Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Tectonic Advisors LLC

Tectonic Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,688 shares of the software giant's stock after buying an additional 2,020 shares during the period. Tectonic Advisors LLC's holdings in Microsoft were worth $5,348,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. purchased a new position in Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC raised its position in shares of Microsoft by 53.8% in 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 grew its position in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the third quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSFT has been the subject of several recent analyst reports. Stifel Nicolaus decreased their price target on Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Guggenheim restated a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, UBS Group cut their price target on Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $508.86.

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Microsoft Stock Down 0.0 %

Shares of MSFT traded down $0.05 during midday trading on Wednesday, hitting $382.14. The company had a trading volume of 15,927,448 shares, compared to its average volume of 20,588,437. Microsoft Co. has a 1 year low of $367.24 and a 1 year high of $468.35. The company's 50-day simple moving average is $403.52 and its 200-day simple moving average is $418.45. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm has a market capitalization of $2.84 trillion, a P/E ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT - Get Free Report) last released 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 quarter in the previous year, the company earned $2.93 EPS. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors 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 yield of 0.87%. Microsoft's dividend payout ratio (DPR) is 26.73%.

Microsoft Company 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.