Raelipskie Partnership Decreases Position in Microsoft Co. (NASDAQ:MSFT)

Raelipskie Partnership cut its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,302 shares of the software giant's stock after selling 1,548 shares during the quarter. Microsoft accounts for about 3.8% of Raelipskie Partnership's holdings, making the stock its 8th biggest holding. Raelipskie Partnership's holdings in Microsoft were worth $7,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Evergreen Wealth Management LLC lifted its holdings in shares of Microsoft by 1.9% in the 4th quarter. Evergreen Wealth Management LLC now owns 8,440 shares of the software giant's stock worth $3,557,000 after acquiring an additional 154 shares during the last quarter. Highview Capital Management LLC DE raised its position in Microsoft by 3.4% in the 4th quarter. Highview Capital Management LLC DE now owns 19,350 shares of the software giant's stock worth $8,156,000 after purchasing an additional 636 shares during the period. 5T Wealth LLC bought a new stake in Microsoft in the fourth quarter worth $435,000. Woodard & Co. Asset Management Group Inc. ADV boosted its position in Microsoft by 6.7% during the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 13,680 shares of the software giant's stock valued at $5,766,000 after buying an additional 855 shares during the period. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of Microsoft by 4.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 27,528 shares of the software giant's stock worth $11,603,000 after buying an additional 1,164 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Down 1.0 %

Shares of NASDAQ:MSFT opened at $367.78 on Monday. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The stock has a market capitalization of $2.73 trillion, a price-to-earnings ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.00. The stock has a fifty day simple moving average of $388.25 and a two-hundred day simple moving average of $412.70. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 quarter in the prior year, the business posted $2.93 EPS. On average, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal 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 issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 26.73%.

Analyst Ratings Changes

Several analysts have weighed in on the company. KeyCorp reiterated a "sector weight" rating on shares of Microsoft in a research report on Thursday. DA Davidson upgraded shares of Microsoft from a "neutral" rating to a "buy" rating and upped their price target for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Bank of America cut their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Wedbush lowered their price objective on shares of Microsoft from $550.00 to $475.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. Finally, Scotiabank started coverage on Microsoft in a research note on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 target price on the stock. Five analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and an average price target of $499.97.

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.

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