2 weeks Ago By ABMN Staff
SJS Investment Consulting Inc. lessened its holdings in Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 4.
7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,499 shares of the software giant’s stock after selling 368 shares during the period.
Microsoft accounts for approximately 0.5% of SJS Investment Consulting Inc.’s investment portfolio, making the stock its 19th biggest holding.
SJS Investment Consulting Inc.’s holdings in Microsoft were worth $3,161,000 at the end of the most recent reporting period. Several other institutional investors have also recently added to or reduced their stakes in MSFT.
Net Worth Advisory Group acquired a new stake in Microsoft during the third quarter worth about $2,645,000. Oak Ridge Investments LLC grew its holdings in shares of Microsoft by 7.6% during the third quarter.
Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the last quarter. Jacobs & Co. CA raised its position in shares of Microsoft by 0.
9% during the 3rd quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock worth $41,318,000 after purchasing an additional 880 shares during the period.
Focus Financial Network Inc. lifted its holdings in shares of Microsoft by 2.0% in the 3rd quarter.
Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares during the last quarter. Finally, Campbell Wealth Management acquired a new position in Microsoft during the 3rd quarter valued at approximately $3,314,000.
Institutional investors own 71.13% of the company’s stock. Microsoft Price Performance Shares of NASDAQ:MSFT opened at $388.
56 on Friday. The company has a market capitalization of $2.89 trillion, a PE ratio of 31.
29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.
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 fifty day moving average of $412.43 and a 200-day moving average of $420.
55. Microsoft Co. has a one year low of $376.
91 and a one year high of $468.35. Microsoft Announces Dividend The 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 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th.
Microsoft’s payout ratio is 26.73%. Analyst Upgrades and Downgrades A number of equities research analysts have issued reports on MSFT shares.
Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Loop Capital lifted their price objective on shares of Microsoft from $500.00 to $550.
00 and gave the company a “buy” rating in a research report on Monday, December 23rd. UBS Group reduced their target price on shares of Microsoft from $525.00 to $510.
00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Piper Sandler restated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th.
Finally, Morgan Stanley reduced their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th.
Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $510.
43. View Our Latest Report on MSFT 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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