Roman Butler Fullerton & Co. Has $13.49 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Roman Butler Fullerton & Co. lessened its position in shares of Microsoft Co. (NASDAQ:MSFT) by 7.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,041 shares of the software giant’s stock after selling 2,677 shares during the period. Microsoft comprises 3.8% of Roman Butler Fullerton & Co.’s portfolio, making the stock its 3rd largest position. Roman Butler Fullerton & Co.’s holdings in Microsoft were worth $13,489,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC grew its position in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management increased its stake in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Microsoft in the 4th quarter worth approximately $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Down 0.5 %

Shares of Microsoft stock opened at $385.73 on Wednesday. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. 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 company has a 50-day moving average of $390.78 and a 200 day moving average of $413.81. The firm has a market cap of $2.87 trillion, a price-to-earnings ratio of 31.06, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 last year, the company posted $2.93 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed 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 of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.86%. Microsoft’s payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MSFT shares. Wedbush decreased their price target on Microsoft from $550.00 to $475.00 and set an “outperform” rating for the company in a research note on Thursday, April 10th. Scotiabank initiated coverage on Microsoft in a research note on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price objective for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Morgan Stanley reduced their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Four investment 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $502.83.

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.