2 weeks Ago By ABMN Staff
HFG Advisors Inc. grew its holdings in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 2.
8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,995 shares of the software giant’s stock after buying an additional 81 shares during the quarter. Microsoft accounts for about 1.
1% of HFG Advisors Inc.’s investment portfolio, making the stock its 27th largest holding. HFG Advisors Inc.
’s holdings in Microsoft were worth $1,262,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also made changes to their positions in MSFT. International Assets Investment Management LLC grew its stake in Microsoft by 48,526.
1% in 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 in the last quarter. Assenagon Asset Management S.
A. lifted its holdings 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 worth $4,439,407,000 after buying an additional 4,568,539 shares during the last quarter.
Geode Capital Management LLC grew its position in shares of 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 acquiring an additional 3,264,648 shares in the last quarter.
Baillie Gifford & Co. increased its holdings 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 valued at $3,032,859,000 after acquiring an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Microsoft by 4.
1% during 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 valued at $23,490,417,000 after acquiring an additional 2,125,030 shares in the last quarter. Institutional investors and hedge funds own 71.
13% of the company’s stock. Wall Street Analysts Forecast Growth Several analysts have weighed in on the stock. Wedbush reiterated an “outperform” rating and set a $550.
00 target price on shares of Microsoft in a research note on Thursday, March 20th. 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. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th.
Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Finally, Scotiabank started coverage on Microsoft in a research report on Thursday, March 20th.
They set a “sector outperform” rating and a $470.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock.
Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $510.59. Microsoft Trading Down 3.
0 % Shares of MSFT opened at $378.80 on Friday. The business’s 50-day moving average price is $405.
52 and its 200 day moving average price is $419.06. 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 capitalization of $2.82 trillion, a P/E ratio of 30.50, a P/E/G ratio of 2.
21 and a beta of 0.92. Microsoft Co.
has a 1-year low of $376.91 and a 1-year high of $468.35.
Microsoft ( NASDAQ:MSFT – Get Free Report ) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 company earned $2.
93 EPS. Analysts expect that Microsoft Co. will post 13.
08 earnings per share for the current year. Microsoft Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.
83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.
32 dividend on an annualized basis and a dividend yield of 0.88%. Microsoft’s payout ratio is currently 26.
73%. Microsoft 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 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 ..
