Microsoft Co. (NASDAQ:MSFT) Shares Bought by Dixon Fnancial Services Inc.

Dixon Fnancial Services Inc. raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,472 shares of the software giant’s stock after purchasing an additional 106 shares during the period. Microsoft accounts for 1.3% of Dixon Fnancial Services Inc.’s holdings, making the stock its 9th biggest position. Dixon Fnancial Services Inc.’s holdings in Microsoft were worth $2,306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MSFT. WFA Asset Management Corp lifted its position in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. raised its stake in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares during the last quarter. AMF Tjanstepension AB lifted its holdings in Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after purchasing an additional 49,735 shares in the last quarter. Czech National Bank boosted its stake in Microsoft by 6.9% during the 3rd quarter. Czech National Bank now owns 1,514,189 shares of the software giant’s stock worth $651,556,000 after purchasing an additional 97,893 shares during the last quarter. Finally, waypoint wealth counsel grew its holdings in shares of Microsoft by 4.6% during the third quarter. waypoint wealth counsel now owns 15,894 shares of the software giant’s stock worth $6,839,000 after buying an additional 696 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

MSFT has been the topic of several research reports. Wedbush reissued an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a research note on Thursday. Loop Capital raised their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Mizuho dropped their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. Finally, Piper Sandler restated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Three 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $510.59.

Microsoft Price Performance

MSFT opened at $386.84 on Friday. The stock’s 50-day moving average price is $409.38 and its 200 day moving average price is $419.85. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. The firm has a market cap of $2.88 trillion, a price-to-earnings ratio of 31.15, a PEG ratio of 2.21 and a beta of 0.92. 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 (NASDAQ:MSFT) last issued its quarterly 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 quarter in the previous year, the firm earned $2.93 EPS. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm 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 $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.86%. Microsoft’s dividend payout ratio (DPR) is 26.73%.

About Microsoft

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.