Strategic Advisors LLC Has $28.46 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Strategic Advisors LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,523 shares of the software giant's stock after acquiring an additional 4,209 shares during the quarter. Microsoft comprises approximately 5.1% of Strategic Advisors LLC's portfolio, making the stock its 3rd largest holding. Strategic Advisors LLC's holdings in Microsoft were worth $28,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. BCK Partners Inc. boosted its holdings in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock valued at $582,000 after acquiring an additional 24 shares during the last quarter. Muirfield Wealth Advisors LLC lifted its stake in shares of Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after acquiring an additional 24 shares in the last quarter. Sequent Asset Management LLC lifted its stake in shares of Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock worth $853,000 after acquiring an additional 25 shares in the last quarter. Cypress Point Wealth Management LLC lifted its stake in shares of Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock worth $1,380,000 after acquiring an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC lifted its holdings in Microsoft by 0.6% during the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock worth $1,941,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Performance

NASDAQ:MSFT traded up $11.13 during midday trading on Wednesday, reaching $377.95. The stock had a trading volume of 4,482,807 shares, compared to its average volume of 21,177,769. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market capitalization of $2.81 trillion, a P/E ratio of 30.43, a PEG ratio of 2.21 and a beta of 1.00. The firm's fifty day simple moving average is $386.38 and its 200-day simple moving average is $411.95. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35.

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 period last year, the business posted $2.93 EPS. On average, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. Microsoft's dividend payout ratio (DPR) is currently 26.73%.

Analysts Set New Price Targets

MSFT has been the topic of several research analyst reports. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Scotiabank started coverage on Microsoft in a research note on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 target price on the stock. Jefferies Financial Group reiterated a "buy" rating and issued a $475.00 target price (down from $500.00) on shares of Microsoft in a research note on Monday, April 7th. Wedbush cut their target price on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Finally, Westpark Capital assumed coverage on shares of Microsoft in a research note on Tuesday, April 1st. They set a "hold" rating on the stock. Five investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $497.63.

About Microsoft

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.