Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lessened by Vishria Bird Financial Group LLC

Vishria Bird Financial Group LLC cut its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 36,089 shares of the software giant’s stock after selling 281 shares during the period. Microsoft comprises about 5.3% of Vishria Bird Financial Group LLC’s holdings, making the stock its 5th biggest position. Vishria Bird Financial Group LLC’s holdings in Microsoft were worth $15,212,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Christopher J. Hasenberg Inc raised its holdings in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the period. Quarry LP purchased a new stake in Microsoft in the second quarter worth $45,000. IFS Advisors LLC raised its stake in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management lifted its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft during the 3rd quarter worth $62,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

MSFT opened at $378.77 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $2.82 trillion, a P/E ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.92. The stock has a 50-day moving average price of $413.12 and a 200-day moving average price of $420.77. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the firm earned $2.93 EPS. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. UBS Group lowered their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Piper Sandler restated an “overweight” rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Finally, DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and raised their price target for the stock from $425.00 to $450.00 in a report on Thursday. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $510.43.

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.