Financial Futures Ltd Liability Co. Has $559,000 Stake in Microsoft Co. (NASDAQ:MSFT)

Financial Futures Ltd Liability Co. reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,326 shares of the software giant’s stock after selling 83 shares during the period. Financial Futures Ltd Liability Co.’s holdings in Microsoft were worth $559,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Net Worth Advisory Group acquired a new position in Microsoft during the 3rd quarter worth $2,645,000. Oak Ridge Investments LLC grew its position in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the last quarter. Focus Financial Network Inc. increased its stake in shares of Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares during the period. Campbell Wealth Management acquired a new position in shares of Microsoft during the 3rd quarter worth about $3,314,000. Finally, Evernest Financial Advisors LLC boosted its stake in Microsoft by 389.2% during the 3rd quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant’s stock valued at $23,137,000 after purchasing an additional 42,778 shares during the period. Institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Mizuho dropped their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Scotiabank assumed coverage on shares of Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price objective on the stock. Finally, Stifel Nicolaus cut their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Three analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $510.59.

Microsoft Price Performance

MSFT opened at $390.58 on Friday. The stock has a market cap of $2.90 trillion, a P/E ratio of 31.45, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $376.91 and a 12 month high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $406.52 and a 200 day simple moving average of $419.25.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio is currently 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.