Lineweaver Wealth Advisors LLC Buys 1,923 Shares of Microsoft Co. (NASDAQ:MSFT)

Lineweaver Wealth Advisors LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 9.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,178 shares of the software giant’s stock after buying an additional 1,923 shares during the quarter. Microsoft accounts for approximately 1.8% of Lineweaver Wealth Advisors LLC’s holdings, making the stock its 15th largest position. Lineweaver Wealth Advisors LLC’s holdings in Microsoft were worth $9,776,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Muirfield Wealth Advisors LLC increased its stake in shares of Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC boosted its holdings in Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock valued at $443,000 after purchasing an additional 24 shares in the last quarter. Sequent Asset Management LLC increased its position in Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after purchasing an additional 25 shares during the period. Cypress Point Wealth Management LLC raised its stake in shares of Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after buying an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC lifted its holdings in shares of Microsoft by 0.6% in the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock valued at $1,941,000 after buying an additional 25 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $435.28 on Friday. The business has a fifty day simple moving average of $384.93 and a 200-day simple moving average of $411.07. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The company has a market cap of $3.24 trillion, a P/E ratio of 35.05, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 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 the consensus estimate of $68.54 billion. During the same quarter in the prior year, the company posted $2.94 EPS. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSFT. Mizuho upped their price objective on Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday. UBS Group cut their price target 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. KeyCorp reissued a “sector weight” rating on shares of Microsoft in a report on Thursday, April 17th. Piper Sandler reiterated a “neutral” rating on shares of Microsoft in a research report on Thursday. Finally, Royal Bank of Canada boosted their price target on Microsoft from $500.00 to $525.00 and gave the stock an “outperform” rating in a research note on Thursday. Six investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.