Microsoft Co. (NASDAQ:MSFT) Stake Decreased by L.M. Kohn & Company

L.M. Kohn & Company reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,754 shares of the software giant’s stock after selling 348 shares during the period. Microsoft makes up about 2.9% of L.M. Kohn & Company’s holdings, making the stock its 6th largest position. L.M. Kohn & Company’s holdings in Microsoft were worth $11,277,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. WFA Asset Management Corp increased its holdings in Microsoft by 27.0% during the 1st 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 position in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after purchasing an additional 38 shares during the last quarter. AMF Tjanstepension AB grew its holdings in Microsoft by 1.8% during 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 buying an additional 49,735 shares during the last quarter. Discipline Wealth Solutions LLC increased its position in Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock worth $1,144,000 after buying an additional 2,138 shares in the last quarter. Finally, Swedbank AB raised its holdings in shares of Microsoft by 0.4% in the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after acquiring an additional 49,288 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $367.78 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The company has a market capitalization of $2.73 trillion, a price-to-earnings ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.00. The business has a 50-day moving average of $388.25 and a 200-day moving average of $412.78.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 quarter last year, the firm posted $2.93 EPS. On average, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company 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 0.90%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on MSFT shares. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. KeyCorp reissued a “sector weight” rating on shares of Microsoft in a research report on Thursday. UBS Group decreased their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Finally, Stifel Nicolaus lowered their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Five research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $499.97.

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.