Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. raised its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 315,594 shares of the software giant's stock after purchasing an additional 18,052 shares during the period. Microsoft accounts for about 10.9% of Mcdaniel Terry & Co.'s investment portfolio, making the stock its biggest holding. Mcdaniel Terry & Co.'s holdings in Microsoft were worth $133,023,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. WealthBridge Capital Management LLC grew its position in shares of Microsoft by 1.9% during the fourth quarter. WealthBridge Capital Management LLC now owns 12,943 shares of the software giant's stock worth $5,456,000 after purchasing an additional 245 shares in the last quarter. WealthCare Investment Partners LLC boosted its position in shares of Microsoft by 5.3% during the fourth quarter. WealthCare Investment Partners LLC now owns 6,966 shares of the software giant's stock worth $2,916,000 after acquiring an additional 349 shares during the last quarter. Sunpointe LLC lifted its stake in Microsoft by 0.9% in the 4th quarter. Sunpointe LLC now owns 15,170 shares of the software giant's stock worth $6,394,000 after purchasing an additional 142 shares in the last quarter. LMG Wealth Partners LLC increased its holdings in shares of Microsoft by 1.2% in the fourth quarter. LMG Wealth Partners LLC now owns 34,209 shares of the software giant's stock worth $14,419,000 after purchasing an additional 416 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC boosted its stake in Microsoft by 2,033.8% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 20,911 shares of the software giant's stock valued at $8,814,000 after buying an additional 19,931 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MSFT shares. Westpark Capital started coverage on shares of Microsoft in a report on Tuesday, April 1st. They issued a "hold" rating for the company. Stifel Nicolaus decreased their target price on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Bank of America dropped their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Finally, Barclays lowered their price target on Microsoft from $475.00 to $430.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. Five investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $493.89.

Microsoft Stock Up 1.2 %

NASDAQ MSFT traded up $4.55 on Friday, hitting $391.85. The stock had a trading volume of 18,959,931 shares, compared to its average volume of 21,169,050. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market cap of $2.91 trillion, a price-to-earnings ratio of 31.55, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The business's fifty day moving average price is $384.93 and its 200 day moving average price is $411.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 last year, the business earned $2.93 EPS. Equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

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 given 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 yield of 0.85%. Microsoft's dividend payout ratio is currently 26.73%.

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.