Bull Oak Capital LLC Acquires 232 Shares of Microsoft Co. (NASDAQ:MSFT)

Bull Oak Capital LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,509 shares of the software giant’s stock after acquiring an additional 232 shares during the quarter. Microsoft accounts for about 0.4% of Bull Oak Capital LLC’s investment portfolio, making the stock its 15th largest holding. Bull Oak Capital LLC’s holdings in Microsoft were worth $636,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MSFT. Heritage Investors Management Corp lifted its position in Microsoft by 0.3% in the 4th quarter. Heritage Investors Management Corp now owns 303,135 shares of the software giant’s stock valued at $127,771,000 after acquiring an additional 774 shares in the last quarter. SRN Advisors LLC lifted its holdings in shares of Microsoft by 2.7% in the fourth quarter. SRN Advisors LLC now owns 5,680 shares of the software giant’s stock valued at $2,394,000 after purchasing an additional 151 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Microsoft in the fourth quarter valued at about $3,713,000. NewEdge Wealth LLC boosted its position in shares of Microsoft by 5.6% during the fourth quarter. NewEdge Wealth LLC now owns 679,931 shares of the software giant’s stock worth $286,591,000 after buying an additional 36,208 shares during the period. Finally, Carlson Capital L.P. bought a new position in shares of Microsoft during the fourth quarter worth about $464,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $435.28 on Friday. The stock has a 50 day simple moving average of $384.93 and a 200 day simple moving average of $411.07. 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. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. 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 earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. During the same quarter in the previous year, the business posted $2.94 earnings per share. Microsoft’s quarterly revenue was up 13.3% on a year-over-year basis. Research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.76%. Microsoft’s dividend payout ratio is presently 26.73%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on MSFT shares. Jefferies Financial Group upped their price target on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley increased their target price on shares of Microsoft from $472.00 to $482.00 and gave the stock an “overweight” rating in a report on Thursday. Piper Sandler reiterated a “neutral” rating on shares of Microsoft in a research note on Thursday. Cantor Fitzgerald increased their price objective on shares of Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Wedbush lifted their target price on Microsoft from $475.00 to $515.00 and gave the company an “outperform” rating in a research report on Thursday. Six investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average 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.