Clear Creek Financial Management LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Clear Creek Financial Management LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,316 shares of the software giant’s stock after purchasing an additional 843 shares during the period. Microsoft makes up 1.3% of Clear Creek Financial Management LLC’s portfolio, making the stock its 14th biggest holding. Clear Creek Financial Management LLC’s holdings in Microsoft were worth $11,935,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. purchased a new position in Microsoft in the 4th quarter worth about $38,000. Christopher J. Hasenberg Inc grew its stake 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 worth $39,000 after buying an additional 25 shares in the last quarter. IFS Advisors LLC lifted its holdings in shares of Microsoft by 53.8% in the 4th 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 lifted its position 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 last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter valued at $62,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $395.16 on Wednesday. The business has a fifty day moving average of $407.93 and a 200 day moving average of $419.53. The firm has a market capitalization of $2.94 trillion, a P/E ratio of 31.82, a PEG ratio of 2.21 and a beta of 0.92. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35. 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 released its earnings results 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the previous year, the business posted $2.93 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MSFT. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Stifel Nicolaus dropped their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Piper Sandler reissued an “overweight” rating and set a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Finally, Wedbush restated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research report 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.59.

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.