2 weeks Ago By ABMN Staff
Ogorek Anthony Joseph NY ADV lifted its stake in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 1.1% during the fourth quarter, Holdings Channel reports.
The firm owned 5,661 shares of the software giant’s stock after purchasing an additional 61 shares during the quarter. Microsoft makes up approximately 0.8% of Ogorek Anthony Joseph NY ADV’s portfolio, making the stock its 24th largest holding.
Ogorek Anthony Joseph NY ADV’s holdings in Microsoft were worth $2,386,000 at the end of the most recent quarter. Other hedge funds have also modified their holdings of the company. WFA Asset Management Corp raised its holdings in shares of Microsoft by 27.
0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC.
grew its position in Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC.
now owns 12,658 shares of the software giant’s stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. AMF Tjanstepension AB raised its stake in Microsoft by 1.8% during 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 purchasing an additional 49,735 shares during the period. Perfromance Wealth Partners LLC raised its stake in Microsoft by 2.2% during the 3rd quarter.
Perfromance Wealth Partners LLC now owns 466,344 shares of the software giant’s stock valued at $200,664,000 after purchasing an additional 10,140 shares during the period. Finally, Guinness Asset Management LTD lifted its holdings in shares of Microsoft by 0.3% in the third quarter.
Guinness Asset Management LTD now owns 522,876 shares of the software giant’s stock valued at $224,938,000 after purchasing an additional 1,464 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Several research analysts recently weighed in on the company. Stifel Nicolaus dropped their price target on Microsoft from $515.00 to $475.
00 and set a “buy” rating on the stock in a research report on Friday, March 7th. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and upped their target price for the company from $425.00 to $450.
00 in a report on Thursday, March 13th. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Morgan Stanley dropped their price objective on shares of Microsoft from $540.
00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $509.
00 target price on shares of Microsoft in a research note on Wednesday, January 29th. Three analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. Based on data from MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $510.59. Microsoft Stock Down 3.
0 % Microsoft stock opened at $378.80 on Friday. The company has a debt-to-equity ratio of 0.
13, a current ratio of 1.35 and a quick ratio of 1.34.
Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.
35. The firm has a fifty day moving average price of $405.52 and a two-hundred day moving average price of $419.
06. The firm has a market cap of $2.82 trillion, a price-to-earnings ratio of 30.
50, a P/E/G ratio of 2.21 and a beta of 0.92.
Microsoft ( NASDAQ:MSFT – Get Free Report ) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 quarter in the previous year, the firm posted $2.
93 earnings per share. As a group, analysts forecast that Microsoft Co. will post 13.
08 earnings per share for the current year. Microsoft Dividend Announcement 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 paid a $0.
83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.
32 annualized dividend and a dividend yield of 0.88%. Microsoft’s payout ratio is 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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