Tull Financial Group Inc. Purchases New Holdings in Microsoft Co. (NASDAQ:MSFT)

Tull Financial Group Inc. acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,612 shares of the software giant's stock, valued at approximately $679,000. Microsoft makes up 0.4% of Tull Financial Group Inc.'s holdings, making the stock its 15th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in MSFT. Adamsbrown Wealth Consultants LLC boosted its holdings in shares of Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after purchasing an additional 130 shares during the last quarter. Mcdaniel Terry & Co. lifted its position in Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after buying an additional 18,052 shares in the last quarter. Campbell Wealth Management acquired a new position in Microsoft during the third quarter worth $3,314,000. Centric Wealth Management grew its holdings in Microsoft by 0.7% in the 3rd quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after buying an additional 112 shares in the last quarter. Finally, 1900 Wealth Management LLC increased its stake in shares of Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after acquiring an additional 294 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $425.40 on Friday. Microsoft Co. has a 12 month low of $344.79 and a 12 month 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 has a market capitalization of $3.16 trillion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The business's fifty day moving average price is $384.18 and its 200 day moving average price is $411.01.

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

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.

Analyst Ratings Changes

A number of brokerages recently issued reports on MSFT. Morgan Stanley upped their price objective on shares of Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a report on Thursday. Westpark Capital reissued a "hold" rating on shares of Microsoft in a research note on Thursday. Mizuho lifted their price target on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday. Bank of America lowered their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, Needham & Company LLC restated a "buy" rating on shares of Microsoft in a research report on Thursday. Six investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $507.77.

About Microsoft

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.

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