Mn Services Vermogensbeheer B.V. Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)

Mn Services Vermogensbeheer B.V. grew its position in Microsoft Co. (NASDAQ:MSFT) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,318,711 shares of the software giant’s stock after purchasing an additional 26,700 shares during the period. Microsoft makes up approximately 3.7% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 4th biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Microsoft were worth $555,837,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC boosted its stake in 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 purchasing an additional 35 shares in the last quarter. Avondale Wealth Management raised its stake in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Microsoft during the third quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft in the fourth quarter worth about $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $435.28 on Friday. 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 stock has a market capitalization 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 business has a 50-day moving average of $384.93 and a two-hundred day moving average of $411.07. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.94 earnings per share. On average, equities research analysts predict 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 issued 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 of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is 26.73%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Barclays raised their target price on shares of Microsoft from $430.00 to $494.00 and gave the stock an “overweight” rating in a report on Thursday. Cantor Fitzgerald lifted their price target on Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. upped their price objective on shares of Microsoft from $465.00 to $475.00 and gave the company an “overweight” rating in a research note on Thursday. KeyCorp reissued a “sector weight” rating on shares of Microsoft in a research report on Thursday, April 17th. Finally, Bank of America decreased their price objective on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Six research analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus 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.