Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Armor Investment Advisors LLC

Armor Investment Advisors LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,227 shares of the software giant’s stock after acquiring an additional 343 shares during the quarter. Microsoft makes up about 0.9% of Armor Investment Advisors LLC’s holdings, making the stock its 28th largest holding. Armor Investment Advisors LLC’s holdings in Microsoft were worth $2,203,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. WFA Asset Management Corp increased its holdings in Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its stake in Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after acquiring an additional 38 shares during the last quarter. AMF Tjanstepension AB raised its stake in shares of Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after acquiring an additional 49,735 shares during the period. Discipline Wealth Solutions LLC raised its holdings in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after buying an additional 2,138 shares during the period. Finally, Swedbank AB increased its stake in Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after buying an additional 49,288 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MSFT shares. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Mizuho cut their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Morgan Stanley reduced their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Wedbush decreased their target price on Microsoft from $550.00 to $475.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Loop Capital boosted their target price on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $505.41.

Microsoft Trading Down 2.3 %

Shares of MSFT stock opened at $381.35 on Friday. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The stock has a market cap of $2.83 trillion, a price-to-earnings ratio of 30.70, a P/E/G ratio of 2.21 and a beta of 1.00. The firm has a fifty day moving average of $392.37 and a 200-day moving average of $414.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 in the previous year, the business posted $2.93 earnings per share. On average, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

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.