Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Curran Financial Partners LLC

Curran Financial Partners LLC increased its position in Microsoft Co. (NASDAQ:MSFT) by 13.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,456 shares of the software giant’s stock after purchasing an additional 522 shares during the period. Curran Financial Partners LLC’s holdings in Microsoft were worth $1,878,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc boosted 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 buying an additional 25 shares during the period. IFS Advisors LLC lifted its holdings in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management boosted its stake in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft during the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $141,000. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on MSFT. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $425.00 to $450.00 in a research report on Thursday, March 13th. Mizuho dropped their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Morgan Stanley cut their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.43.

Microsoft Trading Up 0.0 %

NASDAQ:MSFT opened at $388.70 on Tuesday. 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 stock has a market cap of $2.89 trillion, a PE ratio of 31.30, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The stock’s 50-day moving average is $411.64 and its two-hundred day moving average is $420.49. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 prior year, the company earned $2.93 EPS. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

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.