Pine Valley Investments Ltd Liability Co Purchases 7,919 Shares of Microsoft Co. (NASDAQ:MSFT)

Pine Valley Investments Ltd Liability Co raised its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 9.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,727 shares of the software giant's stock after buying an additional 7,919 shares during the quarter. Microsoft comprises approximately 2.3% of Pine Valley Investments Ltd Liability Co's holdings, making the stock its 3rd largest position. Pine Valley Investments Ltd Liability Co's holdings in Microsoft were worth $38,241,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. WFA Asset Management Corp boosted its holdings 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 valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. lifted its position in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after buying an additional 38 shares in the last quarter. AMF Tjanstepension AB boosted its stake in Microsoft by 1.8% during the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock valued at $1,204,664,000 after buying an additional 49,735 shares during the last quarter. Discipline Wealth Solutions LLC grew its holdings in Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after buying an additional 2,138 shares in the last quarter. Finally, Swedbank AB increased its stake in Microsoft by 0.4% in the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after acquiring an additional 49,288 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 2.4 %

NASDAQ MSFT traded up $10.02 during midday trading on Friday, hitting $435.42. 21,028,654 shares of the company traded hands, compared to its average volume of 21,310,666. 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 company has a market cap of $3.24 trillion, a PE ratio of 35.05, 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's 50-day simple moving average is $384.18 and its 200-day simple moving average is $411.01.

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

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Morgan Stanley boosted their price target on shares of Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a research report on Thursday. Wedbush upped their price objective on Microsoft from $475.00 to $515.00 and gave the company an "outperform" rating in a research report on Thursday. Needham & Company LLC reissued a "buy" rating on shares of Microsoft in a research report on Thursday. BMO Capital Markets lifted their price objective on shares of Microsoft from $470.00 to $485.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Jefferies Financial Group lifted their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research note on Thursday. Six analysts have rated the stock with a hold rating and thirty have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $507.77.

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.