Roxbury Financial LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

Roxbury Financial LLC bought a new position in Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 13,930 shares of the software giant’s stock, valued at approximately $5,899,000. Microsoft comprises approximately 5.7% of Roxbury Financial LLC’s portfolio, making the stock its biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft in the 4th quarter worth about $38,000. IFS Advisors LLC increased its stake in Microsoft by 53.8% during 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 in the last quarter. Avondale Wealth Management raised its holdings in Microsoft by 144.4% in 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. bought a new position in shares of Microsoft in the third quarter worth approximately $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $367.78 on Friday. The stock has a market cap of $2.73 trillion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The firm has a fifty day moving average price of $389.13 and a 200-day moving average price of $413.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last issued 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 return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the firm posted $2.93 earnings per share. Equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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 issued a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.90%. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MSFT shares. Westpark Capital initiated coverage on shares of Microsoft in a report on Tuesday, April 1st. They issued a “hold” rating for the company. Mizuho decreased their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Morgan Stanley lowered their price target on Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a report on Wednesday. Bank of America reduced their price objective on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Wells Fargo & Company lowered their target price on shares of Microsoft from $515.00 to $500.00 and set an “overweight” rating on the stock in a research note on Monday. Five equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $499.97.

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.