2 weeks Ago By Defense World Staff
Americana Partners LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 284.7% in the 4th quarter, according to its most recent disclosure with the SEC.
The fund owned 416,782 shares of the software giant’s stock after purchasing an additional 308,429 shares during the period. Microsoft makes up approximately 7.2% of Americana Partners LLC’s holdings, making the stock its largest position.
Americana Partners LLC’s holdings in Microsoft were worth $175,673,000 as of its most recent SEC filing. A number of other hedge funds have also recently made changes to their positions in MSFT. BCK Partners Inc.
raised its position in shares of Microsoft by 1.8% during the third 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 boosted its holdings in shares of Microsoft by 0.5% in the 4th quarter.
Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after purchasing an additional 24 shares during the period. Sequent Asset Management LLC raised its stake in shares of Microsoft by 1.3% in the third quarter.
Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after acquiring an additional 25 shares during the period. Cypress Point Wealth Management LLC boosted its position in shares of Microsoft by 0.8% during the third quarter.
Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after buying an additional 25 shares during the period. Finally, Riverstone Advisors LLC grew its position in Microsoft by 0.6% in the 3rd quarter.
Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock valued at $1,941,000 after acquiring an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors.
Microsoft Stock PerformanceShares of Microsoft stock opened at $367.78 on Friday. The firm has a market cap of $2.
73 trillion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 2.21 and a beta of 1.
00. Microsoft Co. has a 52 week low of $344.
79 and a 52 week high of $468.35. The business’s fifty day simple moving average is $388.
25 and its 200-day simple moving average is $412.73. 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 (NASDAQ:MSFT – Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter in the previous year, the firm earned $2.
93 earnings per share. Equities analysts forecast that Microsoft Co. will post 13.
08 earnings per share for the current year. Microsoft Dividend AnnouncementThe company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.
83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.
90%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.
73%. Analysts Set New Price TargetsSeveral research firms have commented on MSFT. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $425.
00 to $450.00 in a report on Thursday, March 13th. Westpark Capital initiated coverage on Microsoft in a research report on Tuesday, April 1st.
They set a “hold” rating on the stock. Mizuho dropped their price objective on shares of Microsoft from $510.00 to $500.
00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th.
Finally, Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Five research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to data from MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and an average price target of $499.97.Check Out 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.See AlsoFive stocks we like better than MicrosoftHow to Invest in Insurance Companies: A Guide J.B.
Hunt Transport Overcorrects Into a Buying OpportunityGrowth Investing: Should You Adopt This Investing Strategy in 2022?AppLovin: Can Record Profits Overcome Market Skepticism?How to Use Stock Screeners to Find StocksMarketBeat Week in Review – 04/14 – 04/18Want 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).
.
