Vantage Point Financial LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

Vantage Point Financial LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,865 shares of the software giant's stock, valued at approximately $1,208,000.

Several other hedge funds have also recently bought and sold shares of the company. Net Worth Advisory Group acquired a new position in Microsoft during the third quarter worth about $2,645,000. Adamsbrown Wealth Consultants LLC grew its holdings in shares of Microsoft by 2.2% during 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 last quarter. Oak Ridge Investments LLC increased its position in Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock worth $113,399,000 after purchasing an additional 18,544 shares in the last quarter. Focus Financial Network Inc. lifted its stake in Microsoft by 2.0% in 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 acquired a new stake in Microsoft in the third quarter valued at approximately $3,314,000. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Performance

MSFT traded down $1.35 during midday trading on Wednesday, reaching $380.84. The company had a trading volume of 2,167,193 shares, compared to its average volume of 20,524,286. The business has a 50-day moving average price of $403.52 and a two-hundred day moving average price of $418.45. Microsoft Co. has a 12-month low of $367.24 and a 12-month high of $468.35. The stock has a market cap of $2.83 trillion, a PE ratio of 30.68, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

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Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results 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 last year, the firm earned $2.93 earnings per share. On average, sell-side analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared 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. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 26.73%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MSFT. Mizuho lowered their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Wedbush restated an "outperform" rating and set a $550.00 price target on shares of Microsoft in a report on Thursday, March 20th. Jefferies Financial Group dropped their price objective on shares of Microsoft from $550.00 to $500.00 and set a "buy" rating for the company in a report on Monday. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Four 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, the company has a consensus rating of "Moderate Buy" and an average price target of $508.86.

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.