1 week Ago By Defense World Staff
Dahring Cusmano LLC purchased a new stake in Microsoft Co. ( NASDAQ:MSFT – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,315 shares of the software giant’s stock, valued at approximately $976,000.
Microsoft comprises approximately 0.9% of Dahring Cusmano LLC’s portfolio, making the stock its 18th biggest position. Several other large investors also recently made changes to their positions in the business.
Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC raised its holdings in Microsoft by 53.
8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management lifted its stake in Microsoft by 144.
4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc.
acquired a new position in shares of Microsoft in the third quarter worth about $62,000. Finally, Kieckhefer Group LLC purchased a new position in shares of Microsoft in the fourth quarter worth approximately $141,000. Institutional investors own 71.
13% of the company’s stock. Wall Street Analysts Forecast Growth Several equities research analysts recently commented on the stock. Bank of America reduced their price target on shares of Microsoft from $510.
00 to $480.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Wedbush decreased their target price on Microsoft from $550.
00 to $475.00 and set an “outperform” rating for the company in a research report on Thursday, April 10th. Mizuho dropped their price target on Microsoft from $510.
00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Tigress Financial increased their price objective on Microsoft from $550.
00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Finally, StockNews.
com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Five research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $493.
89. Microsoft Stock Up 1.2 % Shares of MSFT stock opened at $391.
85 on Friday. The stock’s 50 day simple moving average is $384.93 and its 200 day simple moving average is $411.
39. Microsoft Co. has a twelve month low of $344.
79 and a twelve month 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 company has a market capitalization of $2.91 trillion, a price-to-earnings ratio of 31.55, a PEG ratio of 2.
21 and a beta of 1.00. Microsoft ( NASDAQ:MSFT – Get Free Report ) last released 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 last year, the business earned $2.93 EPS.
As a group, research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given 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 is Thursday, May 15th. Microsoft’s dividend payout ratio is 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. Recommended Stories Five stocks we like better than Microsoft What is a Death Cross in Stocks? Markets Think Robinhood Earnings Could Send the Stock Up Dividend Screener: How to Evaluate Dividend Stocks Before Buying Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? Growth Stocks: What They Are, What They Are Not AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround 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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