Microsoft Co. (NASDAQ:MSFT) Shares Acquired by CORDA Investment Management LLC.

CORDA Investment Management LLC. raised its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,967 shares of the software giant's stock after buying an additional 854 shares during the period. CORDA Investment Management LLC.'s holdings in Microsoft were worth $10,523,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MSFT. Proficio Capital Partners LLC increased its position in shares of Microsoft by 34,643.3% in the 4th quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock valued at $7,096,913,000 after purchasing an additional 16,788,816 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC increased its holdings 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 valued at $70,790,682,000 after buying an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. raised its stake in Microsoft by 46.1% in the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock valued at $3,032,859,000 after buying an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in 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 worth $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on MSFT. Jefferies Financial Group raised their target price on Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Westpark Capital reissued a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. Mizuho upped their target price on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. UBS Group cut their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Stifel Nicolaus upped their price objective on shares of Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $507.77.

Microsoft Price Performance

Shares of MSFT traded down $2.86 during mid-day trading on Tuesday, reaching $433.31. 14,999,650 shares of the company's stock were exchanged, compared to its average volume of 21,341,941. 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 company has a market cap of $3.22 trillion, a price-to-earnings ratio of 34.89, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The company has a 50-day simple moving average of $385.66 and a two-hundred day simple moving average of $411.17.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.94 EPS. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is presently 25.66%.

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.