Microsoft Co. (NASDAQ:MSFT) is 1834 Investment Advisors Co.’s 7th Largest Position

1834 Investment Advisors Co. cut its stake in Microsoft Co. (NASDAQ:MSFT) by 4.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,403 shares of the software giant’s stock after selling 2,373 shares during the period. Microsoft comprises approximately 3.0% of 1834 Investment Advisors Co.’s portfolio, making the stock its 7th largest position. 1834 Investment Advisors Co.’s holdings in Microsoft were worth $23,774,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Christopher J. Hasenberg Inc boosted its position in Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after buying an additional 25 shares during the period. IFS Advisors LLC boosted its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management boosted its holdings in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the third quarter worth about $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft during the fourth quarter worth about $141,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $388.56 on Monday. The company has a 50 day simple moving average of $412.43 and a two-hundred day simple moving average of $420.64. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a market capitalization of $2.89 trillion, a price-to-earnings ratio of 31.29, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly 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 business earned $2.93 EPS. Analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued 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 payout ratio is 26.73%.

Analyst Ratings Changes

A number of analysts have recently weighed in on MSFT shares. DA Davidson upgraded shares of Microsoft from a “neutral” rating to a “buy” rating and increased their target price for the stock from $425.00 to $450.00 in a report on Thursday. Piper Sandler reiterated an “overweight” rating and set a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Morgan Stanley dropped their target price 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. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Finally, Wedbush reiterated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Three analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock 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.