1 week Ago By Defense World Staff
Dividend Assets Capital LLC raised its position in Microsoft Co. (NASDAQ:MSFT – Free Report) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The firm owned 79,311 shares of the software giant’s stock after buying an additional 1,710 shares during the quarter. Microsoft comprises about 6.5% of Dividend Assets Capital LLC’s portfolio, making the stock its largest position.
Dividend Assets Capital LLC’s holdings in Microsoft were worth $33,430,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. WFA Asset Management Corp lifted its stake in Microsoft by 27.
0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC.
increased its holdings in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC.
now owns 12,658 shares of the software giant’s stock worth $5,658,000 after buying an additional 38 shares in the last quarter. AMF Tjanstepension AB lifted its stake in shares of Microsoft by 1.8% in the 3rd quarter.
AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after acquiring an additional 49,735 shares during the last quarter. Discipline Wealth Solutions LLC boosted its holdings in shares of Microsoft by 410.4% during the 3rd quarter.
Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after acquiring an additional 2,138 shares in the last quarter. Finally, Swedbank AB boosted its holdings in shares of Microsoft by 0.4% during the 3rd quarter.
Swedbank AB now owns 13,689,356 shares of the software giant’s stock valued at $5,890,530,000 after acquiring an additional 49,288 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.
Microsoft Stock PerformanceShares of MSFT stock opened at $391.85 on Friday. The company has a current ratio of 1.
35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.
The firm has a fifty day simple moving average of $384.93 and a two-hundred day simple moving average of $411.39.
Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.
35. The firm has a market capitalization of $2.91 trillion, a PE ratio of 31.
55, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 posted $2.
93 EPS. Analysts forecast that Microsoft Co. will post 13.
08 EPS for the current fiscal year. Microsoft Dividend AnnouncementThe business 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.
32 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio (DPR) is currently 26.
73%. Wall Street Analyst Weigh InSeveral equities analysts have commented on the company. Piper Sandler dropped their target price on Microsoft from $520.
00 to $435.00 and set an “overweight” rating for the company in a research report on Wednesday. The Goldman Sachs Group dropped their price objective on shares of Microsoft from $500.
00 to $450.00 and set a “buy” rating for the company in a report on Thursday. Barclays reduced their target price on shares of Microsoft from $475.
00 to $430.00 and set an “overweight” rating on the stock in a report on Monday, April 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $509.
00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th.
Five investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $493.
89.Read Our Latest Research Report on MicrosoftMicrosoft Company 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.
Read MoreFive stocks we like better than MicrosoftWhat is Short Interest? How to Use ItMarkets Think Robinhood Earnings Could Send the Stock UpWhat is MarketRank? How to Use itChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Using the MarketBeat Dividend Tax CalculatorAT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
