A&I Financial Services LLC Purchases Shares of 1,895 Microsoft Co. (NASDAQ:MSFT)

A&I Financial Services LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,895 shares of the software giant's stock, valued at approximately $799,000. Microsoft makes up approximately 0.8% of A&I Financial Services LLC's investment portfolio, making the stock its 22nd largest holding.

Several other large investors also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the 4th quarter valued at approximately $38,000. IFS Advisors LLC grew its stake in shares of Microsoft by 53.8% in 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 during the period. Avondale Wealth Management raised its holdings 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 shares of Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter valued at $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Up 0.2 %

Shares of NASDAQ MSFT traded up $0.89 during midday trading on Monday, reaching $436.17. The stock had a trading volume of 20,112,843 shares, compared to its average volume of 21,367,112. The company's 50 day moving average price is $384.93 and its 200 day moving average price is $411.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The firm has a market cap of $3.24 trillion, a price-to-earnings ratio of 35.12, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last released 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 net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter in the previous year, the business earned $2.94 earnings per share. Microsoft's revenue for the quarter was up 13.3% on a year-over-year basis. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.76%. Microsoft's dividend payout ratio is currently 25.66%.

Analyst Upgrades and Downgrades

MSFT has been the subject of several recent analyst reports. Raymond James increased their price objective on Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research note on Thursday. Bank of America cut their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. BMO Capital Markets boosted their price target on shares of Microsoft from $470.00 to $485.00 and gave the company an "outperform" rating in a research report on Thursday. Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Thursday. Finally, Wells Fargo & Company lifted their price objective on Microsoft from $500.00 to $515.00 and gave the company an "overweight" rating in a research report on Thursday. Six investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $507.77.

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.