Microsoft Co. (NASDAQ:MSFT) is Nvwm LLC’s 3rd Largest Position

Nvwm LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,014 shares of the software giant’s stock after purchasing an additional 228 shares during the quarter. Microsoft makes up about 4.0% of Nvwm LLC’s holdings, making the stock its 3rd biggest holding. Nvwm LLC’s holdings in Microsoft were worth $16,023,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. purchased a new stake in Microsoft in the fourth quarter worth $38,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management grew its position in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft during the 4th quarter valued at about $141,000. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

NASDAQ:MSFT opened at $382.19 on Wednesday. The business’s 50-day moving average is $403.52 and its 200 day moving average is $418.45. Microsoft Co. has a 12 month low of $367.24 and a 12 month high of $468.35. The company has a market capitalization of $2.84 trillion, a P/E ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 in the previous year, the business posted $2.93 EPS. On average, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed 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. 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 0.87%. Microsoft’s payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of recent research reports. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Wedbush restated an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a research note on Thursday, March 20th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

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.