2 weeks Ago By ABMN Staff
Brentview Investment Management LLC purchased a new position in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 32,268 shares of the software giant’s stock, valued at approximately $13,601,000.
Microsoft accounts for approximately 7.7% of Brentview Investment Management LLC’s investment portfolio, making the stock its largest holding. A number of other hedge funds have also recently added to or reduced their stakes in MSFT.
Fiduciary Advisors Inc. acquired a new position in Microsoft during the fourth quarter worth $38,000. IFS Advisors LLC increased its position in shares of Microsoft by 53.
8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management raised its stake in shares of 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 buying an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc.
acquired a new position in shares of Microsoft during the 3rd quarter worth $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter valued at about $141,000. Institutional investors and hedge funds own 71.
13% of the company’s stock. Analyst Upgrades and Downgrades A number of equities analysts have issued reports on MSFT shares. Loop Capital lifted their target price on shares of Microsoft from $500.
00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Piper Sandler restated an “overweight” rating and set a $520.
00 price objective on shares of Microsoft in a research report on Monday, January 27th. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and increased their target price for the company from $425.00 to $450.
00 in a report on Thursday, March 13th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th.
Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company.
According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $510.59.
Microsoft Trading Down 3.0 % NASDAQ MSFT opened at $378.80 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 one year low of $376.
91 and a one year high of $468.35. The company’s 50 day moving average price is $405.
52 and its 200 day moving average price is $419.06. The firm has a market capitalization of $2.
82 trillion, a price-to-earnings ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.
92. Microsoft ( NASDAQ:MSFT – Get Free Report ) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.
23 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the business posted $2.93 EPS. On average, sell-side analysts predict that Microsoft Co.
will post 13.08 EPS for the current year. Microsoft Dividend Announcement The business 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 $0.83 dividend. This represents a $3.
32 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Thursday, May 15th.
Microsoft’s payout ratio is 26.73%. 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 Articles 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.
( NASDAQ:MSFT – Free Report ). 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 .
.
