1 week Ago By Defense World Staff
Variant Private Wealth LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 14,913 shares of the software giant’s stock, valued at approximately $6,286,000.
Microsoft accounts for 6.0% of Variant Private Wealth LLC’s portfolio, making the stock its 4th largest holding. Other hedge funds have also recently bought and sold shares of the company.
Assenagon Asset Management S.A. boosted its holdings in shares of Microsoft by 76.
6% in the 4th quarter. Assenagon Asset Management S.A.
now owns 10,532,402 shares of the software giant’s stock worth $4,439,407,000 after acquiring an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC boosted its stake in Microsoft by 2.0% in the third quarter.
Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares in the last quarter. Baillie Gifford & Co. grew its holdings in shares of Microsoft by 46.
1% during the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares during the last quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Microsoft by 4.1% during the third 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 worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter.
Finally, Strategic Financial Concepts LLC increased its stake in shares of Microsoft by 43,900.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,042,499 shares of the software giant’s stock valued at $860,913,000 after buying an additional 2,037,857 shares in the last quarter.
71.13% of the stock is currently owned by institutional investors and hedge funds. Microsoft Stock Up 1.
2 %Shares of MSFT stock opened at $391.85 on Friday. The company has a market capitalization of $2.
91 trillion, a price-to-earnings ratio of 31.55, a P/E/G ratio of 2.21 and a beta of 1.
00. Microsoft Co. has a 12-month low of $344.
79 and a 12-month high of $468.35. The firm has a fifty day moving average of $384.
93 and a 200-day moving average of $411.39. 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 announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 in the previous year, the company earned $2.
93 earnings per share. As a group, equities research analysts predict that Microsoft Co. will post 13.
08 earnings per share for the current fiscal year. Microsoft Dividend AnnouncementThe firm also recently declared 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.
85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is currently 26.
73%. Analysts Set New Price TargetsA number of equities research analysts have commented on MSFT shares. UBS Group decreased their price objective on shares of Microsoft from $510.
00 to $480.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Morgan Stanley dropped their price objective on shares of Microsoft from $530.
00 to $472.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Tigress Financial increased their price objective on Microsoft from $550.
00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Bank of America dropped their target price on Microsoft from $510.
00 to $480.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Finally, The Goldman Sachs Group cut their price target on Microsoft from $500.
00 to $450.00 and set a “buy” rating on the stock in a research note on Thursday. Five equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock.
Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $493.89.View Our Latest Analysis on MSFTMicrosoft 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.See AlsoFive stocks we like better than MicrosoftWhat is MarketRank? How to Use itMarkets Think Robinhood Earnings Could Send the Stock UpREIT Stocks – Best REIT Stocks to Add to Your Portfolio TodayChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Technology Stocks Explained: Here’s What to Know About TechAT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
