Total Investment Management Inc. Buys 303 Shares of Microsoft Co. (NASDAQ:MSFT)

Total Investment Management Inc. grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 18.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,958 shares of the software giant’s stock after buying an additional 303 shares during the quarter. Total Investment Management Inc.’s holdings in Microsoft were worth $825,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Americana Partners LLC raised its stake in shares of Microsoft by 284.7% in the fourth quarter. Americana Partners LLC now owns 416,782 shares of the software giant’s stock worth $175,673,000 after acquiring an additional 308,429 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. increased its holdings in shares of Microsoft by 26.2% in the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 147,132 shares of the software giant’s stock valued at $62,016,000 after purchasing an additional 30,502 shares in the last quarter. Opus Capital Group LLC raised its position in Microsoft by 3.6% in the 4th quarter. Opus Capital Group LLC now owns 2,956 shares of the software giant’s stock worth $1,246,000 after purchasing an additional 104 shares during the last quarter. Philip James Wealth Mangement LLC lifted its holdings in Microsoft by 13.1% during the 4th quarter. Philip James Wealth Mangement LLC now owns 1,987 shares of the software giant’s stock worth $838,000 after buying an additional 230 shares in the last quarter. Finally, Capital Performance Advisors LLP boosted its position in Microsoft by 3.7% in the 4th quarter. Capital Performance Advisors LLP now owns 15,609 shares of the software giant’s stock valued at $6,579,000 after buying an additional 556 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus dropped their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Scotiabank began coverage on shares of Microsoft in a research note on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 target price on the stock. Morgan Stanley reduced their price objective on shares of Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a research note on Wednesday. Loop Capital increased 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. Finally, Jefferies Financial Group restated a “buy” rating and set a $475.00 price objective (down previously from $500.00) on shares of Microsoft in a report on Monday, April 7th. Five investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus target price of $499.97.

Microsoft Stock Performance

NASDAQ MSFT opened at $367.78 on Friday. 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 firm’s fifty day moving average price is $388.25 and its two-hundred day moving average price is $412.73. The firm has a market capitalization of $2.73 trillion, a P/E 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.

Microsoft (NASDAQ:MSFT) last posted its 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 previous year, the firm posted $2.93 earnings per share. As a group, research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is 26.73%.

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.