Wealthspire Advisors LLC Buys 9,371 Shares of Microsoft Co. (NASDAQ:MSFT)

Wealthspire Advisors LLC grew its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,856 shares of the software giant's stock after purchasing an additional 9,371 shares during the quarter. Microsoft makes up about 1.0% of Wealthspire Advisors LLC's holdings, making the stock its 21st largest position. Wealthspire Advisors LLC's holdings in Microsoft were worth $97,727,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Adamsbrown Wealth Consultants LLC raised its holdings in shares of Microsoft by 2.2% in the fourth 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 grew its position in Microsoft by 7.6% in 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. Mcdaniel Terry & Co. increased its stake in Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after buying an additional 18,052 shares during the last quarter. Focus Financial Network Inc. lifted its position in shares of Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock worth $32,830,000 after buying an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management purchased a new position in shares of Microsoft in the 3rd quarter worth approximately $3,314,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

Microsoft stock opened at $391.85 on Monday. The firm's 50 day simple moving average is $384.93 and its 200 day simple moving average is $411.34. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. 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 $2.91 trillion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 company earned $2.93 EPS. As a group, analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.85%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analysts Set New Price Targets

MSFT has been the subject of a number of research analyst reports. Morgan Stanley decreased their price target on Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. DA Davidson raised shares of Microsoft from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $425.00 to $450.00 in a report on Thursday, March 13th. BMO Capital Markets decreased their price objective on shares of Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a report on Wednesday, April 16th. Finally, Wells Fargo & Company lowered their price objective on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Five analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average price target of $493.89.

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.

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