1 week Ago By Defense World Staff
Eubel Brady & Suttman Asset Management Inc. reduced its stake in Microsoft Co. (NASDAQ:MSFT – Free Report) by 0.
5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 40,939 shares of the software giant’s stock after selling 202 shares during the quarter. Microsoft accounts for 2.
3% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 19th largest position. Eubel Brady & Suttman Asset Management Inc.
’s holdings in Microsoft were worth $17,256,000 as of its most recent filing with the SEC. A number of other hedge funds have also recently made changes to their positions in the stock. Fiduciary Advisors Inc.
acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC grew its stake in shares of Microsoft by 53.8% in the fourth quarter.
IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management increased its position in shares of Microsoft by 144.4% during the fourth quarter.
Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft in the third quarter valued at $62,000.
Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the fourth quarter valued at $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.
Microsoft Trading Up 1.2 %Shares of Microsoft stock 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 P/E ratio of 31.
55, a PEG 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 fifty day moving average is $384.93 and its two-hundred day moving average is $411.
39. Microsoft (NASDAQ:MSFT – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.
23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter last year, the company earned $2.93 EPS. Analysts forecast that Microsoft Co.
will post 13.08 earnings per share for the current year. Microsoft Dividend AnnouncementThe business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th.
Stockholders of record on Thursday, May 15th will be paid 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 dividend payout ratio (DPR) is presently 26.73%. Analyst Upgrades and DowngradesMSFT has been the topic of several recent research reports.
Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Bank of America cut their target price on shares of Microsoft from $510.
00 to $480.00 and set a “buy” rating on the stock in a research note on Tuesday, April 15th. BMO Capital Markets decreased their price target 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. Piper Sandler dropped their price objective on shares of Microsoft from $520.
00 to $435.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $475.
00 price objective (down from $500.00) on shares of Microsoft in a research report on Monday, April 7th. Five equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock.
According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $493.89.
Get 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.See AlsoFive stocks we like better than MicrosoftOptions Trading – Understanding Strike PriceMarkets Think Robinhood Earnings Could Send the Stock UpBest Stocks Under $10.
00 Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Procter & Gamble (NYSE:PG) Pulls Back After Shaky GuidanceAT&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).
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