1 week Ago By ABMN Staff
Northeast Investment Management increased its holdings in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 261,089 shares of the software giant’s stock after acquiring an additional 760 shares during the period. Microsoft comprises approximately 4.9% of Northeast Investment Management’s holdings, making the stock its 4th largest holding.
Northeast Investment Management’s holdings in Microsoft were worth $110,049,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of Microsoft by 2.
0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Microsoft by 4.
1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc.
increased its stake in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc.
now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after buying an additional 652,493 shares during the period. International Assets Investment Management LLC raised its position in shares of Microsoft by 48,526.1% during the third quarter.
International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Microsoft by 1.
1% during the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after acquiring an additional 406,940 shares during the period.
71.13% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades MSFT has been the subject of a number of research reports.
UBS Group lowered their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th.
Westpark Capital started coverage on shares of Microsoft in a research report on Tuesday, April 1st. They set a “hold” rating for the company. Scotiabank assumed coverage on shares of Microsoft in a report on Thursday, March 20th.
They issued a “sector outperform” rating and a $470.00 price objective on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $520.
00 target price on shares of Microsoft in a report on Monday, January 27th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th.
Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $508.00.
Microsoft Trading Down 0.6 % NASDAQ MSFT opened at $357.86 on Tuesday.
Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.
35. 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’s 50 day moving average price is $397.
55 and its two-hundred day moving average price is $416.67. The stock has a market capitalization of $2.
66 trillion, a price-to-earnings ratio of 28.81, a PEG ratio of 2.21 and a beta of 1.
00. Microsoft ( NASDAQ:MSFT – Get Free Report ) last announced its quarterly earnings data 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 last year, the firm earned $2.93 EPS. As a group, analysts anticipate that Microsoft Co.
will post 13.08 earnings per share for the current fiscal year. Microsoft Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th.
Investors of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.
32 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, May 15th.
Microsoft’s dividend payout ratio is currently 26.73%. About Microsoft ( 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. See Also 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.
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