Microsoft Co. (NASDAQ:MSFT) is West Branch Capital LLC’s 3rd Largest Position

West Branch Capital LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,356 shares of the software giant’s stock after purchasing an additional 947 shares during the period. Microsoft comprises about 7.3% of West Branch Capital LLC’s holdings, making the stock its 3rd biggest holding. West Branch Capital LLC’s holdings in Microsoft were worth $22,911,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Christopher J. Hasenberg Inc lifted its holdings in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares during the last quarter. IFS Advisors LLC lifted its stake in 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 in the last quarter. Quarry LP purchased a new stake in Microsoft in the 2nd quarter worth about $45,000. Avondale Wealth Management lifted 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 in the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new stake in Microsoft in the 3rd quarter worth about $62,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. UBS Group reduced their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Wedbush reissued an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Finally, Morgan Stanley dropped their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $393.31 on Monday. Microsoft Co. has a 1-year low of $381.00 and a 1-year high of $468.35. The firm has a market capitalization of $2.92 trillion, a PE ratio of 31.67, a PEG ratio of 2.21 and a beta of 0.92. The business’s 50 day moving average is $416.40 and its 200-day moving average is $421.85. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter last year, the firm posted $2.93 EPS. Sell-side analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

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.