Microsoft Co. (NASDAQ:MSFT) is Alexander Labrunerie & CO. Inc.’s 6th Largest Position

Alexander Labrunerie & CO. Inc. lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,074 shares of the software giant’s stock after selling 164 shares during the period. Microsoft accounts for approximately 3.9% of Alexander Labrunerie & CO. Inc.’s portfolio, making the stock its 6th biggest holding. Alexander Labrunerie & CO. Inc.’s holdings in Microsoft were worth $8,883,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter worth about $38,000. 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 worth $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management grew its stake in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in Microsoft in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC purchased a new position in shares of Microsoft during the 4th quarter worth $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on MSFT. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and upped their target price for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Westpark Capital assumed coverage on Microsoft in a report on Tuesday. They issued a “hold” rating for the company. Loop Capital increased their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Mizuho lowered their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Finally, Stifel Nicolaus cut their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Four analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $508.86.

Microsoft Stock Performance

NASDAQ:MSFT opened at $382.19 on Wednesday. Microsoft Co. has a 1-year low of $367.24 and a 1-year high of $468.35. The stock has a market cap of $2.84 trillion, a P/E ratio of 30.77, a PEG ratio of 2.21 and a beta of 0.92. 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 firm has a 50-day moving average of $403.52 and a two-hundred day moving average of $418.45.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 quarter last year, the firm posted $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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 issued a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.87%. Microsoft’s dividend payout ratio 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.