VanderPol Investments L.L.C. Purchases 130 Shares of Microsoft Co. (NASDAQ:MSFT)

VanderPol Investments L.L.C. increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 7.8% during the fourth quarter, HoldingsChannel reports. The fund owned 1,793 shares of the software giant’s stock after acquiring an additional 130 shares during the quarter. Microsoft makes up about 1.7% of VanderPol Investments L.L.C.’s portfolio, making the stock its 13th biggest holding. VanderPol Investments L.L.C.’s holdings in Microsoft were worth $756,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. WFA Asset Management Corp boosted its stake in Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after buying an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its stake in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares in the last quarter. AMF Tjanstepension AB boosted its stake in shares of 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 in the last quarter. Hoffman Alan N Investment Management boosted its stake in shares of Microsoft by 0.3% in the 3rd quarter. Hoffman Alan N Investment Management now owns 77,217 shares of the software giant’s stock valued at $33,226,000 after purchasing an additional 217 shares in the last quarter. Finally, SignalPoint Asset Management LLC raised its holdings in shares of Microsoft by 398.0% in the third quarter. SignalPoint Asset Management LLC now owns 71,438 shares of the software giant’s stock valued at $30,577,000 after buying an additional 57,093 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. UBS Group cut 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. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Loop Capital boosted their price objective on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Finally, Scotiabank initiated coverage on Microsoft in a research report on Thursday. They issued a “sector outperform” rating and a $470.00 price objective for the company. Three analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $510.59.

Microsoft Stock Up 1.1 %

MSFT opened at $391.26 on Friday. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The stock’s fifty day simple moving average is $408.82 and its 200 day simple moving average is $419.65. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.91 trillion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results 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 return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the firm posted $2.93 EPS. As a group, research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

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.