Wealthstream Advisors Inc. Purchases 444 Shares of Microsoft Co. (NASDAQ:MSFT)

Wealthstream Advisors Inc. grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,419 shares of the software giant’s stock after acquiring an additional 444 shares during the quarter. Microsoft comprises 1.0% of Wealthstream Advisors Inc.’s holdings, making the stock its 14th largest holding. Wealthstream Advisors Inc.’s holdings in Microsoft were worth $5,235,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC raised 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 during the last quarter. Avondale Wealth Management boosted 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 last quarter. MidAtlantic Capital Management Inc. purchased a new position in Microsoft during the 3rd quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft in the fourth quarter valued at about $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Up 0.7 %

Shares of NASDAQ:MSFT opened at $394.04 on Wednesday. The firm has a fifty day moving average price of $384.02 and a two-hundred day moving average price of $411.02. The company has a market cap of $2.93 trillion, a price-to-earnings ratio of 31.73, 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. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating 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 business earned $2.93 earnings per share. Analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared 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 is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.84%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Scotiabank started coverage on Microsoft in a report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 target price for the company. Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Wednesday, April 23rd. Finally, Morgan Stanley lowered their target price on Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Five investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $493.89.

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.