1 week Ago By Defense World Staff
Greystone Financial Group LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 6.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The institutional investor owned 35,835 shares of the software giant’s stock after acquiring an additional 2,192 shares during the quarter. Microsoft makes up about 2.6% of Greystone Financial Group LLC’s portfolio, making the stock its 9th biggest position.
Greystone Financial Group LLC’s holdings in Microsoft were worth $15,104,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors and hedge funds have also made changes to their positions in MSFT. Assenagon Asset Management S.
A. lifted its holdings in shares of Microsoft by 76.6% during the 4th quarter.
Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after purchasing an additional 4,568,539 shares during the last quarter.
Geode Capital Management LLC increased its position in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter.
Baillie Gifford & Co. raised its stake in Microsoft by 46.1% in the third quarter.
Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after buying an additional 2,222,483 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Microsoft by 4.
1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after acquiring an additional 2,125,030 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of Microsoft by 43,900.
4% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,042,499 shares of the software giant’s stock valued at $860,913,000 after purchasing an additional 2,037,857 shares during the last quarter. 71.
13% of the stock is currently owned by hedge funds and other institutional investors. Microsoft Trading Up 1.2 %Shares of MSFT stock opened at $391.
85 on Friday. Microsoft Co. has a 1-year low of $344.
79 and a 1-year high of $468.35. The company has a market cap of $2.
91 trillion, a price-to-earnings ratio of 31.55, a PEG ratio of 2.21 and a beta of 1.
00. 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 stock has a 50 day simple moving average of $384.
93 and a 200-day simple moving average of $411.39. Microsoft (NASDAQ:MSFT – Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th.
The software giant reported $3.23 earnings per share for the quarter, topping 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 quarter in the previous year, the firm earned $2.93 earnings per share.
On average, equities research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.
Microsoft Announces DividendThe business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend.
This represents a $3.32 dividend on an annualized basis and a yield of 0.85%.
The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.
Wall Street Analysts Forecast GrowthSeveral equities research analysts have recently commented on MSFT shares. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th.
Mizuho lowered their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th.
BMO Capital Markets cut their price objective on Microsoft from $490.00 to $470.00 and set an “outperform” rating on the stock in a report on Wednesday, April 16th.
Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th.
Finally, Bank of America dropped their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th.
Five analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $493.89.
Get Our Latest Analysis on MSFTMicrosoft 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.Featured ArticlesFive stocks we like better than MicrosoftDifferences Between Momentum Investing and Long Term Investing Markets Think Robinhood Earnings Could Send the Stock UpWhat Does a Stock Split Mean? Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?What is Forex and How Does it Work? AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
