1 week Ago By Defense World Staff
Drum Hill Capital LLC bought a new stake in Microsoft Co. ( NASDAQ:MSFT – Free Report ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,550 shares of the software giant’s stock, valued at approximately $1,918,000.
Microsoft makes up 2.4% of Drum Hill Capital LLC’s investment portfolio, making the stock its 16th biggest holding. Several other hedge funds and other institutional investors also recently modified their holdings of MSFT.
BCK Partners Inc. lifted its position in Microsoft by 1.8% in the 3rd quarter.
BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after acquiring an additional 24 shares in the last quarter. Muirfield Wealth Advisors LLC raised its stake in shares of Microsoft by 0.
5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after purchasing an additional 24 shares during the last quarter. Retirement Financial Solutions LLC lifted its holdings in shares of Microsoft by 2.
3% in the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock valued at $443,000 after purchasing an additional 24 shares in the last quarter. Sequent Asset Management LLC grew its holdings in Microsoft by 1.
3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after buying an additional 25 shares in the last quarter. Finally, Cypress Point Wealth Management LLC raised its position in Microsoft by 0.
8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after buying an additional 25 shares during the last quarter. Institutional investors own 71.
13% of the company’s stock. Analyst Upgrades and Downgrades MSFT has been the subject of several recent analyst reports. Piper Sandler reduced their target price on shares of Microsoft from $520.
00 to $435.00 and set an “overweight” rating for the company in a research note on Wednesday. Morgan Stanley reduced 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. BMO Capital Markets dropped their target price on shares of Microsoft from $490.
00 to $470.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.
00 target price on shares of Microsoft in a report on Thursday, January 30th. Finally, Scotiabank started coverage on Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.
00 price target on the stock. Five investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to MarketBeat.
com, the company has an average rating of “Moderate Buy” and a consensus target price of $493.89. Microsoft Stock Performance Shares of MSFT opened at $391.
85 on Friday. Microsoft Co. has a 52-week low of $344.
79 and a 52-week high of $468.35. The stock’s 50-day simple moving average is $384.
93 and its 200 day simple moving average is $411.39. 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 stock has a market capitalization of $2.91 trillion, a price-to-earnings 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 announced its quarterly earnings results on Wednesday, January 29th.
The software giant reported $3.23 earnings per share 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 quarter in the previous year, the firm earned $2.93 EPS.
Research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.
Microsoft Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend.
The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.
85%. Microsoft’s payout ratio is currently 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. See Also Five stocks we like better than Microsoft The 3 Best Fintech Stocks to Buy Now Markets Think Robinhood Earnings Could Send the Stock Up Why is the Ex-Dividend Date Significant to Investors? Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? Technology Stocks Explained: Here’s What to Know About Tech 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.
com's FREE daily email newsletter ..
