2 weeks Ago By ABMN Staff
Vantage Point Financial LLC purchased a new position in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,865 shares of the software giant’s stock, valued at approximately $1,208,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at about $38,000.
IFS Advisors LLC lifted its position in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the period.
Avondale Wealth Management boosted its holdings 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 purchasing an additional 65 shares in the last quarter.
MidAtlantic Capital Management Inc. acquired a new position in Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC purchased a new position in shares of Microsoft during the 4th quarter worth approximately $141,000.
71.13% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes MSFT has been the topic of a number of recent analyst reports.
StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and upped their price target for the stock from $425.
00 to $450.00 in a research note on Thursday, March 13th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th.
Piper Sandler restated an “overweight” rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Finally, Stifel Nicolaus decreased their price target on Microsoft from $515.
00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Three investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock.
According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $510.59. Microsoft Price Performance MSFT stock opened at $378.
80 on Friday. The stock has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 30.
50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.
The stock’s fifty day simple moving average is $405.52 and its 200-day simple moving average is $419.06.
Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.
35. The company has a quick ratio of 1.34, a current ratio of 1.
35 and a debt-to-equity ratio of 0.13. Microsoft ( NASDAQ:MSFT – Get Free Report ) last posted its quarterly earnings results on Wednesday, January 29th.
The software giant reported $3.23 EPS for the quarter, beating 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 period in the previous year, the business posted $2.93 earnings per share.
Equities research analysts expect that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share.
This represents a $3.32 annualized dividend and a yield of 0.88%.
The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) 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. Recommended Stories 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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