Capital & Planning LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Capital & Planning LLC lifted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,297 shares of the software giant's stock after buying an additional 2,965 shares during the quarter. Microsoft comprises approximately 20.1% of Capital & Planning LLC's holdings, making the stock its 3rd largest position. Capital & Planning LLC's holdings in Microsoft were worth $27,523,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. WFA Asset Management Corp raised its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its position in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after purchasing an additional 38 shares during the period. AMF Tjanstepension AB raised its stake in shares of Microsoft by 1.8% in the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock valued at $1,204,664,000 after purchasing an additional 49,735 shares in the last quarter. Discipline Wealth Solutions LLC boosted its stake in Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after buying an additional 2,138 shares in the last quarter. Finally, Swedbank AB boosted its stake in Microsoft by 0.4% during the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after buying an additional 49,288 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on MSFT shares. Wedbush decreased their target price on shares of Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. UBS Group dropped their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Wells Fargo & Company reduced their target price 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. Scotiabank started coverage on shares of Microsoft in a research report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 target price for the company. Finally, Guggenheim reissued a "neutral" rating on shares of Microsoft in a report on Wednesday, April 23rd. Five analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $493.89.

Microsoft Trading Down 0.2 %

NASDAQ:MSFT traded down $0.69 during mid-day trading on Monday, hitting $391.16. The company had a trading volume of 16,533,069 shares, compared to its average volume of 21,150,692. The firm has a market cap of $2.91 trillion, a P/E ratio of 31.49, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The business's fifty day moving average is $384.46 and its two-hundred day moving average is $411.17. 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 (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 in the previous year, the company earned $2.93 earnings per share. As a group, research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm 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 dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.85%. Microsoft's dividend payout ratio is presently 26.73%.

Microsoft Company 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.