Apollon Financial LLC Has $14.73 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Apollon Financial LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,946 shares of the software giant’s stock after purchasing an additional 1,560 shares during the quarter. Microsoft accounts for about 3.6% of Apollon Financial LLC’s holdings, making the stock its 5th largest position. Apollon Financial LLC’s holdings in Microsoft were worth $14,730,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. BCK Partners Inc. raised its position in shares of Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares during the period. Muirfield Wealth Advisors LLC boosted its holdings in Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after buying an additional 24 shares during the period. Sequent Asset Management LLC increased its stake in Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after buying an additional 25 shares in the last quarter. Cypress Point Wealth Management LLC raised its holdings in Microsoft by 0.8% during the third 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 raised its holdings in Microsoft by 0.6% during the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock valued at $1,941,000 after acquiring an additional 25 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $359.84 on Monday. 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 $2.68 trillion, a PE ratio of 28.97, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 1-year low of $359.48 and a 1-year high of $468.35. The business’s fifty day moving average price is $399.08 and its two-hundred day moving average price is $417.18.

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, topping 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 last year, the firm posted $2.93 earnings per share. On average, research 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. Investors of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MSFT. UBS Group lowered their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Scotiabank began 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. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and increased their price objective for the company from $425.00 to $450.00 in a report on Thursday, March 13th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Stifel Nicolaus dropped their price target on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned 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 $508.86.

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.