Accel Wealth Management Has $1.56 Million Holdings in Microsoft Co. (NASDAQ:MSFT)


Accel Wealth Management lessened its stake in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,050 shares of the software giant’s stock after selling 354 shares during the quarter. Accel Wealth Management’s holdings in Microsoft were worth $1,563,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. ACT Wealth Management LLC boosted its stake in Microsoft by 0.8% in the fourth quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant’s stock valued at $1,378,000 after buying an additional 34 shares in the last quarter. Wealth Enhancement & Preservation of GA LLC boosted its stake in Microsoft by 0.7% in the fourth quarter. Wealth Enhancement & Preservation of GA LLC now owns 4,995 shares of the software giant’s stock valued at $1,680,000 after buying an additional 34 shares in the last quarter. KB Financial Partners LLC boosted its stake in Microsoft by 0.5% in the fourth quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant’s stock valued at $2,404,000 after buying an additional 35 shares in the last quarter. Waltinson Bruner Financial Planning LLC boosted its stake in Microsoft by 0.9% in the first quarter. Waltinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant’s stock valued at $1,186,000 after buying an additional 37 shares in the last quarter. Finally, Strategic Asset Management LLC boosted its stake in Microsoft by 5.9% in the first quarter. Strategic Asset Management LLC now owns 659 shares of the software giant’s stock valued at $203,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 69.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MSFT shares. Royal Bank of Canada set a $380.00 price target on Microsoft in a research note on Thursday, May 19th. Wells Fargo & Company cut their price target on Microsoft from $400.00 to $350.00 and set an “overweight” rating on the stock in a research note on Monday, July 25th. Stifel Nicolaus cut their price target on Microsoft from $320.00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday, July 27th. Wolfe Research cut their price target on Microsoft from $320.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, July 29th. Finally, Piper Sandler cut their price target on Microsoft from $352.00 to $312.00 and set an “overweight” rating on the stock in a research note on Friday, July 8th. One analyst has rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $335.72.

Microsoft Trading Down 0.3 %

Shares of MSFT stock opened at $282.91 on Friday. The company has a market cap of $2.11 trillion, a P/E ratio of 29.35, a PEG ratio of 2.38 and a beta of 0.93. The stock has a 50 day simple moving average of $262.96 and a two-hundred day simple moving average of $280.24. 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 fifty-two week low of $241.51 and a fifty-two week high of $349.67.

Microsoft (NASDAQ:MSFT – Get Rating) last released its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same period in the previous year, the company posted $2.17 EPS. Research analysts forecast that Microsoft Co. will post 10.14 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, August 17th. This represents a $2.48 annualized dividend and a dividend yield of 0.88%. Microsoft’s dividend payout ratio is 25.73%.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

See Also

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)



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