Financial Synergies Wealth Advisors Inc. lowered its holdings in Microsoft Co. (NASDAQ:MSFT – Free Report) by 3.
3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,295 shares of the software giant’s stock after selling 114 shares during the period. Financial Synergies Wealth Advisors Inc.
’s holdings in Microsoft were worth $1,389,000 at the end of the most recent quarter. Other hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc.
acquired a new position in Microsoft during the fourth quarter worth about $38,000. IFS Advisors LLC grew its holdings in shares of 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 last quarter. Avondale Wealth Management increased its position in Microsoft by 144.4% during the 4th quarter.
Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Microsoft in the 3rd quarter valued at approximately $62,000.
Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the fourth quarter valued at approximately $141,000. Institutional investors own 71.13% of the company’s stock.
Microsoft Stock Down 2.4 %Shares of NASDAQ:MSFT opened at $373.11 on Friday.
The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.
35. Microsoft Co. has a 52-week low of $367.
24 and a 52-week high of $468.35. The business’s 50 day simple moving average is $400.
77 and its two-hundred day simple moving average is $417.80. The firm has a market cap of $2.
77 trillion, a P/E ratio of 30.04, a PEG ratio of 2.21 and a beta of 0.
92. Microsoft (NASDAQ:MSFT – Get Free Report) last issued its 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 period in the previous year, the company posted $2.93 EPS. As a group, research analysts forecast that Microsoft Co.
will post 13.08 EPS for the current fiscal year. Microsoft Dividend AnnouncementThe business 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 of this dividend is Thursday, May 15th.
This represents a $3.32 dividend on an annualized basis and a yield of 0.89%.
Microsoft’s dividend payout ratio (DPR) is currently 26.73%. Analysts Set New Price TargetsSeveral research analysts have recently issued reports on the stock.
Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd.
Jefferies Financial Group dropped their target price on Microsoft from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Monday.
Westpark Capital started coverage on Microsoft in a report on Tuesday. They set a “hold” rating on the stock. StockNews.
com downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Mizuho cut their target price on shares of Microsoft from $510.00 to $500.
00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $508.
86.Get Our Latest Stock Report on MicrosoftAbout Microsoft (Free Report)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.
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Business
Financial Synergies Wealth Advisors Inc. Has $1.39 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Financial Synergies Wealth Advisors Inc. lowered its holdings in Microsoft Co. (NASDAQ:MSFT – Free Report) by 3.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,295 shares of the software giant’s stock after selling 114 shares during the period. Financial Synergies Wealth Advisors [...]