1 week Ago By ABMN Staff
North Growth Management Ltd. trimmed its position in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 12.
5% during the fourth quarter, Holdings Channel.com reports. The firm owned 21,000 shares of the software giant’s stock after selling 3,000 shares during the period.
Microsoft accounts for 1.7% of North Growth Management Ltd.’s holdings, making the stock its 28th biggest position.
North Growth Management Ltd.’s holdings in Microsoft were worth $8,643,000 at the end of the most recent reporting period. A number of other large investors also recently modified their holdings of MSFT.
Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the fourth quarter valued at $38,000. IFS Advisors LLC lifted its position in Microsoft by 53.
8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management lifted its position in Microsoft by 144.
4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc.
bought a new stake in Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft during the 4th quarter worth approximately $141,000. 71.
13% of the stock is currently owned by institutional investors. Microsoft Price Performance Microsoft stock opened at $357.86 on Tuesday.
The firm has a market capitalization of $2.66 trillion, a P/E ratio of 28.81, a PEG ratio of 2.
21 and a beta of 1.00. Microsoft Co.
has a one year low of $344.79 and a one year high of $468.35.
The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.
34. The business has a fifty day moving average price of $397.55 and a 200-day moving average price of $416.
67. Microsoft Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors 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 yield of 0.
93%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.
73%. Analyst Ratings Changes Several brokerages recently issued reports on MSFT. Stifel Nicolaus cut their target price on Microsoft from $515.
00 to $475.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Morgan Stanley cut their price objective on shares of Microsoft from $540.
00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.
00 target price on shares of Microsoft in a report on Wednesday, January 29th. Mizuho cut their price target on shares of Microsoft from $510.00 to $500.
00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Finally, Wedbush reiterated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Thursday, March 20th.
Four equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $508.00.
Check Out Our Latest Analysis on MSFT Microsoft Company 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.
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