Microsoft Co. (NASDAQ:MSFT) Shares Acquired by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,926 shares of the software giant’s stock after purchasing an additional 420 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Microsoft were worth $8,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fiduciary Advisors Inc. acquired a new position in Microsoft in the fourth quarter worth approximately $38,000. IFS Advisors LLC raised its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management increased its holdings in shares of 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 acquiring an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in Microsoft in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC bought a new position in Microsoft in the 4th quarter worth approximately $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Ratings Changes

MSFT has been the subject of a number of recent research reports. Tigress Financial increased their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. Scotiabank started coverage on shares of Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. Bank of America lowered their price target on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and upped their price target for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Finally, UBS Group decreased their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $499.97.

Microsoft Trading Down 1.0 %

Shares of MSFT stock opened at $367.78 on Friday. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The stock 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 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’s fifty day simple moving average is $388.25 and its two-hundred day simple moving average is $412.73.

Microsoft (NASDAQ:MSFT) last released its 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 return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the firm earned $2.93 EPS. As a group, analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Microsoft Company 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.