POM Investment Strategies LLC Has $1.24 Million Stake in Microsoft Co. (NASDAQ:MSFT)

POM Investment Strategies LLC trimmed its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 6.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,946 shares of the software giant’s stock after selling 188 shares during the quarter. Microsoft accounts for approximately 0.9% of POM Investment Strategies LLC’s investment portfolio, making the stock its 17th biggest holding. POM Investment Strategies LLC’s holdings in Microsoft were worth $1,242,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fiduciary Advisors Inc. acquired a new position in Microsoft during the 4th quarter valued at about $38,000. IFS Advisors LLC grew its stake in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management increased its holdings 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. purchased a new stake in shares of Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC purchased a new stake in Microsoft in the fourth quarter worth $141,000. 71.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Tigress Financial upped their target price on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Mizuho lowered their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Westpark Capital started coverage on Microsoft in a report on Tuesday, April 1st. They set a “hold” rating on the stock. Finally, UBS Group lowered their price target 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. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $505.41.

Microsoft Trading Down 2.3 %

Shares of NASDAQ:MSFT 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 capitalization of $2.83 trillion, a price-to-earnings ratio of 30.70, a PEG ratio of 2.21 and a beta of 1.00. 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 stock’s 50-day simple moving average is $392.37 and its two-hundred day simple moving average is $414.81.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS 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 period last year, the business posted $2.93 earnings per share. Analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. Microsoft’s payout ratio 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.