11,500 Shares in Microsoft Co. (NASDAQ:MSFT) Purchased by RV Capital AG

RV Capital AG purchased a new position in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, Holdings Channel.com reports. The firm purchased 11,500 shares of the software giant’s stock, valued at approximately $4,847,000. Microsoft accounts for approximately 1.0% of RV Capital AG’s portfolio, making the stock its 9th largest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Microsoft by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after buying an additional 652,493 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after buying an additional 38,422,466 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Microsoft by 1.1% during the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after buying an additional 406,940 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $388.56 on Monday. The business’s fifty day moving average price is $412.43 and its two-hundred day moving average price is $420.64. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35. The stock has a market capitalization of $2.89 trillion, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the business earned $2.93 EPS. As a group, analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed 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 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

MSFT has been the subject of several research reports. Loop Capital lifted their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $425.00 to $450.00 in a research report on Thursday. Finally, UBS Group dropped their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average target price 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.