Founders Capital Management LLC Has $52.19 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Founders Capital Management LLC lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 123,812 shares of the software giant’s stock after purchasing an additional 200 shares during the period. Microsoft accounts for approximately 9.2% of Founders Capital Management LLC’s holdings, making the stock its 4th largest holding. Founders Capital Management LLC’s holdings in Microsoft were worth $52,187,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Net Worth Advisory Group acquired a new position in shares of Microsoft during the 3rd quarter worth about $2,645,000. Oak Ridge Investments LLC grew its holdings in Microsoft by 7.6% during the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. increased its stake in Microsoft by 2.0% in the third 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 in the last quarter. Campbell Wealth Management acquired a new stake in Microsoft in the third quarter worth $3,314,000. Finally, Evernest Financial Advisors LLC boosted its position in shares of Microsoft by 389.2% during the third quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant’s stock worth $23,137,000 after purchasing an additional 42,778 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Down 1.3 %

NASDAQ MSFT opened at $389.97 on Thursday. Microsoft Co. has a 12 month low of $376.91 and a 12 month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $407.20 and a 200-day moving average of $419.45. The company has a market cap of $2.90 trillion, a PE ratio of 31.40, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results 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 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 earnings per share. On average, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of recent analyst reports. Loop Capital upped their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Scotiabank started coverage on Microsoft in a report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price target for the company. UBS Group cut their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Morgan Stanley lowered their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Mizuho dropped their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Three investment 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.59.

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.