KG&L Capital Management LLC Acquires 3,258 Shares of Microsoft Co. (NASDAQ:MSFT)

KG&L Capital Management LLC grew its stake in Microsoft Co. (NASDAQ:MSFT) by 15.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,142 shares of the software giant’s stock after buying an additional 3,258 shares during the period. Microsoft makes up approximately 3.3% of KG&L Capital Management LLC’s holdings, making the stock its 7th biggest position. KG&L Capital Management LLC’s holdings in Microsoft were worth $10,174,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MSFT. BCK Partners Inc. grew its stake in shares of Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares in the last quarter. Christopher J. Hasenberg Inc raised its position in Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares in the last quarter. Sequent Asset Management LLC lifted its stake in Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after acquiring an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC grew its position in shares of Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after acquiring an additional 25 shares during the period. Finally, Riverstone Advisors LLC increased its stake in shares of Microsoft by 0.6% during the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Microsoft stock opened at $389.97 on Thursday. 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 $2.90 trillion, a P/E ratio of 31.40, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company’s 50-day moving average is $407.20 and its 200 day moving average is $419.45.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 period in the prior year, the company posted $2.93 EPS. Research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Wedbush reaffirmed an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Thursday, March 20th. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Finally, Tigress Financial lifted their target price on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Three analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $510.59.

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.