Quotient Wealth Partners LLC Cuts Position in Microsoft Co. (NASDAQ:MSFT)

Quotient Wealth Partners LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,176 shares of the software giant’s stock after selling 295 shares during the quarter. Microsoft accounts for approximately 0.5% of Quotient Wealth Partners LLC’s holdings, making the stock its 27th largest holding. Quotient Wealth Partners LLC’s holdings in Microsoft were worth $13,984,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft in the 4th quarter valued at approximately $38,000. IFS Advisors LLC boosted its position in 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 purchasing an additional 35 shares during the period. Avondale Wealth Management lifted its position in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft during the third quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft during the fourth quarter valued at about $141,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MSFT shares. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Loop Capital lifted their target price on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Westpark Capital began coverage on shares of Microsoft in a research report on Tuesday, April 1st. They issued a “hold” rating for the company. Stifel Nicolaus dropped their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Finally, Wedbush reiterated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. Four equities research 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $508.00.

Microsoft Stock Performance

Shares of MSFT stock opened at $357.86 on Tuesday. 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 stock has a market capitalization of $2.66 trillion, a PE ratio of 28.81, a PEG ratio of 2.21 and a beta of 1.00. The business’s 50 day simple moving average is $397.55 and its 200 day simple moving average is $416.67. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last released its 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the firm posted $2.93 EPS. As a group, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.93%. Microsoft’s dividend payout ratio (DPR) is presently 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.