SC&H Financial Advisors Inc. increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 10.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,673 shares of the software giant's stock after acquiring an additional 1,509 shares during the period. Microsoft makes up about 1.5% of SC&H Financial Advisors Inc.'s portfolio, making the stock its 17th largest holding. SC&H Financial Advisors Inc.'s holdings in Microsoft were worth $7,028,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. acquired a new stake in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC raised its position 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 purchasing an additional 35 shares during the last quarter. Avondale Wealth Management boosted its holdings in Microsoft by 144.4% in 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 last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft during the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft during the fourth quarter worth approximately $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.
Analyst Ratings Changes
MSFT has been the topic of a number of analyst reports. Stifel Nicolaus reduced their target price on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. StockNews.com downgraded shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Scotiabank assumed coverage on shares of Microsoft in a report on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 target price for the company. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research report on Friday, January 24th. Finally, Tigress Financial upped their target price on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Four research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $508.00.
View Our Latest Stock Report on MSFT
Microsoft Price Performance
Shares of MSFT stock traded up $5.26 during trading on Wednesday, hitting $359.82. The company had a trading volume of 4,141,964 shares, compared to its average volume of 23,748,721. The stock's 50-day moving average price is $393.94 and its 200 day moving average price is $415.52. The firm has a market capitalization of $2.67 trillion, a P/E ratio of 29.00, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. 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 Co. has a one year low of $344.79 and a one year high of $468.35.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate 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 quarter in the prior year, the firm posted $2.93 EPS. Equities analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.
Microsoft Announces Dividend
The business 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. This represents a $3.32 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 26.73%.
About Microsoft
(
Free Report)
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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