Microsoft Co. (NASDAQ:MSFT) is Trifecta Capital Advisors LLC’s 4th Largest Position

Trifecta Capital Advisors LLC increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,677 shares of the software giant’s stock after buying an additional 1,477 shares during the period. Microsoft comprises about 5.1% of Trifecta Capital Advisors LLC’s holdings, making the stock its 4th largest position. Trifecta Capital Advisors LLC’s holdings in Microsoft were worth $25,576,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Adamsbrown Wealth Consultants LLC increased its stake in shares of Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock worth $2,515,000 after purchasing an additional 130 shares in the last quarter. Mcdaniel Terry & Co. grew its holdings in Microsoft by 6.1% during the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock valued at $133,023,000 after buying an additional 18,052 shares during the last quarter. Focus Financial Network Inc. increased its position in Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after buying an additional 1,489 shares in the last quarter. Campbell Wealth Management purchased a new stake in shares of Microsoft in the third quarter valued at $3,314,000. Finally, Centric Wealth Management boosted its stake in shares of Microsoft by 0.7% during the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant’s stock valued at $6,789,000 after acquiring an additional 112 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Stifel Nicolaus cut their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Jefferies Financial Group reissued a “buy” rating and set a $475.00 price objective (down previously from $500.00) on shares of Microsoft in a research note on Monday, April 7th. Bank of America lowered their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Finally, KeyCorp reissued a “sector weight” rating on shares of Microsoft in a research note on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $493.89.

Microsoft Trading Up 0.3 %

Shares of NASDAQ:MSFT opened at $395.26 on Thursday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company’s 50-day moving average price is $383.76 and its 200 day moving average price is $410.91. The company has a market cap of $2.94 trillion, a PE ratio of 31.82, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. During the same quarter in the previous year, the company posted $2.94 earnings per share. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 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.