Fairvoy Private Wealth LLC Invests $7.80 Million in Microsoft Co. (NASDAQ:MSFT)

Fairvoy Private Wealth LLC acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 18,501 shares of the software giant’s stock, valued at approximately $7,798,000. Microsoft accounts for approximately 2.1% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 13th biggest holding.

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on MSFT. Cantor Fitzgerald reissued an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Scotiabank assumed coverage on shares of Microsoft in a research note on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price target for the company. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Stifel Nicolaus dropped their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday, March 7th. Finally, Morgan Stanley reduced their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $508.86.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $359.84 on Friday. 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 company has a 50-day moving average price of $399.08 and a 200-day moving average price of $417.40. The company has a market cap of $2.68 trillion, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 12 month low of $359.48 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 quarter in the prior year, the firm posted $2.93 EPS. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current 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. This represents a $3.32 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 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.