4J Wealth Management LLC Sells 144 Shares of Microsoft Co. (NASDAQ:MSFT)

4J Wealth Management LLC cut its position in Microsoft Co. (NASDAQ:MSFT) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,482 shares of the software giant’s stock after selling 144 shares during the quarter. Microsoft makes up approximately 1.5% of 4J Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. 4J Wealth Management LLC’s holdings in Microsoft were worth $1,889,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. BCK Partners Inc. boosted its holdings in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after acquiring an additional 24 shares during the last quarter. Christopher J. Hasenberg Inc grew its holdings 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 purchasing an additional 25 shares during the period. Sequent Asset Management LLC grew its holdings in shares of Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after buying an additional 25 shares during the period. Cypress Point Wealth Management LLC increased its holdings in shares of Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after acquiring an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC increased its stake in Microsoft by 0.6% during the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MSFT. Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Loop Capital increased their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. UBS Group reduced their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Finally, Wedbush restated an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a research note on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $510.59.

Microsoft Stock Up 0.5 %

Shares of MSFT opened at $395.16 on Wednesday. The stock has a market capitalization of $2.94 trillion, a price-to-earnings ratio of 31.82, a PEG ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 52 week low of $376.91 and a 52 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 stock has a fifty day moving average of $407.93 and a 200-day moving average of $419.53.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 last year, the business posted $2.93 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.

Microsoft 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.