Microsoft Co. (NASDAQ:MSFT) is Nicholson Wealth Management Group LLC’s 5th Largest Position

Nicholson Wealth Management Group LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 40.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,328 shares of the software giant’s stock after purchasing an additional 1,810 shares during the quarter. Microsoft comprises approximately 1.8% of Nicholson Wealth Management Group LLC’s portfolio, making the stock its 5th biggest holding. Nicholson Wealth Management Group LLC’s holdings in Microsoft were worth $2,667,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of MSFT. BCK Partners Inc. increased its holdings in shares of Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares in the last quarter. Muirfield Wealth Advisors LLC boosted its position in shares of Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after buying an additional 24 shares during the last quarter. Retirement Financial Solutions LLC increased its holdings in Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after buying an additional 24 shares in the last quarter. Sequent Asset Management LLC raised its position 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 during the last quarter. Finally, Cypress Point Wealth Management LLC lifted its stake in Microsoft by 0.8% during the 3rd 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. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

Shares of Microsoft stock opened at $387.30 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. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The stock has a 50 day moving average of $385.28 and a 200 day moving average of $411.53. The firm has a market cap of $2.88 trillion, a PE ratio of 31.18, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 period last year, the firm earned $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is 26.73%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Guggenheim reissued a “neutral” rating on shares of Microsoft in a report on Wednesday. Scotiabank initiated coverage on shares of Microsoft in a research note on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price for the company. Morgan Stanley dropped their price target on Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Tigress Financial upped their price objective on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $475.00 target price (down from $500.00) on shares of Microsoft in a research report on Monday, April 7th. Five investment 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $493.13.

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.