Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Trifecta Capital Advisors LLC

Trifecta Capital Advisors LLC increased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,677 shares of the software giant's stock after acquiring an additional 1,477 shares during the period. Microsoft makes up about 5.1% of Trifecta Capital Advisors LLC's holdings, making the stock its 4th largest holding. Trifecta Capital Advisors LLC's holdings in Microsoft were worth $25,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Adamsbrown Wealth Consultants LLC increased its holdings in Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after buying an additional 130 shares during the last quarter. Mcdaniel Terry & Co. boosted its position in shares of Microsoft by 6.1% during the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after acquiring an additional 18,052 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after acquiring an additional 1,489 shares during the last quarter. Campbell Wealth Management acquired a new stake in shares of Microsoft during the 3rd quarter worth about $3,314,000. Finally, Centric Wealth Management lifted its stake in Microsoft by 0.7% during the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock worth $6,789,000 after purchasing an additional 112 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Guggenheim reissued a "neutral" rating on shares of Microsoft in a report on Wednesday, April 23rd. BMO Capital Markets reduced their price target on shares of Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a research report on Wednesday, April 16th. Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Piper Sandler reduced their target price on Microsoft from $520.00 to $435.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. Finally, Wedbush dropped their price target on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Five analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $493.89.

Microsoft Trading Up 0.3 %

NASDAQ MSFT opened at $395.26 on Thursday. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The firm has a 50-day moving average price of $383.76 and a 200 day moving average price of $410.91. The stock has a market capitalization of $2.94 trillion, a P/E ratio of 31.82, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results 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 analysts' expectations of $68.54 billion. During the same period last year, the firm earned $2.94 EPS. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Equities research analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders 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 0.84%. Microsoft's dividend payout ratio (DPR) is presently 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.

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