Microsoft Co. (NASDAQ:MSFT) Holdings Boosted by Parcion Private Wealth LLC

Parcion Private Wealth LLC grew its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,927 shares of the software giant's stock after purchasing an additional 989 shares during the quarter. Microsoft makes up approximately 2.3% of Parcion Private Wealth LLC's holdings, making the stock its 11th biggest holding. Parcion Private Wealth LLC's holdings in Microsoft were worth $30,317,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Flossbach Von Storch SE raised its stake in shares of Microsoft by 3.8% in the 4th quarter. Flossbach Von Storch SE now owns 3,483,360 shares of the software giant's stock valued at $1,468,236,000 after purchasing an additional 127,575 shares in the last quarter. Pacific Sun Financial Corp raised its stake in Microsoft by 1.4% during the fourth quarter. Pacific Sun Financial Corp now owns 4,371 shares of the software giant's stock worth $1,842,000 after acquiring an additional 59 shares during the period. O Brien Greene & Co. Inc raised its stake in Microsoft by 0.8% during the fourth quarter. O Brien Greene & Co. Inc now owns 21,692 shares of the software giant's stock worth $9,143,000 after acquiring an additional 180 shares during the period. Dash Acquisitions Inc. raised its stake in Microsoft by 1.7% during the fourth quarter. Dash Acquisitions Inc. now owns 86,580 shares of the software giant's stock worth $38,719,000 after acquiring an additional 1,432 shares during the period. Finally, Citizens National Bank Trust Department raised its stake in Microsoft by 0.9% during the fourth quarter. Citizens National Bank Trust Department now owns 35,065 shares of the software giant's stock worth $14,780,000 after acquiring an additional 327 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Price Performance

Microsoft stock 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. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $2.91 trillion, a P/E ratio of 31.49, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock's fifty day moving average price is $384.46 and its two-hundred day moving average price is $411.17.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period last year, the business earned $2.93 EPS. Research analysts forecast 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 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 26.73%.

Wall Street Analyst Weigh In

MSFT has been the topic of several research reports. Tigress Financial increased their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Wells Fargo & Company dropped their price objective on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Mizuho dropped their price objective on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. UBS Group dropped their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Bank of America cut their price target on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company's stock. Based on data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $493.89.

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.