Key Financial Inc Has $12.08 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Key Financial Inc reduced its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,668 shares of the software giant's stock after selling 900 shares during the quarter. Microsoft comprises 2.7% of Key Financial Inc's investment portfolio, making the stock its 6th biggest position. Key Financial Inc's holdings in Microsoft were worth $12,084,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Morgan Stanley decreased their price target on shares of Microsoft from $530.00 to $472.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Westpark Capital began coverage on Microsoft in a research report on Tuesday, April 1st. They set a "hold" rating for the company. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Mizuho dropped their target price on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Finally, Stifel Nicolaus decreased their price target on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Five equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Microsoft has an average rating of "Moderate Buy" and a consensus price target of $493.13.

Microsoft Stock Down 0.0 %

Shares of MSFT stock traded down $0.16 during trading hours on Friday, hitting $387.14. 4,241,389 shares of the company's stock traded hands, compared to its average volume of 21,222,840. 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 fifty day simple moving average is $385.28 and its two-hundred day simple moving average is $411.53. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The stock has a market cap of $2.88 trillion, a price-to-earnings ratio of 31.14, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the business earned $2.93 earnings per share. On average, analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.86%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.

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.