Microsoft Co. (NASDAQ:MSFT) Stock Position Increased by Robbins Farley

Robbins Farley boosted its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,743 shares of the software giant's stock after acquiring an additional 1,348 shares during the period. Microsoft accounts for 2.8% of Robbins Farley's investment portfolio, making the stock its 5th largest holding. Robbins Farley's holdings in Microsoft were worth $5,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the 4th quarter valued at about $38,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management grew its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft during the 4th quarter valued at $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

MSFT traded up $6.80 during trading on Tuesday, hitting $382.19. 19,648,293 shares of the company traded hands, compared to its average volume of 20,595,340. Microsoft Co. has a one year low of $367.24 and a one year high of $468.35. The stock's fifty day moving average is $404.45 and its 200 day moving average is $418.77. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a market cap of $2.84 trillion, a P/E ratio of 30.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

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

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 annualized dividend and a dividend yield of 0.87%. Microsoft's payout ratio is presently 26.73%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. UBS Group decreased their price target on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Piper Sandler reaffirmed an "overweight" rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Morgan Stanley dropped their price target on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Finally, Stifel Nicolaus lowered their target price on Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $508.86.

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.