Eagle Ridge Investment Management Has $51.12 Million Position in Microsoft Co. (NASDAQ:MSFT)

Eagle Ridge Investment Management lessened its holdings in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.

The firm owned 121,281 shares of the software giant’s stock after selling 1,405 shares during the quarter. Microsoft comprises 4.5% of Eagle Ridge Investment Management’s portfolio, making the stock its 3rd biggest holding.



Eagle Ridge Investment Management’s holdings in Microsoft were worth $51,120,000 as of its most recent SEC filing. A number of other large investors also recently added to or reduced their stakes in the business. Fiduciary Advisors Inc.

purchased a new stake in Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 53.8% in the 4th 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 last quarter. Avondale Wealth Management raised its position in shares of Microsoft by 144.4% during the 4th quarter.

Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the 3rd quarter valued at about $62,000.

Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the fourth quarter worth about $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In Several research firms have issued reports on MSFT. Mizuho lowered their price objective on shares of Microsoft from $510.00 to $500.

00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.

00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Morgan Stanley dropped their price target on Microsoft from $540.00 to $530.

00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wedbush restated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th.

Finally, Scotiabank assumed coverage on shares of Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock.

Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $508.86.

Microsoft Stock Performance Shares of MSFT stock opened at $373.11 on Friday. Microsoft Co.

has a 12-month low of $367.24 and a 12-month high of $468.35.

The business has a 50 day simple moving average of $400.77 and a 200 day simple moving average of $417.80.

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 firm has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 30.

04, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft ( NASDAQ:MSFT – Get Free Report ) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates of $3.

15 by $0.08. Microsoft had a return on equity of 33.

36% and a net margin of 35.43%. During the same period in the prior year, the business earned $2.

93 earnings per share. On average, equities research analysts anticipate that Microsoft Co. will post 13.

08 EPS for the current year. Microsoft Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.

83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.

32 annualized dividend and a dividend yield of 0.89%. Microsoft’s dividend payout ratio is currently 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.

Read More Five stocks we like better than Microsoft What is the S&P/TSX Index? Shares of RH Down Nearly 40%: Where Investors Can Turn To Now Earnings Per Share Calculator: How to Calculate EPS Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian What Are the U.K. Market Holidays? How to Invest and Trade Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy? 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 ..