Stratos Wealth Advisors LLC Has $25.87 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Stratos Wealth Advisors LLC cut its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,373 shares of the software giant's stock after selling 3,027 shares during the period. Microsoft accounts for about 1.2% of Stratos Wealth Advisors LLC's portfolio, making the stock its 11th largest holding. Stratos Wealth Advisors LLC's holdings in Microsoft were worth $25,869,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after buying an additional 38,422,466 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in Microsoft by 76.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. increased its position in shares of Microsoft by 46.1% during the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Microsoft by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock valued at $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of brokerages have weighed in on MSFT. Loop Capital lifted their price objective on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Wedbush reiterated an "outperform" rating and issued a $550.00 price target on shares of Microsoft in a report on Thursday, March 20th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and an average target price of $508.86.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded down $0.05 on Wednesday, hitting $382.14. The company's stock had a trading volume of 15,927,448 shares, compared to its average volume of 20,588,437. The company has a market capitalization of $2.84 trillion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The stock's 50-day moving average is $403.52 and its two-hundred day moving average is $418.45. Microsoft Co. has a 12 month low of $367.24 and a 12 month high of $468.35. 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 (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, beating 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 period last year, the business earned $2.93 earnings per share. On average, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

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 $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. Microsoft's dividend payout ratio (DPR) 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.