Morningstar Investment Management LLC Has $52.06 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Morningstar Investment Management LLC grew its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 35.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,508 shares of the software giant's stock after acquiring an additional 32,237 shares during the quarter. Microsoft comprises approximately 4.1% of Morningstar Investment Management LLC's portfolio, making the stock its 7th biggest position. Morningstar Investment Management LLC's holdings in Microsoft were worth $52,059,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. WFA Asset Management Corp grew its stake in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. grew its stake 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 purchasing an additional 38 shares during the period. AMF Tjanstepension AB grew its stake in shares of Microsoft by 1.8% during the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after purchasing an additional 49,735 shares during the period. Discipline Wealth Solutions LLC grew its stake in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after purchasing an additional 2,138 shares during the period. Finally, Swedbank AB grew its stake in shares of Microsoft by 0.4% during the 3rd 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 period. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSFT has been the topic of a number of research reports. The Goldman Sachs Group lowered their price objective on shares of Microsoft from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday. DA Davidson raised shares of Microsoft from a "neutral" rating to a "buy" rating and increased their price objective for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research note on Wednesday, April 23rd. Westpark Capital initiated coverage on shares of Microsoft in a research note on Tuesday, April 1st. They issued a "hold" rating on the stock. Finally, BMO Capital Markets lowered their price objective on shares of Microsoft from $490.00 to $470.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 16th. Five analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $493.89.

Microsoft Trading Down 0.2 %

NASDAQ MSFT traded down $0.69 during mid-day trading on Monday, hitting $391.16. The company's stock had a trading volume of 16,533,069 shares, compared to its average volume of 21,150,692. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The stock's fifty day simple moving average is $384.46 and its two-hundred day simple moving average is $411.17. 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 firm has a market capitalization of $2.91 trillion, a P/E ratio of 31.49, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the company earned $2.93 EPS. Research analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed 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 is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.85%. Microsoft's dividend payout ratio is currently 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.