1,100 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Carlson Capital L.P.

Carlson Capital L.P. bought a new stake in Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,100 shares of the software giant’s stock, valued at approximately $464,000. Microsoft accounts for 0.3% of Carlson Capital L.P.’s holdings, making the stock its 26th largest position.

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

Analyst Ratings Changes

A number of brokerages have commented on MSFT. Royal Bank of Canada raised their price objective on Microsoft from $500.00 to $525.00 and gave the company an “outperform” rating in a research note on Thursday. Mizuho upped their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday. Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. The Goldman Sachs Group upped their target price on shares of Microsoft from $450.00 to $480.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Six investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $507.77.

Microsoft Trading Up 2.3 %

Microsoft stock opened at $435.28 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The stock has a market cap of $3.24 trillion, a P/E ratio of 35.05, a PEG ratio of 2.21 and a beta of 1.00. The firm’s fifty day moving average price is $384.93 and its 200-day moving average price is $411.12.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion for 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% compared to the same quarter last year. During the same period in the prior year, the company earned $2.94 EPS. Equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business 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. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.76%. Microsoft’s payout ratio is presently 26.73%.

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.