Microsoft Co. (NASDAQ:MSFT) Position Decreased by Nwam LLC

Nwam LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 255,292 shares of the software giant’s stock after selling 8,450 shares during the period. Microsoft accounts for approximately 6.7% of Nwam LLC’s investment portfolio, making the stock its biggest holding. Nwam LLC’s holdings in Microsoft were worth $107,605,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC boosted its holdings in Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after purchasing an additional 130 shares during the last quarter. Mcdaniel Terry & Co. lifted its holdings in shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock valued at $133,023,000 after buying an additional 18,052 shares during the period. Centric Wealth Management boosted its stake in shares of Microsoft by 0.7% in the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant’s stock worth $6,789,000 after buying an additional 112 shares during the last quarter. 1900 Wealth Management LLC grew its holdings in Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant’s stock worth $4,274,000 after acquiring an additional 294 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant’s stock valued at $3,980,299,000 after acquiring an additional 217,509 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

MSFT stock opened at $435.28 on Friday. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a market capitalization of $3.24 trillion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The business has a 50 day simple moving average of $384.93 and a 200-day simple moving average of $411.07.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating 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 company had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. During the same period in the prior year, the business earned $2.94 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced 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. This represents a $3.32 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analysts Set New Price Targets

Several equities research analysts have commented on MSFT shares. Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Thursday. Bank of America dropped their price target on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Royal Bank of Canada upped their price objective on shares of Microsoft from $500.00 to $525.00 and gave the stock an “outperform” rating in a research report on Thursday. Wedbush raised their target price on Microsoft from $475.00 to $515.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Tigress Financial upped their price target on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Six equities research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $507.77.

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.