LifeGuide Financial Advisors LLC Acquires 472 Shares of Microsoft Co. (NASDAQ:MSFT)

LifeGuide Financial Advisors LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 54.5% in the fourth quarter, Holdings Channel reports. The firm owned 1,338 shares of the software giant’s stock after purchasing an additional 472 shares during the quarter. Microsoft comprises about 0.2% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 27th biggest holding. LifeGuide Financial Advisors LLC’s holdings in Microsoft were worth $564,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Net Worth Advisory Group bought a new position in Microsoft during the third quarter worth about $2,645,000. Oak Ridge Investments LLC raised its stake 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 acquiring an additional 18,544 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in shares of Microsoft by 1.6% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock valued at $882,816,000 after acquiring an additional 31,401 shares during the last quarter. Jacobs & Co. CA raised its stake in shares of Microsoft by 0.9% in the third quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock valued at $41,318,000 after acquiring an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. raised 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 valued at $32,830,000 after acquiring an additional 1,489 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MSFT shares. Wedbush reiterated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Morgan Stanley cut their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. UBS Group cut their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Finally, Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Four investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $509.54.

Microsoft Price Performance

Shares of MSFT stock opened at $393.31 on Monday. Microsoft Co. has a 12-month low of $381.00 and a 12-month high of $468.35. The firm has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 31.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. 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 firm has a fifty day moving average of $416.40 and a 200-day moving average of $421.85.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data 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 in the previous year, the company posted $2.93 EPS. On average, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

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.