Root Financial Partners LLC Has $6.75 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Root Financial Partners LLC grew its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 27.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,009 shares of the software giant's stock after purchasing an additional 3,420 shares during the period. Microsoft comprises approximately 0.8% of Root Financial Partners LLC's holdings, making the stock its 17th biggest holding. Root Financial Partners LLC's holdings in Microsoft were worth $6,748,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Microsoft by 76.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of 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 purchasing an additional 3,264,648 shares in the last quarter. Baillie Gifford & Co. raised its position in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position 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 worth $23,490,417,000 after acquiring an additional 2,125,030 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several research firms recently issued reports on MSFT. Wedbush decreased their price target on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a report on Thursday, April 10th. BMO Capital Markets dropped their price objective on Microsoft from $490.00 to $470.00 and set an "outperform" rating on the stock in a research note on Wednesday. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. UBS Group reduced their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Monday. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. According to MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $499.97.

Microsoft Price Performance

MSFT traded down $14.12 on Wednesday, hitting $371.61. 21,938,586 shares of the stock were exchanged, compared to its average volume of 21,233,013. The firm has a market capitalization of $2.76 trillion, a price-to-earnings ratio of 29.92, a PEG ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The business has a 50-day moving average of $390.78 and a two-hundred day moving average of $413.81.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 quarter last year, the business posted $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.89%. Microsoft's dividend payout ratio (DPR) is currently 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.