Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Advisor OS LLC

Advisor OS LLC boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,870 shares of the software giant’s stock after buying an additional 88 shares during the quarter. Microsoft makes up 1.9% of Advisor OS LLC’s holdings, making the stock its 13th biggest position. Advisor OS LLC’s holdings in Microsoft were worth $16,384,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter worth about $38,000. IFS Advisors LLC boosted its holdings in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares during the last quarter. Avondale Wealth Management increased its stake 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 buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft during the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC purchased a new position in shares of Microsoft in the fourth quarter valued at approximately $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $425.40 on Friday. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a 50 day moving average price of $384.18 and a 200 day moving average price of $411.01. The stock has a market capitalization of $3.16 trillion, a P/E ratio of 34.25, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business posted $2.94 earnings per share. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid 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 yield of 0.78%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MSFT shares. Benchmark reiterated a “buy” rating on shares of Microsoft in a research report on Thursday. UBS Group dropped their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Monday, April 14th. DA Davidson increased their target price on shares of Microsoft from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday. Tigress Financial boosted their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research report on Thursday, March 20th. Finally, Royal Bank of Canada boosted their target price on Microsoft from $500.00 to $525.00 and gave the stock an “outperform” rating in a report on Thursday. Six analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $507.77.

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.