Town & Country Bank & Trust CO dba First Bankers Trust CO Has $12.01 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 28,490 shares of the software giant’s stock after buying an additional 461 shares during the quarter. Microsoft accounts for 4.7% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its 2nd largest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Microsoft were worth $12,009,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zevin Asset Management LLC increased its holdings in shares of Microsoft by 11.8% in the 4th quarter. Zevin Asset Management LLC now owns 75,336 shares of the software giant’s stock worth $31,754,000 after buying an additional 7,967 shares during the last quarter. Verde Servicos Internacionais S.A. increased its stake in Microsoft by 61.1% in the fourth quarter. Verde Servicos Internacionais S.A. now owns 60,669 shares of the software giant’s stock valued at $25,572,000 after acquiring an additional 23,000 shares during the last quarter. Spectrum Strategic Capital Management LLC raised its position in Microsoft by 1.8% during the fourth quarter. Spectrum Strategic Capital Management LLC now owns 7,078 shares of the software giant’s stock valued at $2,983,000 after purchasing an additional 122 shares in the last quarter. Altus Wealth Management LLC lifted its stake in Microsoft by 18.7% during the fourth quarter. Altus Wealth Management LLC now owns 2,473 shares of the software giant’s stock worth $1,043,000 after purchasing an additional 390 shares during the last quarter. Finally, Greenup Street Wealth Management LLC boosted its holdings in shares of Microsoft by 37.1% in the 4th quarter. Greenup Street Wealth Management LLC now owns 15,617 shares of the software giant’s stock worth $6,583,000 after purchasing an additional 4,226 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of research reports. Morgan Stanley decreased their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Mizuho reduced 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. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Finally, UBS Group reduced their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $510.43.

Microsoft Stock Performance

Shares of MSFT opened at $387.82 on Thursday. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35. The company has a 50-day simple moving average of $410.13 and a two-hundred day simple moving average of $420.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a market capitalization of $2.88 trillion, a PE ratio of 31.23, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released 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 quarter last year, the firm earned $2.93 EPS. On average, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.86%. Microsoft’s payout ratio is 26.73%.

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.