William Allan Corp Acquires 150 Shares of Microsoft Co. (NASDAQ:MSFT)

William Allan Corp lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,177 shares of the software giant’s stock after buying an additional 150 shares during the quarter. Microsoft makes up approximately 3.4% of William Allan Corp’s investment portfolio, making the stock its 10th largest position. William Allan Corp’s holdings in Microsoft were worth $5,554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Net Worth Advisory Group acquired a new stake in shares of Microsoft in the 3rd quarter worth $2,645,000. Adamsbrown Wealth Consultants LLC raised its holdings in 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 purchasing an additional 130 shares in the last quarter. Oak Ridge Investments LLC lifted its position in Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. boosted its holdings in Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after purchasing an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management acquired a new position in Microsoft during the 3rd quarter worth approximately $3,314,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $359.84 on Friday. Microsoft Co. has a 1-year low of $359.48 and a 1-year high of $468.35. The firm has a 50 day simple moving average of $399.08 and a 200-day simple moving average of $417.40. The firm has a market cap of $2.68 trillion, a PE ratio of 28.97, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 period in the prior year, the firm posted $2.93 earnings per share. On average, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm 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 $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MSFT. UBS Group decreased their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Tigress Financial raised their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. Westpark Capital initiated coverage on shares of Microsoft in a research report on Tuesday. They set a “hold” rating on the stock. Finally, Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. Based on data from MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average price target of $508.86.

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.