2 weeks Ago By ABMN Staff
Lazari Capital Management Inc. raised its position in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 1.
8% during the 4th quarter, Holdings Channel reports. The fund owned 16,078 shares of the software giant’s stock after purchasing an additional 285 shares during the period. Microsoft makes up approximately 2.
7% of Lazari Capital Management Inc.’s investment portfolio, making the stock its 8th biggest position. Lazari Capital Management Inc.
’s holdings in Microsoft were worth $6,777,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently modified their holdings of MSFT. Resonant Capital Advisors LLC raised its position in shares of Microsoft by 1.
1% during the 4th quarter. Resonant Capital Advisors LLC now owns 37,574 shares of the software giant’s stock valued at $15,837,000 after buying an additional 394 shares in the last quarter. Brentview Investment Management LLC purchased a new stake in Microsoft during the fourth quarter valued at approximately $13,601,000.
Panoramic Investment Advisors LLC lifted its stake in shares of Microsoft by 13.3% in the 4th quarter. Panoramic Investment Advisors LLC now owns 3,839 shares of the software giant’s stock valued at $1,618,000 after purchasing an additional 451 shares during the last quarter.
Catalina Capital Group LLC boosted its holdings in shares of Microsoft by 3.6% in the 4th quarter. Catalina Capital Group LLC now owns 32,047 shares of the software giant’s stock worth $13,508,000 after purchasing an additional 1,100 shares during the period.
Finally, JB Capital LLC increased its position in shares of Microsoft by 2.0% during the 4th quarter. JB Capital LLC now owns 28,428 shares of the software giant’s stock valued at $11,982,000 after purchasing an additional 561 shares during the last quarter.
71.13% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades Several research analysts have commented on the stock.
Tigress Financial lifted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th.
Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th.
Piper Sandler reissued an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Finally, Scotiabank started coverage on Microsoft in a research note on Thursday, March 20th.
They set a “sector outperform” rating and a $470.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock.
Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $510.59. Microsoft Trading Down 3.
0 % Microsoft stock opened at $378.80 on Friday. The company has a debt-to-equity ratio of 0.
13, a quick ratio of 1.34 and a current ratio of 1.35.
The stock has a market cap of $2.82 trillion, a PE ratio of 30.50, a price-to-earnings-growth ratio of 2.
21 and a beta of 0.92. The stock has a 50-day moving average of $405.
52 and a two-hundred day moving average of $419.06. Microsoft Co.
has a one year low of $376.91 and a one year high of $468.35.
Microsoft ( NASDAQ:MSFT – Get Free Report ) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 period in the previous year, the firm posted $2.
93 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 13.
08 EPS for the current fiscal year. Microsoft Announces Dividend The business also recently disclosed 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. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.
88%. The ex-dividend date is Thursday, May 15th. 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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