Microsoft Co. (NASDAQ:MSFT) Stake Raised by Kercheville Advisors LLC

Kercheville Advisors LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,331 shares of the software giant’s stock after purchasing an additional 1,483 shares during the period. Microsoft makes up 4.1% of Kercheville Advisors LLC’s portfolio, making the stock its 8th largest holding. Kercheville Advisors LLC’s holdings in Microsoft were worth $10,677,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC increased its stake in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management lifted its holdings in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft in the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new position in Microsoft in the 4th quarter worth about $141,000. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Down 0.0 %

NASDAQ:MSFT opened at $382.14 on Thursday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $367.24 and a twelve month high of $468.35. The company has a market cap of $2.84 trillion, a PE ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92. The company’s 50 day moving average is $402.24 and its two-hundred day moving average is $418.11.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 last year, the firm earned $2.93 EPS. Analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Ratings Changes

A number of brokerages recently issued reports on MSFT. UBS Group lowered their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Wedbush reiterated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a report on Thursday, March 20th. Jefferies Financial Group dropped their price target on Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday. Mizuho lowered their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Finally, Loop Capital raised their target price on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Four analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $508.86.

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.