Quent Capital LLC Acquires 2,219 Shares of Microsoft Co. (NASDAQ:MSFT)

Quent Capital LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,023 shares of the software giant's stock after buying an additional 2,219 shares during the period. Microsoft accounts for about 1.8% of Quent Capital LLC's portfolio, making the stock its 13th biggest holding. Quent Capital LLC's holdings in Microsoft were worth $17,291,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Adamsbrown Wealth Consultants LLC grew its stake in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after acquiring an additional 130 shares in the last quarter. Oak Ridge Investments LLC grew its position in Microsoft by 7.6% during the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock worth $113,399,000 after buying an additional 18,544 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after acquiring an additional 1,489 shares during the period. Campbell Wealth Management acquired a new stake in Microsoft during the third quarter worth about $3,314,000. Finally, Evernest Financial Advisors LLC raised its stake in Microsoft by 389.2% during the third quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant's stock worth $23,137,000 after acquiring an additional 42,778 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of recent research reports. Wells Fargo & Company cut their price target on Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a research note on Monday. Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Friday, January 24th. DA Davidson upgraded shares of Microsoft from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $425.00 to $450.00 in a report on Thursday, March 13th. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Morgan Stanley cut their target price on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $503.86.

Microsoft Trading Down 0.0 %

Shares of NASDAQ MSFT traded down $0.01 during trading hours on Tuesday, hitting $387.80. The company's stock had a trading volume of 2,355,474 shares, compared to its average volume of 21,173,490. The stock has a market cap of $2.88 trillion, a price-to-earnings ratio of 31.15, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The business has a 50-day simple moving average of $391.38 and a 200-day simple moving average of $414.11. 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 released its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts' consensus estimates 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 in the previous year, the firm posted $2.93 earnings per share. On average, analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company 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 of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.86%. Microsoft's dividend payout ratio (DPR) is currently 26.73%.

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.