Microsoft Co. (NASDAQ:MSFT) is Tcfg Wealth Management LLC's 5th Largest Position

Tcfg Wealth Management LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 9.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,106 shares of the software giant's stock after selling 1,109 shares during the quarter. Microsoft accounts for approximately 2.4% of Tcfg Wealth Management LLC's portfolio, making the stock its 5th largest holding. Tcfg Wealth Management LLC's holdings in Microsoft were worth $4,681,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. purchased a new position in Microsoft in the fourth quarter valued at $38,000. IFS Advisors LLC boosted its stake in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management grew its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft in the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC acquired a new position in Microsoft in the 4th quarter worth about $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Guggenheim reissued a "neutral" rating on shares of Microsoft in a report on Friday, January 24th. Wedbush decreased their price objective on shares of Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a report on Thursday, April 10th. Morgan Stanley dropped their target price on shares of Microsoft from $530.00 to $472.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, 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. Five research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $497.63.

Microsoft Trading Up 2.1 %

Shares of MSFT stock traded up $7.70 during trading on Tuesday, hitting $366.82. 19,399,234 shares of the stock traded hands, compared to its average volume of 21,241,502. The firm 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. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. 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's fifty day moving average price is $386.38 and its 200-day moving average price is $411.95.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate 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 period last year, the firm posted $2.93 EPS. As a group, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.91%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 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.