2 weeks Ago By ABMN Staff
DDD Partners LLC lessened its stake in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 8.8% in the fourth quarter, Holdings Channel.
com reports. The fund owned 136,086 shares of the software giant’s stock after selling 13,151 shares during the quarter. Microsoft comprises about 7.
0% of DDD Partners LLC’s holdings, making the stock its 2nd biggest position. DDD Partners LLC’s holdings in Microsoft were worth $57,360,000 at the end of the most recent reporting period. Other large investors have also modified their holdings of the company.
Fiduciary Advisors Inc. purchased a new position in Microsoft during the 4th quarter worth approximately $38,000. IFS Advisors LLC boosted its position in shares of Microsoft by 53.
8% in the fourth 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 grew its holdings in shares of 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 Microsoft during the third quarter valued at $62,000. Finally, Kieckhefer Group LLC purchased a new stake in Microsoft in the 4th quarter worth about $141,000. 71.
13% of the stock is owned by institutional investors. Microsoft Price Performance NASDAQ:MSFT opened at $367.78 on Friday.
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 firm’s 50-day simple moving average is $388.
25 and its 200 day simple moving average is $412.73. The firm has a market cap of $2.
73 trillion, a price-to-earnings ratio of 29.61, a P/E/G ratio of 2.21 and a beta of 1.
00. Microsoft Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.
83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.
90%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 26.
73%. Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on the company. StockNews.
com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Scotiabank began coverage on shares of Microsoft in a research note on Thursday, March 20th. They issued a “sector outperform” rating and a $470.
00 price objective on the stock. Stifel Nicolaus decreased their target price on shares of Microsoft from $515.00 to $475.
00 and set a “buy” rating for the company in a research note on Friday, March 7th. Mizuho dropped their price target on shares of Microsoft from $510.00 to $500.
00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Finally, Piper Sandler reissued an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th.
Five investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $499.
97. Check Out Our Latest Stock Analysis on Microsoft 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.
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 ).
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