Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Schubert & Co

Schubert & Co increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 12.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,615 shares of the software giant’s stock after purchasing an additional 184 shares during the quarter. Microsoft accounts for 0.5% of Schubert & Co’s holdings, making the stock its 23rd largest holding. Schubert & Co’s holdings in Microsoft were worth $681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Microsoft Trading Down 2.4 %

Shares of Microsoft stock opened at $359.12 on Tuesday. The company has a 50-day moving average of $387.26 and a two-hundred day moving average of $412.30. The stock has a market cap of $2.67 trillion, a PE ratio of 28.91, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35.

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

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. 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. KeyCorp restated a “sector weight” rating on shares of Microsoft in a research note on Thursday, April 17th. Bank of America reduced their price objective on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Morgan Stanley cut their target price on shares of Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Finally, Mizuho dropped their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $497.63.

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.