Wealth Advisors Northwest LLC Purchases New Position in Microsoft Co. (NASDAQ:MSFT)

Wealth Advisors Northwest LLC bought a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,050 shares of the software giant's stock, valued at approximately $1,285,000. Microsoft makes up approximately 0.9% of Wealth Advisors Northwest LLC's portfolio, making the stock its 25th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the 4th quarter valued at about $38,000. IFS Advisors LLC lifted its stake in Microsoft by 53.8% in 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 during the last quarter. Avondale Wealth Management boosted its holdings in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC purchased a new stake in Microsoft in the 4th quarter valued at $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several research reports. Tigress Financial raised their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Cantor Fitzgerald restated an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. UBS Group decreased their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Monday. StockNews.com lowered Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Finally, Westpark Capital assumed coverage on Microsoft in a research note on Tuesday, April 1st. They set a "hold" rating for the company. Four research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $503.86.

Microsoft Trading Down 0.0 %

NASDAQ:MSFT traded down $0.12 during mid-day trading on Tuesday, reaching $387.69. The company's stock had a trading volume of 2,355,474 shares, compared to its average volume of 21,173,490. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The company's fifty day simple moving average is $391.38 and its two-hundred day simple moving average is $414.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market cap of $2.88 trillion, a P/E ratio of 31.15, a P/E/G ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 period in the previous year, the firm earned $2.93 EPS. On average, equities analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.86%. Microsoft's dividend 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.