Microsoft Co. (NASDAQ:MSFT) is Heathbridge Capital Management Ltd.’s 5th Largest Position

Heathbridge Capital Management Ltd. lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,170 shares of the software giant’s stock after selling 475 shares during the quarter. Microsoft makes up about 6.2% of Heathbridge Capital Management Ltd.’s holdings, making the stock its 5th biggest position. Heathbridge Capital Management Ltd.’s holdings in Microsoft were worth $15,667,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of MSFT. Adamsbrown Wealth Consultants LLC grew its position in shares of Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock worth $2,515,000 after acquiring an additional 130 shares during the last quarter. Oak Ridge Investments LLC boosted its stake in Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. grew its position in Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares during the last quarter. Campbell Wealth Management acquired a new position in Microsoft in the third quarter valued at $3,314,000. Finally, Romano Brothers AND Company raised its holdings in shares of Microsoft by 2.3% in the third quarter. Romano Brothers AND Company now owns 42,176 shares of the software giant’s stock valued at $18,148,000 after buying an additional 962 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Down 1.0 %

Shares of NASDAQ MSFT opened at $367.78 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm’s 50-day moving average is $388.25 and its two-hundred day moving average is $412.78. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a market capitalization 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 (NASDAQ:MSFT) last released its quarterly earnings results 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the prior year, the business earned $2.93 earnings per share. Equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid 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 0.90%. Microsoft’s dividend payout ratio is currently 26.73%.

Analyst Ratings Changes

A number of research firms recently issued reports on MSFT. UBS Group lowered their price target on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Jefferies Financial Group reissued a “buy” rating and issued a $475.00 target price (down previously from $500.00) on shares of Microsoft in a report on Monday, April 7th. Wedbush decreased their price target on Microsoft from $550.00 to $475.00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Finally, Wells Fargo & Company reduced their target price on shares of Microsoft from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating and twenty-seven 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 $499.97.

Microsoft 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.