Ascent Wealth Partners LLC increased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,587 shares of the software giant's stock after buying an additional 2,794 shares during the period. Microsoft accounts for 2.7% of Ascent Wealth Partners LLC's portfolio, making the stock its 6th largest holding. Ascent Wealth Partners LLC's holdings in Microsoft were worth $20,058,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of MSFT. Summit Asset Management LLC increased its stake in shares of Microsoft by 0.6% in the fourth quarter. Summit Asset Management LLC now owns 16,866 shares of the software giant's stock worth $7,109,000 after purchasing an additional 99 shares during the period. Delap Wealth Advisory LLC raised its position in Microsoft by 4.0% in the fourth quarter. Delap Wealth Advisory LLC now owns 15,720 shares of the software giant's stock worth $6,626,000 after purchasing an additional 605 shares in the last quarter. Stevens Capital Partners grew its stake in shares of Microsoft by 14.5% in the 4th quarter. Stevens Capital Partners now owns 3,568 shares of the software giant's stock valued at $1,504,000 after purchasing an additional 453 shares during the period. MONECO Advisors LLC raised its stake in Microsoft by 8.0% during the fourth quarter. MONECO Advisors LLC now owns 42,880 shares of the software giant's stock worth $18,074,000 after acquiring an additional 3,186 shares in the last quarter. Finally, DORCHESTER WEALTH MANAGEMENT Co boosted its position in Microsoft by 36.0% in the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 20,723 shares of the software giant's stock valued at $8,735,000 after buying an additional 5,482 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.
Microsoft Trading Up 0.3 %
Shares of MSFT traded up $1.22 during trading hours on Wednesday, hitting $395.26. The company had a trading volume of 34,165,639 shares, compared to its average volume of 21,187,089. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock's 50 day moving average price is $384.02 and its 200 day moving average price is $411.02. The firm has a market cap of $2.94 trillion, a P/E ratio of 31.82, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35.
Microsoft (NASDAQ:MSFT - Get Free Report) last posted 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 $3.20 by $0.26. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. On average, research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.
Analyst Ratings Changes
MSFT has been the subject of a number of research reports. UBS Group lowered their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Wedbush cut their price target on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Wells Fargo & Company reduced their price objective on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and boosted their target price for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Finally, Barclays cut their price objective on shares of Microsoft from $475.00 to $430.00 and set an "overweight" rating on the stock in a research report on Monday, April 21st. Five analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $493.89.
Get Our Latest Analysis on MSFT
Microsoft Profile
(
Free Report)
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.
Featured Stories
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
