1 week Ago By ABMN Staff
Hudson Edge Investment Partners Inc. lifted its position in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 5.
1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 533 shares of the software giant’s stock after purchasing an additional 26 shares during the period. Hudson Edge Investment Partners Inc.
’s holdings in Microsoft were worth $225,000 at the end of the most recent reporting period. Several other hedge funds also recently bought and sold shares of the company. Fiduciary Advisors Inc.
purchased a new position in Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% during the 4th quarter.
IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management grew its position 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 purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft in the third quarter worth about $62,000.
Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft during the 4th quarter worth approximately $141,000. Institutional investors own 71.13% of the company’s stock.
Microsoft Stock Performance Microsoft stock opened at $391.85 on Friday. 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 PE ratio of 31.55, a P/E/G ratio of 2.
21 and a beta of 1.00. The company has a 50 day moving average price of $384.
93 and a 200-day moving average price of $411.39. Microsoft Co.
has a fifty-two week low of $344.79 and a fifty-two week high of $468.35.
Microsoft Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 yield of 0.85%.
The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.
Analysts Set New Price Targets MSFT has been the subject of a number of recent research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th.
Mizuho dropped their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th.
Scotiabank initiated coverage on shares of Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock.
The Goldman Sachs Group dropped their price target on Microsoft from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday.
Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. Five investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company.
Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $493.89. Read Our Latest Report on MSFT 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. Recommended Stories 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 .
.
