Microsoft Co. (NASDAQ:MSFT) is Strategic Advisors LLC’s 3rd Largest Position

Strategic Advisors LLC boosted its position in Microsoft Co. (NASDAQ:MSFT) by 6.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,523 shares of the software giant’s stock after purchasing an additional 4,209 shares during the period. Microsoft comprises 5.1% of Strategic Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Strategic Advisors LLC’s holdings in Microsoft were worth $28,461,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MSFT. Geode Capital Management LLC increased its position in Microsoft by 2.0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Microsoft by 4.1% during 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 Microsoft by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the period. Franklin Resources Inc. lifted its holdings in Microsoft by 1.1% during the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of Microsoft by 2.3% in the third quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant’s stock worth $12,007,285,000 after purchasing an additional 636,713 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Trading Down 1.0 %

MSFT opened at $367.78 on Friday. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The company has a market capitalization of $2.73 trillion, a P/E ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.00. The stock’s fifty day moving average is $388.25 and its two-hundred day moving average is $412.73. 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 released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the company earned $2.93 earnings per share. Analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm 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 0.90%. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Ratings Changes

Several brokerages have recently commented on MSFT. KeyCorp restated a “sector weight” rating on shares of Microsoft in a research report on Thursday. Wedbush lowered their price objective on Microsoft from $550.00 to $475.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th. Bank of America cut their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Finally, Loop Capital upped their price target on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Five equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $499.97.

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.