1 week Ago By Defense World Staff
Kennon Green & Company LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 6,719 shares of the software giant’s stock after selling 202 shares during the quarter. Microsoft comprises 2.4% of Kennon Green & Company LLC’s holdings, making the stock its 14th biggest position.
Kennon Green & Company LLC’s holdings in Microsoft were worth $2,832,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors also recently bought and sold shares of MSFT. Fiduciary Advisors Inc.
acquired a new stake in shares of Microsoft in the 4th quarter worth $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% in the fourth quarter.
IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares during the last quarter. Avondale Wealth Management boosted its holdings in Microsoft by 144.4% in the fourth quarter.
Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the third quarter worth about $62,000.
Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft during the fourth quarter valued at about $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.
Microsoft Price PerformanceShares of Microsoft stock opened at $391.85 on Friday. The firm has a market cap 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 business has a 50-day moving average price of $384.93 and a 200 day moving average price of $411.
39. The company has a quick ratio of 1.34, a current ratio of 1.
35 and a debt-to-equity ratio of 0.13. Microsoft Co.
has a twelve month low of $344.79 and a twelve month high of $468.35.
Microsoft (NASDAQ:MSFT – Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 prior year, the business posted $2.
93 earnings per share. Sell-side analysts predict that Microsoft Co. will post 13.
08 earnings per share for the current fiscal year. Microsoft Dividend AnnouncementThe business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.
83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.
32 annualized dividend and a dividend yield of 0.85%. Microsoft’s dividend payout ratio (DPR) is 26.
73%. Wall Street Analysts Forecast GrowthA number of research firms recently commented on MSFT. Tigress Financial lifted their target price on shares of Microsoft from $550.
00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $425.
00 to $450.00 in a report on Thursday, March 13th. StockNews.
com downgraded Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Jefferies Financial Group reaffirmed a “buy” rating and set a $475.00 price target (down previously from $500.
00) on shares of Microsoft in a research report on Monday, April 7th. Finally, Bank of America cut their price objective on Microsoft from $510.00 to $480.
00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $493.
89.Check Out Our Latest Report on MSFTMicrosoft 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.
See AlsoFive stocks we like better than MicrosoftHow to trade penny stocks: A step-by-step guideMarkets Think Robinhood Earnings Could Send the Stock Up10 Best Airline Stocks to BuyChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?What is a Bond Market Holiday? How to Invest and TradeAT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant 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).
.
