Latko Wealth Management Ltd. Has $479,000 Position in Microsoft Co. (NASDAQ:MSFT)

Latko Wealth Management Ltd. boosted its position in Microsoft Co. (NASDAQ:MSFT) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,136 shares of the software giant’s stock after buying an additional 83 shares during the quarter. Microsoft makes up 0.3% of Latko Wealth Management Ltd.’s portfolio, making the stock its 22nd biggest position. Latko Wealth Management Ltd.’s holdings in Microsoft were worth $479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in MSFT. Geode Capital Management LLC raised its holdings in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after acquiring an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after acquiring an additional 652,493 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on MSFT. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. UBS Group dropped their price target on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research note on Monday. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Finally, Wells Fargo & Company reduced their price target on shares of Microsoft from $515.00 to $500.00 and set an “overweight” rating for the company in a report on Monday. Four analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $502.83.

Microsoft Price Performance

Microsoft stock opened at $385.73 on Wednesday. Microsoft Co. has a 12-month low of $344.79 and a 12-month 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. The firm has a 50-day moving average price of $390.78 and a 200-day moving average price of $413.81. The firm has a market capitalization of $2.87 trillion, a PE ratio of 31.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the business posted $2.93 earnings per share. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.86%. Microsoft’s dividend payout ratio is presently 26.73%.

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.