1 week Ago By Defense World Staff
Leuthold Group LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT – Free Report) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 54,619 shares of the software giant’s stock after selling 1,970 shares during the period. Microsoft makes up approximately 2.8% of Leuthold Group LLC’s holdings, making the stock its largest position.
Leuthold Group LLC’s holdings in Microsoft were worth $23,022,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fiduciary Advisors Inc.
purchased a new position in shares of Microsoft during the 4th quarter worth $38,000. IFS Advisors LLC raised its holdings in Microsoft by 53.8% in the 4th quarter.
IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management lifted its position in 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 Microsoft during the third quarter valued at about $62,000.
Finally, Kieckhefer Group LLC purchased a new stake in Microsoft in the fourth quarter worth about $141,000. 71.13% of the stock is owned by institutional investors.
Microsoft Stock PerformanceMicrosoft stock opened at $391.85 on Friday. The company has a debt-to-equity ratio of 0.
13, a current ratio of 1.35 and a quick ratio of 1.34.
The firm has a market capitalization of $2.91 trillion, a P/E ratio of 31.55, a price-to-earnings-growth ratio of 2.
21 and a beta of 1.00. Microsoft Co.
has a 1-year low of $344.79 and a 1-year high of $468.35.
The company’s 50-day moving average is $384.93 and its 200 day moving average is $411.39.
Microsoft (NASDAQ:MSFT – Get Free Report) last issued its quarterly 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 period in the prior year, the business earned $2.
93 EPS. Research analysts forecast that Microsoft Co. will post 13.
08 EPS for the current year. Microsoft Announces DividendThe firm 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 dividend of $0.
83 per share. The ex-dividend date 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 Analyst Weigh InA number of brokerages recently issued reports on MSFT. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.
00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. BMO Capital Markets lowered their target price on shares of Microsoft from $490.00 to $470.
00 and set an “outperform” rating on the stock in a research note on Wednesday, April 16th. Bank of America cut their price target on Microsoft from $510.00 to $480.
00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. KeyCorp restated a “sector weight” rating on shares of Microsoft in a research report on Thursday, April 17th. Finally, UBS Group reduced their price objective on shares of Microsoft from $510.
00 to $480.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock.
Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $493.89.Read Our Latest Research Report on MicrosoftAbout Microsoft (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 a Special Dividend?Markets Think Robinhood Earnings Could Send the Stock UpHow to Short a Stock in 5 Easy Steps Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Stock Trading Terms – Stock Terms Every Investor Needs to KnowAT&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)..
