2 weeks Ago By ABMN Staff
Aspiring Ventures LLC purchased a new stake in Microsoft Co. ( NASDAQ:MSFT – Free Report ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,000 shares of the software giant’s stock, valued at approximately $1,716,000.
Microsoft makes up approximately 1.2% of Aspiring Ventures LLC’s investment portfolio, making the stock its 13th biggest holding. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.
Christopher J. Hasenberg Inc lifted its holdings in shares of Microsoft by 35.7% in the 3rd quarter.
Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares during the last quarter. IFS Advisors LLC increased its position in Microsoft by 53.
8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares during the period. Quarry LP purchased a new stake in Microsoft in the second quarter valued at approximately $45,000.
Avondale Wealth Management boosted its holdings in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after acquiring an additional 65 shares during the period.
Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft during the third quarter worth approximately $62,000. 71.
13% of the stock is owned by institutional investors and hedge funds. Microsoft Stock Up 2.6 % MSFT opened at $388.
56 on Friday. The business’s fifty day simple moving average is $412.43 and its 200 day simple moving average is $420.
55. Microsoft Co. has a 52 week low of $376.
91 and a 52 week high of $468.35. The firm has a market cap of $2.
89 trillion, a P/E ratio of 31.29, a PEG ratio of 2.21 and a beta of 0.
92. The company has a quick ratio of 1.34, a current ratio of 1.
35 and a debt-to-equity ratio of 0.13. Microsoft Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th.
Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th.
This represents a $3.32 annualized dividend and a yield of 0.85%.
Microsoft’s dividend payout ratio (DPR) is presently 26.73%. Wall Street Analysts Forecast Growth Several analysts recently commented on MSFT shares.
Piper Sandler reiterated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and upped their target price for the company from $425.
00 to $450.00 in a report on Thursday. Morgan Stanley lowered their price target on Microsoft from $540.
00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th.
Finally, Wedbush reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research report on Tuesday, November 19th. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company.
According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $510.43. Read Our Latest Analysis on MSFT Microsoft Company Profile ( 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. Featured Stories Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co.
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