MorganRosel Wealth Management LLC Acquires 516 Shares of Microsoft Co. (NASDAQ:MSFT)

MorganRosel Wealth Management LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 9.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,147 shares of the software giant’s stock after acquiring an additional 516 shares during the quarter. Microsoft makes up approximately 0.9% of MorganRosel Wealth Management LLC’s holdings, making the stock its 26th biggest position. MorganRosel Wealth Management LLC’s holdings in Microsoft were worth $2,591,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Assenagon Asset Management S.A. raised its position in shares of Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after buying an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC increased its holdings in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. lifted its stake in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its position in shares of Microsoft by 43,900.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,042,499 shares of the software giant’s stock valued at $860,913,000 after purchasing an additional 2,037,857 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

Shares of MSFT stock opened at $425.40 on Friday. The firm has a market cap of $3.16 trillion, a price-to-earnings ratio of 34.25, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company’s 50 day moving average is $384.18 and its 200 day moving average is $411.01.

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. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The firm had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. During the same period in the previous year, the company posted $2.94 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 0.78%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

Analysts Set New Price Targets

MSFT has been the subject of a number of research reports. Evercore ISI increased their price target on Microsoft from $435.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday. Jefferies Financial Group increased their target price on Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday. Bank of America cut 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 Tuesday, April 15th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Finally, Benchmark restated a “buy” rating on shares of Microsoft in a report on Thursday. Six analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. According to MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $507.77.

Microsoft 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.