2 weeks Ago By ABMN Staff
Compass Wealth Management LLC lowered its holdings in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 13,208 shares of the software giant’s stock after selling 178 shares during the period. Microsoft comprises 1.3% of Compass Wealth Management LLC’s portfolio, making the stock its 20th largest holding.
Compass Wealth Management LLC’s holdings in Microsoft were worth $5,567,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently modified their holdings of MSFT. BCK Partners Inc.
raised its holdings in shares of Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc.
now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares during the period. Global Wealth Strategies & Associates grew its position in Microsoft by 0.8% in the third quarter.
Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after acquiring an additional 25 shares in the last quarter. Christopher J. Hasenberg Inc raised its stake in shares of Microsoft by 35.
7% during the third 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 period.
Sequent Asset Management LLC lifted its position in shares of Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after purchasing an additional 25 shares in the last quarter.
Finally, Cypress Point Wealth Management LLC lifted its position in shares of Microsoft by 0.8% during the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after purchasing an additional 25 shares in the last quarter.
Hedge funds and other institutional investors own 71.13% of the company’s stock. Microsoft Price Performance Shares of NASDAQ MSFT opened at $388.
56 on Friday. Microsoft Co. has a 1-year low of $376.
91 and a 1-year high of $468.35. The firm has a market capitalization of $2.
89 trillion, a PE ratio of 31.29, a P/E/G ratio of 2.21 and a beta of 0.
92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.
35 and a quick ratio of 1.34. The business’s fifty day moving average price is $412.
43 and its two-hundred day moving average price is $420.55. Microsoft Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th.
Investors of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.
32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Thursday, May 15th.
Microsoft’s dividend payout ratio (DPR) is 26.73%. Analysts Set New Price Targets MSFT has been the topic of several analyst reports.
Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.
00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th.
Stifel Nicolaus dropped their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a report on Friday, March 7th.
Finally, Morgan Stanley cut their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th.
Three research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.43.
View Our Latest Analysis on Microsoft 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. ( 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 ..
