Microsoft Co. (NASDAQ:MSFT) Shares Bought by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,110 shares of the software giant's stock after buying an additional 972 shares during the quarter. Microsoft makes up about 3.2% of Game Plan Financial Advisors LLC's holdings, making the stock its 7th biggest position. Game Plan Financial Advisors LLC's holdings in Microsoft were worth $6,809,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. WFA Asset Management Corp lifted its position in Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after buying an additional 216 shares during the period. Ironwood Wealth Management LLC. lifted its holdings in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after acquiring an additional 38 shares during the period. AMF Tjanstepension AB boosted its position in shares of Microsoft by 1.8% in the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after acquiring an additional 49,735 shares during the last quarter. Discipline Wealth Solutions LLC grew its holdings in Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after purchasing an additional 2,138 shares during the period. Finally, Swedbank AB increased its position in Microsoft by 0.4% during the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after purchasing an additional 49,288 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Analyst Ratings Changes

MSFT has been the topic of a number of research analyst reports. StockNews.com lowered shares of Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Royal Bank of Canada reissued an "outperform" rating and set a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Guggenheim restated a "neutral" rating on shares of Microsoft in a report on Friday, January 24th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. Finally, Loop Capital increased their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, December 23rd. Five investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. Based on data from MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and a consensus target price of $497.63.

Microsoft Stock Up 2.1 %

NASDAQ MSFT traded up $7.70 on Tuesday, hitting $366.82. 19,399,234 shares of the stock traded hands, compared to its average volume of 21,241,502. The stock has a 50-day moving average of $386.38 and a 200 day moving average of $411.95. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The company has a market capitalization of $2.73 trillion, a P/E ratio of 29.53, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last released 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 last year, the company posted $2.93 earnings per share. As a group, analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal 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 $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.91%. Microsoft's dividend payout ratio is presently 26.73%.

Microsoft Company 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.