Microsoft Co. (NASDAQ:MSFT) Holdings Increased by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 3.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,865 shares of the software giant’s stock after purchasing an additional 1,452 shares during the quarter. Microsoft makes up approximately 3.7% of SeaBridge Investment Advisors LLC’s investment portfolio, making the stock its 3rd largest position. SeaBridge Investment Advisors LLC’s holdings in Microsoft were worth $17,646,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Blossom Wealth Management raised its holdings in shares of Microsoft by 3.3% in the fourth quarter. Blossom Wealth Management now owns 4,513 shares of the software giant’s stock valued at $1,902,000 after acquiring an additional 146 shares in the last quarter. ODonnell Financial Services LLC increased its position in Microsoft by 1.9% during the 4th quarter. ODonnell Financial Services LLC now owns 2,846 shares of the software giant’s stock valued at $1,157,000 after purchasing an additional 53 shares during the period. KG&L Capital Management LLC raised its holdings in shares of Microsoft by 15.6% in the 4th quarter. KG&L Capital Management LLC now owns 24,142 shares of the software giant’s stock valued at $10,174,000 after purchasing an additional 3,258 shares in the last quarter. Dohj LLC lifted its position in shares of Microsoft by 6.5% in the 4th quarter. Dohj LLC now owns 16,687 shares of the software giant’s stock worth $7,034,000 after purchasing an additional 1,019 shares during the period. Finally, AJ Advisors LLC boosted its stake in shares of Microsoft by 1.7% during the fourth quarter. AJ Advisors LLC now owns 2,698 shares of the software giant’s stock valued at $1,137,000 after purchasing an additional 45 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Wedbush reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research report on Thursday, March 20th. Morgan Stanley reduced their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Scotiabank assumed coverage on shares of Microsoft in a report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price target on the stock. Finally, Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Three analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $510.59.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $389.97 on Thursday. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35. The stock has a market cap of $2.90 trillion, a P/E ratio of 31.40, a P/E/G ratio of 2.21 and a beta of 0.92. The firm’s 50-day simple moving average is $407.20 and its 200 day simple moving average is $419.45. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter in the previous year, the business earned $2.93 earnings per share. Equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm 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 $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.85%. Microsoft’s dividend 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.