Marshall Financial Group LLC Purchases 355 Shares of Microsoft Co. (NASDAQ:MSFT)

Marshall Financial Group LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 3.2% during the 4th quarter, HoldingsChannel reports. The firm owned 11,622 shares of the software giant’s stock after buying an additional 355 shares during the period. Microsoft comprises about 1.2% of Marshall Financial Group LLC’s investment portfolio, making the stock its 17th biggest position. Marshall Financial Group LLC’s holdings in Microsoft were worth $4,899,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Christopher J. Hasenberg Inc raised its holdings in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares in the last quarter. IFS Advisors LLC raised its stake in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management lifted its position in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in Microsoft in the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new position in shares of Microsoft in the 4th quarter worth $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 2.6 %

MSFT opened at $388.56 on Friday. The stock has a market cap of $2.89 trillion, a PE ratio of 31.29, a PEG ratio of 2.21 and a beta of 0.92. The business has a 50 day moving average of $412.43 and a 200-day moving average of $420.59. Microsoft Co. has a 52 week low of $376.91 and a 52 week high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the firm posted $2.93 EPS. Equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is 26.73%.

Analyst Ratings Changes

Several research analysts recently issued reports on MSFT shares. Piper Sandler reiterated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Wedbush restated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Finally, Morgan Stanley lowered their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.43.

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.