Microsoft Co. (NASDAQ:MSFT) Stake Raised by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,856 shares of the software giant’s stock after acquiring an additional 238 shares during the period. Microsoft comprises 4.0% of Jamison Private Wealth Management Inc.’s holdings, making the stock its 2nd largest position. Jamison Private Wealth Management Inc.’s holdings in Microsoft were worth $27,337,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Christopher J. Hasenberg Inc lifted its holdings in Microsoft by 35.7% in the 3rd 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 in the last quarter. IFS Advisors LLC lifted 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 buying an additional 35 shares in the last quarter. Avondale Wealth Management boosted its stake in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft during the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the fourth quarter worth approximately $141,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $388.56 on Friday. 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 cap of $2.89 trillion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The business has a fifty day moving average of $412.43 and a 200-day moving average of $420.59. Microsoft Co. has a twelve month low of $376.91 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT) last released 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the business posted $2.93 EPS. On average, equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid 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 (DPR) is currently 26.73%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a research report on Tuesday, November 19th. UBS Group lowered their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $425.00 to $450.00 in a report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Finally, StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.43.

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.