Park Capital Management LLC WI Invests $2.84 Million in Microsoft Co. (NASDAQ:MSFT)

Park Capital Management LLC WI acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,728 shares of the software giant’s stock, valued at approximately $2,836,000. Microsoft makes up approximately 3.4% of Park Capital Management LLC WI’s portfolio, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSFT. Castle Wealth Management LLC increased its stake in Microsoft by 6.0% in the 4th quarter. Castle Wealth Management LLC now owns 10,841 shares of the software giant’s stock worth $4,570,000 after acquiring an additional 611 shares during the last quarter. Consolidated Planning Corp grew its holdings in shares of Microsoft by 15.5% during the fourth quarter. Consolidated Planning Corp now owns 41,543 shares of the software giant’s stock worth $17,510,000 after purchasing an additional 5,561 shares in the last quarter. Raab & Moskowitz Asset Management LLC increased its position in shares of Microsoft by 5.2% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 35,910 shares of the software giant’s stock worth $15,136,000 after purchasing an additional 1,789 shares during the last quarter. Warren Street Wealth Advisors LLC raised its stake in Microsoft by 2.7% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 8,925 shares of the software giant’s stock valued at $3,762,000 after purchasing an additional 238 shares in the last quarter. Finally, MFG Wealth Management Inc. bought a new stake in Microsoft during the fourth quarter valued at approximately $2,261,000. Institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $475.00 price objective (down from $500.00) on shares of Microsoft in a report on Monday, April 7th. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Wedbush decreased their price objective on Microsoft from $550.00 to $475.00 and set an “outperform” rating on the stock in a report on Thursday. Loop Capital upped their target price on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Finally, Tigress Financial lifted their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Four analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $505.41.

Microsoft Stock Up 1.9 %

Shares of NASDAQ:MSFT opened at $388.45 on Monday. The firm has a market capitalization of $2.89 trillion, a P/E ratio of 31.28, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a 50 day moving average price of $391.89 and a 200-day moving average price of $414.41. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data 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 period in the prior year, the business earned $2.93 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS 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 issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. 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.