Hedeker Wealth LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT – Free Report) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 46,962 shares of the software giant’s stock after purchasing an additional 224 shares during the period. Microsoft comprises 4.9% of Hedeker Wealth LLC’s investment portfolio, making the stock its 3rd largest position.
Hedeker Wealth LLC’s holdings in Microsoft were worth $19,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its holdings in shares of Microsoft by 48,526.
1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Assenagon Asset Management S.
A. raised its position in Microsoft by 76.6% during the 4th quarter.
Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after purchasing an additional 4,568,539 shares during the last quarter.
Geode Capital Management LLC lifted its holdings in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after buying an additional 3,264,648 shares during the period.
Baillie Gifford & Co. grew its position in shares of Microsoft by 46.1% in the 3rd quarter.
Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock worth $3,032,859,000 after buying an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Microsoft by 4.
1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Hedge funds and other institutional investors own 71.
13% of the company’s stock. Microsoft Stock Down 2.4 %MSFT opened at $373.
11 on Friday. The stock has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 30.
04, a PEG ratio of 2.21 and a beta of 0.92.
The firm has a 50 day moving average price of $400.77 and a 200-day moving average price 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 quick ratio of 1.34, a current ratio of 1.
35 and a debt-to-equity ratio of 0.13. Microsoft (NASDAQ:MSFT – Get Free Report) last announced its earnings results on Wednesday, January 29th.
The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm posted $2.93 earnings per share.
Equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.
Microsoft Announces DividendThe company also recently announced 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.
This represents a $3.32 dividend on an annualized basis and a yield of 0.89%.
The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is 26.73%.
Wall Street Analysts Forecast GrowthSeveral brokerages have commented on MSFT. Mizuho decreased their price objective on shares of Microsoft from $510.00 to $500.
00 and set an “outperform” rating for the company in a 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.
Tigress Financial lifted their price objective on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th.
Piper Sandler reissued an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Finally, Morgan Stanley reduced their price target on Microsoft from $540.
00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock.
According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $508.86.Get 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 MicrosoftHigh Dividend REITs: Are They an Ideal Way to Diversify?Shares of RH Down Nearly 40%: Where Investors Can Turn To Now3 Monster Growth Stocks to Buy NowTariffs, Spin-Out, and R2 Updates Are Positive Signs for RivianLearn Technical Analysis Skills to Master the Stock MarketCathie 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)..
Business
Hedeker Wealth LLC Boosts Position in Microsoft Co. (NASDAQ:MSFT)

Hedeker Wealth LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT – Free Report) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,962 shares of the software giant’s stock after purchasing an additional 224 shares during the period. Microsoft comprises 4.9% of [...]