1 week Ago By ABMN Staff
Blackston Financial Advisory Group LLC grew its stake in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 9.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 11,255 shares of the software giant’s stock after acquiring an additional 949 shares during the period. Microsoft comprises approximately 2.4% of Blackston Financial Advisory Group LLC’s holdings, making the stock its 12th biggest position.
Blackston Financial Advisory Group LLC’s holdings in Microsoft were worth $4,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds and other institutional investors also recently modified their holdings of MSFT. BCK Partners Inc.
grew its holdings in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc.
now owns 1,353 shares of the software giant’s stock worth $582,000 after acquiring an additional 24 shares during the period. Muirfield Wealth Advisors LLC lifted its stake 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 valued at $1,866,000 after purchasing an additional 24 shares during the period. Retirement Financial Solutions LLC boosted its position in shares of Microsoft by 2.3% during the 4th quarter.
Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock valued at $443,000 after purchasing an additional 24 shares in the last quarter. Sequent Asset Management LLC grew its stake in Microsoft by 1.3% during the third 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 during the period. Finally, Cypress Point Wealth Management LLC increased its holdings in Microsoft by 0.8% in the third 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 in the last quarter. Institutional investors own 71.13% of the company’s stock.
Microsoft Stock Performance NASDAQ MSFT opened at $391.85 on Friday. The company has a debt-to-equity ratio of 0.
13, a quick ratio of 1.34 and a current ratio of 1.35.
The company has a market capitalization of $2.91 trillion, a PE ratio of 31.55, 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 company has a 50-day simple moving average of $384.93 and a 200 day simple moving average of $411.39.
Microsoft Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share.
This represents a $3.32 annualized dividend and a yield of 0.85%.
The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.
Wall Street Analysts Forecast Growth Several brokerages have recently commented on MSFT. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th.
DA Davidson upgraded shares of Microsoft from a “neutral” rating to a “buy” rating and raised their price target for the stock from $425.00 to $450.00 in a report on Thursday, March 13th.
Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Mizuho cut their price objective on shares of Microsoft from $510.
00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, BMO Capital Markets decreased their target price on Microsoft from $490.
00 to $470.00 and set an “outperform” rating for the company in a research report on Wednesday, April 16th. Five 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.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $493.89.
Read Our Latest Analysis on Microsoft 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. Recommended Stories Want 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 ). Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.
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