Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Fogel Capital Management Inc.

Fogel Capital Management Inc. raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 71,147 shares of the software giant’s stock after acquiring an additional 329 shares during the quarter. Microsoft makes up about 15.1% of Fogel Capital Management Inc.’s holdings, making the stock its largest holding. Fogel Capital Management Inc.’s holdings in Microsoft were worth $29,989,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Fiduciary Advisors Inc. acquired a new stake in Microsoft in the 4th quarter worth approximately $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% in 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 during the last quarter. Avondale Wealth Management lifted its stake in shares of 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 period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the third quarter valued at $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft in the 4th quarter valued at $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $382.19 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $403.52 and a 200 day moving average price of $418.45. Microsoft Co. has a 12-month low of $367.24 and a 12-month 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.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 in the prior year, the company posted $2.93 earnings per share. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

Several research firms have weighed in on MSFT. Loop Capital boosted their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Jefferies Financial Group dropped their target price on Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday. Morgan Stanley decreased their price objective 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. DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Finally, Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

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.