Kelleher Financial Advisors Buys 92 Shares of Microsoft Co. (NASDAQ:MSFT)

Kelleher Financial Advisors lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 40,321 shares of the software giant’s stock after purchasing an additional 92 shares during the period. Microsoft accounts for about 6.4% of Kelleher Financial Advisors’ portfolio, making the stock its 3rd largest position. Kelleher Financial Advisors’ holdings in Microsoft were worth $16,996,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Marino Stram & Associates LLC grew its stake in Microsoft by 0.6% in the 4th quarter. Marino Stram & Associates LLC now owns 19,297 shares of the software giant’s stock valued at $8,134,000 after acquiring an additional 114 shares during the last quarter. Park Place Capital Corp grew its stake in Microsoft by 2.7% in the 4th quarter. Park Place Capital Corp now owns 17,060 shares of the software giant’s stock valued at $7,191,000 after acquiring an additional 456 shares during the last quarter. Magnus Financial Group LLC grew its stake in Microsoft by 1.1% in the 4th quarter. Magnus Financial Group LLC now owns 29,987 shares of the software giant’s stock valued at $12,639,000 after acquiring an additional 320 shares during the last quarter. Daymark Wealth Partners LLC grew its stake in Microsoft by 0.3% in the 4th quarter. Daymark Wealth Partners LLC now owns 393,473 shares of the software giant’s stock valued at $165,849,000 after acquiring an additional 1,087 shares during the last quarter. Finally, LifeGuide Financial Advisors LLC grew its stake in Microsoft by 54.5% in the 4th quarter. LifeGuide Financial Advisors LLC now owns 1,338 shares of the software giant’s stock valued at $564,000 after acquiring an additional 472 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Down 0.9 %

NASDAQ MSFT opened at $393.31 on Monday. Microsoft Co. has a one year low of $381.00 and a one year high of $468.35. The company’s 50 day moving average price is $416.40 and its 200 day moving average price is $421.85. 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 firm has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 31.67, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate 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 period last year, the business earned $2.93 EPS. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of research reports. Loop Capital increased their price objective 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. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. UBS Group lowered their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. DA Davidson restated a “neutral” rating and issued a $425.00 target price on shares of Microsoft in a report on Thursday, January 30th. Finally, Piper Sandler restated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Four investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $509.54.

About Microsoft

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.