Advyzon Investment Management LLC Invests $3.39 Million in Microsoft Co. (NASDAQ:MSFT)

Advyzon Investment Management LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 8,034 shares of the software giant’s stock, valued at approximately $3,386,000. Microsoft comprises 1.3% of Advyzon Investment Management LLC’s holdings, making the stock its 14th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. WFA Asset Management Corp grew its stake in shares of Microsoft by 27.0% in the first 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. raised its stake in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. AMF Tjanstepension AB boosted its holdings in 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 purchasing an additional 49,735 shares during the period. Discipline Wealth Solutions LLC grew its position 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 worth $1,144,000 after purchasing an additional 2,138 shares in the last quarter. Finally, Swedbank AB increased its holdings in shares of Microsoft by 0.4% during the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after purchasing an additional 49,288 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $374.58 on Thursday. The firm has a market cap of $2.78 trillion, a PE ratio of 30.16, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The firm’s fifty day moving average is $385.70 and its 200-day moving average is $411.70. 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 announced its earnings results 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 quarter in the prior year, the firm posted $2.93 EPS. Sell-side analysts predict that Microsoft Co. will post 13.08 earnings per share for the current 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 issued 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 yield of 0.89%. Microsoft’s payout ratio is 26.73%.

Analyst Ratings Changes

MSFT has been the subject of several recent research reports. UBS Group cut their price target on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Scotiabank assumed coverage on Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price for the company. Morgan Stanley decreased their price target on Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Barclays cut their price objective on shares of Microsoft from $475.00 to $430.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Mizuho decreased their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Five analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $494.80.

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.