WBH Advisory Inc. raised its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 76.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,173 shares of the software giant's stock after buying an additional 28,134 shares during the quarter. Microsoft comprises about 2.5% of WBH Advisory Inc.'s portfolio, making the stock its 6th largest position. WBH Advisory Inc.'s holdings in Microsoft were worth $27,471,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. JFS Wealth Advisors LLC lifted its stake in Microsoft by 2.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 20,926 shares of the software giant's stock worth $8,820,000 after purchasing an additional 420 shares during the last quarter. Keystone Financial Services lifted its position in shares of Microsoft by 1.8% during the 4th quarter. Keystone Financial Services now owns 2,763 shares of the software giant's stock worth $1,165,000 after buying an additional 49 shares during the last quarter. Monument Capital Management boosted its stake in Microsoft by 5.0% in the fourth quarter. Monument Capital Management now owns 31,421 shares of the software giant's stock valued at $13,244,000 after buying an additional 1,488 shares in the last quarter. Spectrum Wealth Advisory Group LLC grew its position in Microsoft by 32.6% in the fourth quarter. Spectrum Wealth Advisory Group LLC now owns 3,775 shares of the software giant's stock valued at $1,591,000 after acquiring an additional 929 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in Microsoft by 1.3% during the fourth quarter. J.W. Cole Advisors Inc. now owns 116,404 shares of the software giant's stock worth $49,064,000 after acquiring an additional 1,466 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.
Microsoft Stock Up 3.0 %
Shares of MSFT traded up $11.13 during trading hours on Wednesday, hitting $377.95. The stock had a trading volume of 4,482,807 shares, compared to its average volume of 21,177,769. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The firm has a market capitalization of $2.81 trillion, a P/E ratio of 30.43, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The firm has a 50 day simple moving average of $386.38 and a 200-day simple moving average of $411.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts' consensus estimates 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 in the previous year, the firm earned $2.93 earnings per share. Sell-side analysts predict 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 paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on MSFT shares. Jefferies Financial Group reaffirmed a "buy" rating and set a $475.00 price target (down from $500.00) on shares of Microsoft in a report on Monday, April 7th. StockNews.com downgraded shares of Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Stifel Nicolaus dropped 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. Scotiabank initiated coverage on Microsoft in a research report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 price objective on the stock. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Five research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus target price of $497.63.
Read Our Latest Analysis on MSFT
Microsoft Company Profile
(
Free Report)
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.
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