Walter & Keenan Wealth Management LLC IN ADV Has $15.80 Million Position in Microsoft Co. (NASDAQ:MSFT)

Walter & Keenan Wealth Management LLC IN ADV raised its position in Microsoft Co. (NASDAQ:MSFT) by 1.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 37,495 shares of the software giant’s stock after purchasing an additional 550 shares during the period. Microsoft accounts for approximately 4.8% of Walter & Keenan Wealth Management LLC IN ADV’s portfolio, making the stock its 4th largest position. Walter & Keenan Wealth Management LLC IN ADV’s holdings in Microsoft were worth $15,804,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC increased its position in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management raised its stake in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in Microsoft during the third quarter valued at about $62,000. Finally, Kieckhefer Group LLC purchased a new stake in Microsoft during the fourth quarter worth about $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MSFT. UBS Group cut their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Wedbush reiterated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Jefferies Financial Group reissued a “buy” rating and set a $475.00 target price (down previously from $500.00) on shares of Microsoft in a report on Monday. Finally, Westpark Capital started coverage on Microsoft in a report on Tuesday, April 1st. They issued a “hold” rating for the company. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $508.00.

Microsoft Trading Up 10.1 %

Shares of NASDAQ MSFT opened at $390.49 on Thursday. 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 market capitalization of $2.90 trillion, a PE ratio of 31.44, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock has a fifty day simple moving average of $392.96 and a 200-day simple moving average of $415.17.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company earned $2.93 EPS. On average, equities analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business 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 of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio is currently 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.