of the software giant's stock, valued at approximately $802,000. Microsoft makes up approximately 0.4% of Quantum Financial Planning Services Inc.'s holdings, making the stock its 12th largest holding.

Several other large investors also recently made changes to their positions in the stock. Geode Capital Management LLC increased its stake in Microsoft by 2.0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Microsoft by 4.1% during 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 period. Charles Schwab Investment Management Inc. boosted its stake in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock valued at $20,322,513,000 after purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Microsoft by 48,526.1% during the 3rd 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 in the last quarter. Finally, Franklin Resources Inc. raised its stake 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 acquiring an additional 406,940 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

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Microsoft Stock Performance

Shares of NASDAQ MSFT traded up $2.08 during mid-day trading on Tuesday, reaching $395.16. 15,761,260 shares of the company were exchanged, compared to its average volume of 19,335,764. The stock has a market capitalization of $2.94 trillion, a P/E ratio of 31.82, a P/E/G ratio of 2.21 and a beta of 0.92. 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 twelve month low of $376.91 and a twelve month high of $468.35. The company's 50-day simple moving average is $408.34 and its 200-day simple moving average is $419.63.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly 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 quarter in the previous year, the company posted $2.93 earnings per share. As a group, research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is presently 26.73%.

Analysts Set New Price Targets

MSFT has been the topic of a number of research analyst reports. Tigress Financial increased their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Morgan Stanley reduced their price objective on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Mizuho lowered their price objective on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Finally, Piper Sandler reiterated an "overweight" rating and set a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $510.59.

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.