2 days Ago By Defense World Staff
L. Roy Papp & Associates LLP lowered its holdings in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 0.
4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 121,684 shares of the software giant’s stock after selling 482 shares during the period. Microsoft accounts for approximately 6.
0% of L. Roy Papp & Associates LLP’s holdings, making the stock its 2nd largest position. L.
Roy Papp & Associates LLP’s holdings in Microsoft were worth $51,290,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently bought and sold shares of MSFT. WFA Asset Management Corp grew its position in shares of Microsoft by 27.
0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC.
grew its holdings in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC.
now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares in the last quarter. AMF Tjanstepension AB grew its holdings in Microsoft by 1.8% in the 3rd quarter.
AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after buying an additional 49,735 shares in the last quarter. Discipline Wealth Solutions LLC increased its position in Microsoft by 410.4% during the 3rd quarter.
Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock worth $1,144,000 after buying an additional 2,138 shares during the period. Finally, Swedbank AB boosted its position in shares of Microsoft by 0.4% in the third quarter.
Swedbank AB now owns 13,689,356 shares of the software giant’s stock valued at $5,890,530,000 after acquiring an additional 49,288 shares during the period. Institutional investors own 71.13% of the company’s stock.
Analyst Ratings Changes A number of equities analysts recently commented on MSFT shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $475.00 price target (down from $500.
00) on shares of Microsoft in a research report on Monday, April 7th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and raised their target price for the stock from $425.00 to $450.
00 in a report on Thursday, March 13th. Wedbush cut their price target on Microsoft from $550.00 to $475.
00 and set an “outperform” rating for the company in a research note on Thursday. Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Finally, Westpark Capital assumed coverage on Microsoft in a research report on Tuesday, April 1st.
They set a “hold” rating for the company. Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $505.41. Microsoft Trading Up 1.
9 % Shares of MSFT stock opened at $388.45 on Friday. Microsoft Co.
has a twelve month low of $344.79 and a twelve month high of $468.35.
The stock’s fifty day simple moving average is $391.89 and its 200 day simple moving average is $414.53.
The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.
13. The firm has a market capitalization of $2.89 trillion, a P/E ratio of 31.
28, a P/E/G ratio of 2.21 and a beta of 1.00.
Microsoft ( NASDAQ:MSFT – Get Free Report ) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company earned $2.
93 earnings per share. As a group, sell-side analysts predict that Microsoft Co. will post 13.
08 EPS for the current fiscal year. Microsoft Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.
83 per share. 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 0.85%. Microsoft’s dividend payout ratio (DPR) is presently 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.
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