Shepherd Financial Partners LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,127 shares of the software giant's stock after purchasing an additional 853 shares during the quarter. Microsoft comprises about 1.9% of Shepherd Financial Partners LLC's portfolio, making the stock its 10th biggest position. Shepherd Financial Partners LLC's holdings in Microsoft were worth $15,649,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Net Worth Advisory Group bought a new position in shares of Microsoft in the third quarter valued at approximately $2,645,000. Adamsbrown Wealth Consultants LLC grew its stake 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 purchasing an additional 130 shares during the period. Oak Ridge Investments LLC grew its stake in Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock valued at $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. increased its position in shares of Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after purchasing an additional 1,489 shares during the last quarter. Finally, Campbell Wealth Management bought a new stake in shares of Microsoft during the 3rd quarter worth $3,314,000. Institutional investors own 71.13% of the company's stock.
Microsoft Price Performance
Shares of NASDAQ MSFT traded up $5.26 during trading hours on Wednesday, reaching $359.82. 4,141,964 shares of the stock traded hands, compared to its average volume of 23,748,721. The company's 50-day simple moving average is $393.94 and its two-hundred day simple moving average is $415.52. The company 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. 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.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 last year, the business posted $2.93 earnings per share. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued 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 0.92%. Microsoft's dividend payout ratio is currently 26.73%.
Analyst Ratings Changes
MSFT has been the subject of a number of research analyst reports. Loop Capital raised their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Tigress Financial raised their price target 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. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Piper Sandler reissued an "overweight" rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Finally, StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Four analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $508.00.
Check Out Our Latest Stock Report on MSFT
Microsoft Profile
(
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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