Kirtland Hills Capital Management LLC Has $2.85 Million Position in Microsoft Co. (NASDAQ:MSFT)

Kirtland Hills Capital Management LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 25.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,770 shares of the software giant's stock after acquiring an additional 1,387 shares during the period. Microsoft comprises approximately 1.8% of Kirtland Hills Capital Management LLC's investment portfolio, making the stock its 11th largest holding. Kirtland Hills Capital Management LLC's holdings in Microsoft were worth $2,853,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new stake in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC increased its stake in 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 last quarter. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft in the 3rd quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft during the fourth quarter worth $141,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

Microsoft stock opened at $425.40 on Friday. The stock has a market cap of $3.16 trillion, a P/E ratio of 34.25, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. 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 Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The firm's fifty day moving average price is $384.18 and its 200-day moving average price is $411.01.

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 (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.94 EPS. On average, equities research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Scotiabank boosted their target price on shares of Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a report on Thursday. Jefferies Financial Group raised their target price on Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday. Morgan Stanley upped their target price on shares of Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a report on Thursday. Stifel Nicolaus raised their price target on shares of Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday. Finally, KeyCorp restated a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. Six investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $507.77.

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.

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