1 week Ago By ABMN Staff
Leuthold Group LLC lowered its position in Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 54,619 shares of the software giant’s stock after selling 1,970 shares during the quarter. Microsoft makes up about 2.8% of Leuthold Group LLC’s portfolio, making the stock its biggest position.
Leuthold Group LLC’s holdings in Microsoft were worth $23,022,000 at the end of the most recent reporting period. Other institutional investors also recently bought and sold shares of the company. BCK Partners Inc.
raised its stake in shares of Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc.
now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares during the last quarter. Muirfield Wealth Advisors LLC raised its position in Microsoft by 0.5% during the fourth quarter.
Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after acquiring an additional 24 shares in the last quarter. Retirement Financial Solutions LLC lifted its holdings in 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 acquiring an additional 24 shares during the period. Sequent Asset Management LLC boosted its position in Microsoft by 1.3% in the 3rd quarter.
Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after purchasing an additional 25 shares in the last quarter. Finally, Cypress Point Wealth Management LLC grew its stake in shares of Microsoft by 0.8% during the 3rd quarter.
Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after purchasing an additional 25 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets MSFT has been the subject of several analyst reports. BMO Capital Markets decreased their target price on shares of Microsoft from $490.00 to $470.
00 and set an “outperform” rating for the company in a research note on Wednesday, April 16th. Morgan Stanley decreased 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. KeyCorp restated a “sector weight” rating on shares of Microsoft in a research report on Thursday, April 17th. Bank of America lowered their price target on Microsoft from $510.
00 to $480.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Finally, Westpark Capital began coverage on shares of Microsoft in a research note on Tuesday, April 1st.
They issued a “hold” rating on the stock. Five analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $493.
89. Microsoft Stock Up 1.2 % Shares of NASDAQ: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 company has a quick ratio of 1.
34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.
The business has a fifty day moving average of $384.93 and a two-hundred day moving average of $411.39.
The stock has a market cap of $2.91 trillion, a P/E ratio of 31.55, a PEG ratio of 2.
21 and a beta of 1.00. Microsoft ( NASDAQ:MSFT – Get Free Report ) last announced its quarterly earnings data on Wednesday, January 29th.
The software giant reported $3.23 earnings per share (EPS) for the quarter, beating 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 company earned $2.93 earnings per share.
On average, research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.
Microsoft Announces Dividend 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 given a dividend of $0.83 per share.
This represents a $3.32 annualized dividend and a dividend yield of 0.85%.
The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is presently 26.73%.
Microsoft 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 More Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.
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