WR Wealth Planners LLC Has $4.36 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

WR Wealth Planners LLC reduced its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,349 shares of the software giant's stock after selling 894 shares during the period. Microsoft accounts for approximately 1.4% of WR Wealth Planners LLC's holdings, making the stock its 13th largest holding. WR Wealth Planners LLC's holdings in Microsoft were worth $4,362,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Westpark Capital restated a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. StockNews.com raised shares of Microsoft from a "hold" rating to a "buy" rating in a research report on Monday, May 5th. TD Securities increased their target price on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Raymond James boosted their price target on Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, The Goldman Sachs Group increased their price objective on Microsoft from $450.00 to $480.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $507.77.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This trade represents a 1.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT stock traded up $0.56 during midday trading on Friday, hitting $438.73. 15,313,766 shares of the company were exchanged, compared to its average volume of 21,454,441. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The firm has a market capitalization of $3.26 trillion, a P/E ratio of 35.32, a PEG ratio of 2.21 and a beta of 0.99. The firm's 50 day moving average price is $389.19 and its two-hundred day moving average price is $411.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.94 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed 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. This represents a $3.32 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 25.66%.

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.