2 weeks Ago By Defense World Staff
Consolidated Portfolio Review Corp raised its holdings in Microsoft Co. (NASDAQ:MSFT – Free Report) by 122.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC.
The fund owned 36,134 shares of the software giant’s stock after purchasing an additional 19,923 shares during the quarter. Microsoft accounts for approximately 2.4% of Consolidated Portfolio Review Corp’s investment portfolio, making the stock its 4th biggest holding.
Consolidated Portfolio Review Corp’s holdings in Microsoft were worth $15,230,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc.
acquired a new stake in Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC grew its position 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 acquiring an additional 35 shares during the period. Avondale Wealth Management raised its holdings in Microsoft by 144.4% in 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 during the period. MidAtlantic Capital Management Inc. purchased a new position in Microsoft during the third quarter worth approximately $62,000.
Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the fourth quarter valued at approximately $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.
Microsoft Stock PerformanceNASDAQ MSFT opened at $373.11 on Friday. The stock has a fifty day simple moving average of $400.
77 and a 200-day simple moving average of $417.80. Microsoft Co.
has a twelve month low of $367.24 and a twelve month high of $468.35.
The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.
13. The stock has a market cap of $2.77 trillion, a PE ratio of 30.
04, a P/E/G ratio of 2.21 and a beta of 0.92.
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS 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 period last year, the business earned $2.
93 earnings per share. Equities analysts anticipate that Microsoft Co. will post 13.
08 earnings per share for the current year. Microsoft Dividend AnnouncementThe business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.
83 dividend. The ex-dividend date 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 presently 26.
73%. Wall Street Analyst Weigh InA number of research analysts have recently issued reports on MSFT shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.
00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Morgan Stanley cut their target price on shares of Microsoft from $540.00 to $530.
00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Westpark Capital assumed coverage on shares of Microsoft in a research note on Tuesday. They issued a “hold” rating on the stock.
Tigress Financial boosted their price objective on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th.
Finally, Piper Sandler restated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $508.86.
Check Out Our Latest Stock Analysis on MSFTMicrosoft 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.Read MoreFive stocks we like better than MicrosoftBank Stocks – Best Bank Stocks to Invest InShares of RH Down Nearly 40%: Where Investors Can Turn To NowWhat Are Treasury Bonds?Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian3 Grocery Stocks That Can Help Take a Bite Out of Inflation Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?.
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