Microsoft Co. (NASDAQ:MSFT) Position Increased by Strategic Wealth Investment Group LLC

Strategic Wealth Investment Group LLC increased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,897 shares of the software giant's stock after acquiring an additional 2,877 shares during the period. Microsoft makes up 2.0% of Strategic Wealth Investment Group LLC's investment portfolio, making the stock its 12th largest position. Strategic Wealth Investment Group LLC's holdings in Microsoft were worth $29,884,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc lifted its stake in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after purchasing an additional 25 shares in the last quarter. IFS Advisors LLC lifted its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management increased its position in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after acquiring an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft during the 4th quarter valued at $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.

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Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Piper Sandler reissued an "overweight" rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Morgan Stanley decreased their price objective on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. StockNews.com lowered Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Finally, UBS Group cut their target price on Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $510.59.

Microsoft Trading Up 0.2 %

Shares of Microsoft stock traded up $0.61 during trading on Thursday, hitting $390.58. The stock had a trading volume of 13,741,615 shares, compared to its average volume of 22,928,355. 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 company has a market capitalization of $2.90 trillion, a PE ratio of 31.45, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 1 year low of $376.91 and a 1 year high of $468.35. The stock has a 50 day simple moving average of $407.20 and a 200 day simple moving average of $419.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating 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 in the prior year, the company posted $2.93 EPS. On average, research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given 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 yield of 0.85%. Microsoft's payout ratio is presently 26.73%.

Microsoft 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.