Advyzon Investment Management LLC Takes $3.39 Million Position in Microsoft Co. (NASDAQ:MSFT)

Advyzon Investment Management LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,034 shares of the software giant’s stock, valued at approximately $3,386,000. Microsoft comprises 1.3% of Advyzon Investment Management LLC’s holdings, making the stock its 14th biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the fourth quarter worth approximately $38,000. IFS Advisors LLC boosted its stake in Microsoft by 53.8% in 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 during the last quarter. Avondale Wealth Management grew its holdings in 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 acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft during the 3rd quarter valued at $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 Price Performance

NASDAQ:MSFT opened at $374.58 on Thursday. The stock has a market capitalization of $2.78 trillion, a PE ratio of 30.16, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The firm has a fifty day simple moving average of $385.70 and a 200 day simple moving average of $411.70. 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 (NASDAQ:MSFT) last announced its quarterly earnings data 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the prior year, the firm posted $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed 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 is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.89%. Microsoft’s dividend payout ratio is 26.73%.

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of analyst reports. DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Westpark Capital assumed coverage on shares of Microsoft in a research report on Tuesday, April 1st. They issued a “hold” rating on the stock. Barclays decreased their price objective on shares of Microsoft from $475.00 to $430.00 and set an “overweight” rating for the company in a report on Monday. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $494.80.

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.