8,374 Shares in Microsoft Co. (NASDAQ:MSFT) Purchased by Fjell Capital LLC

Fjell Capital LLC acquired a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,374 shares of the software giant's stock, valued at approximately $3,530,000. Microsoft comprises about 3.6% of Fjell Capital LLC's portfolio, making the stock its 6th largest position.

A number of other institutional investors have also bought and sold shares of MSFT. Fiduciary Advisors Inc. purchased a new position in Microsoft during the 4th quarter valued at about $38,000. IFS Advisors LLC lifted its holdings in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management boosted its position in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the third quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the fourth quarter valued at $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of NASDAQ MSFT traded up $9.88 during midday trading on Friday, hitting $435.28. The company had a trading volume of 30,732,671 shares, compared to its average volume of 21,356,359. 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 business has a 50-day simple moving average of $384.93 and a two-hundred day simple moving average of $411.12. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The firm has a market capitalization of $3.24 trillion, a price-to-earnings ratio of 35.05, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business posted $2.94 EPS. Equities research analysts anticipate 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. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.76%. Microsoft's payout ratio is 26.73%.

Analyst Ratings Changes

MSFT has been the subject of several analyst reports. UBS Group lowered 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 Monday, April 14th. Westpark Capital reissued a "hold" rating on shares of Microsoft in a report on Thursday. Tigress Financial boosted their target price on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Evercore ISI upped their price target on Microsoft from $435.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Wedbush boosted their price objective on shares of Microsoft from $475.00 to $515.00 and gave the stock an "outperform" rating in a research report on Thursday. Six analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. According to MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $507.77.

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.