Microsoft Co. (NASDAQ:MSFT) Holdings Increased by Keystone Wealth Services LLC

Keystone Wealth Services LLC lifted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,390 shares of the software giant's stock after acquiring an additional 999 shares during the period. Microsoft makes up approximately 2.8% of Keystone Wealth Services LLC's holdings, making the stock its 4th biggest holding. Keystone Wealth Services LLC's holdings in Microsoft were worth $10,702,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSFT. Stifel Nicolaus upped their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. 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 boosted their target price on Microsoft from $475.00 to $515.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Cantor Fitzgerald boosted their price objective on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Royal Bank of Canada increased their target price on shares of Microsoft from $500.00 to $525.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Five analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company's stock. According to data from MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average price target of $507.77.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the transaction, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Up 1.1%

MSFT traded up $5.03 on Monday, hitting $443.76. The company had a trading volume of 4,134,725 shares, compared to its average volume of 21,391,515. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The stock has a fifty day simple moving average of $389.19 and a 200-day simple moving average of $411.54. The firm has a market capitalization of $3.30 trillion, a P/E ratio of 35.57, a P/E/G ratio of 2.21 and a beta of 0.99.

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

Microsoft Announces Dividend

The business 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 dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.75%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Microsoft 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.