13,930 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Roxbury Financial LLC

Roxbury Financial LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,930 shares of the software giant's stock, valued at approximately $5,899,000. Microsoft accounts for approximately 5.7% of Roxbury Financial LLC's portfolio, making the stock its largest position.

Several other large investors have also recently bought and sold shares of MSFT. Adamsbrown Wealth Consultants LLC boosted its position in Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after buying an additional 130 shares during the last quarter. Oak Ridge Investments LLC raised its holdings in shares of 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 purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. boosted its holdings in shares of Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after buying an additional 1,489 shares during the period. Campbell Wealth Management bought a new stake in shares of Microsoft during the 3rd quarter valued at about $3,314,000. Finally, Romano Brothers AND Company boosted its stake in Microsoft by 2.3% in the third quarter. Romano Brothers AND Company now owns 42,176 shares of the software giant's stock valued at $18,148,000 after acquiring an additional 962 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MSFT shares. Loop Capital boosted their price objective on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, December 23rd. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. StockNews.com lowered shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a research report on Thursday. Finally, DA Davidson raised shares of Microsoft from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. Five equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. According to MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $499.97.

Microsoft Stock Down 1.0 %

NASDAQ MSFT traded down $3.83 during trading hours on Friday, hitting $367.78. 20,940,221 shares of the company were exchanged, compared to its average volume of 21,282,398. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. 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 $2.73 trillion, a price-to-earnings ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.00. The company has a 50 day moving average of $389.13 and a two-hundred day moving average of $413.21.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly 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 period in the previous year, the firm earned $2.93 earnings per share. Equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is presently 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.