Menu Close

Wealth Management Solutions LLC Lowers Holdings in Microsoft Co. (NASDAQ:MSFT)

Wealth Management Solutions LLC decreased its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 2.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,396 shares of the software giant’s stock after selling 119 shares during the quarter. Microsoft makes up 0.7% of Wealth Management Solutions LLC’s holdings, making the stock its 25th largest position. Wealth Management Solutions LLC’s holdings in Microsoft were worth $1,355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of MSFT. KB Financial Partners LLC increased its stake in Microsoft by 0.5% during the fourth quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant’s stock worth $2,404,000 after acquiring an additional 35 shares during the last quarter. Valtinson Bruner Financial Planning LLC increased its stake in Microsoft by 0.9% during the first quarter. Valtinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant’s stock worth $1,186,000 after acquiring an additional 37 shares during the last quarter. Strategic Asset Management LLC increased its stake in Microsoft by 5.9% during the first quarter. Strategic Asset Management LLC now owns 659 shares of the software giant’s stock worth $203,000 after acquiring an additional 37 shares during the last quarter. Virginia Wealth Management Group Inc. increased its stake in Microsoft by 0.3% during the first quarter. Virginia Wealth Management Group Inc. now owns 12,676 shares of the software giant’s stock worth $3,830,000 after acquiring an additional 37 shares during the last quarter. Finally, Northwest Wealth Management LLC increased its stake in Microsoft by 0.8% during the first quarter. Northwest Wealth Management LLC now owns 4,536 shares of the software giant’s stock worth $1,399,000 after acquiring an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Analyst Ratings Changes

MSFT has been the subject of several research analyst reports. JPMorgan Chase & Co. set a $320.00 price target on Microsoft in a research report on Thursday, June 9th. Royal Bank of Canada set a $380.00 price target on Microsoft in a research report on Thursday, May 19th. Stifel Nicolaus lowered their price target on Microsoft from $320.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, July 27th. Morgan Stanley lowered their price target on Microsoft from $372.00 to $354.00 and set an “overweight” rating for the company in a research report on Tuesday, July 12th. Finally, Wedbush lowered their price target on Microsoft from $340.00 to $320.00 and set an “outperform” rating for the company in a research report on Wednesday, July 27th. Two research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus price target of $334.31.

Microsoft Stock Down 0.4 %

MSFT opened at $260.40 on Friday. The business’s 50-day simple moving average is $270.44 and its 200-day simple moving average is $277.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78. Microsoft Co. has a one year low of $241.51 and a one year high of $349.67. The stock has a market capitalization of $1.94 trillion, a P/E ratio of 27.01, a price-to-earnings-growth ratio of 2.23 and a beta of 0.93.

Microsoft (NASDAQ:MSFTGet Rating) last posted its earnings results on Tuesday, July 26th. The software giant reported $2.23 EPS for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.06). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same period last year, the firm posted $2.17 EPS. Analysts anticipate that Microsoft Co. will post 10.14 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Wednesday, August 17th. Microsoft’s dividend payout ratio (DPR) is currently 25.73%.

About Microsoft

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

Further Reading

Receive News & Ratings for Microsoft Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Microsoft and related companies with MarketBeat.com’s FREE daily email newsletter.