1 week Ago By Defense World Staff
Peregrine Asset Advisers Inc. trimmed its position in Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 6.
0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,438 shares of the software giant’s stock after selling 1,564 shares during the quarter. Microsoft accounts for 3.
8% of Peregrine Asset Advisers Inc.’s holdings, making the stock its 2nd biggest holding. Peregrine Asset Advisers Inc.
’s holdings in Microsoft were worth $10,301,000 at the end of the most recent reporting period. Several other large investors have also recently added to or reduced their stakes in MSFT. Passumpsic Savings Bank grew its stake in shares of Microsoft by 3.
7% in the fourth quarter. Passumpsic Savings Bank now owns 2,937 shares of the software giant’s stock valued at $1,238,000 after acquiring an additional 105 shares in the last quarter. Drum Hill Capital LLC bought a new stake in Microsoft in the 4th quarter valued at about $1,918,000.
Hudson Edge Investment Partners Inc. grew its position in shares of Microsoft by 5.1% during the 4th quarter.
Hudson Edge Investment Partners Inc. now owns 533 shares of the software giant’s stock worth $225,000 after purchasing an additional 26 shares in the last quarter. Dahring Cusmano LLC bought a new position in shares of Microsoft during the fourth quarter worth approximately $976,000.
Finally, Blackston Financial Advisory Group LLC raised its position in shares of Microsoft by 9.2% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 11,255 shares of the software giant’s stock valued at $4,744,000 after buying an additional 949 shares in the last quarter.
Institutional investors own 71.13% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts recently issued reports on the company.
DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and increased their price target for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th.
Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Wednesday. Piper Sandler dropped their price target on Microsoft from $520.00 to $435.
00 and set an “overweight” rating for the company in a research note on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th.
Finally, The Goldman Sachs Group dropped their target price on shares of Microsoft from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday.
Five research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $493.89.
Microsoft Trading Up 1.2 % NASDAQ MSFT opened at $391.85 on Friday.
Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.
35. The company has a current ratio of 1.35, a quick ratio of 1.
34 and a debt-to-equity ratio of 0.13. The firm 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. The business’s 50-day moving average price is $384.93 and its two-hundred day moving average price is $411.
39. Microsoft ( NASDAQ:MSFT – Get Free Report ) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.
23 EPS for the quarter, beating 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 previous year, the firm earned $2.93 EPS. On average, analysts expect that Microsoft Co.
will post 13.08 EPS for the current year. Microsoft Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th.
Shareholders 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 dividend on an annualized basis and a yield of 0.85%.
Microsoft’s dividend payout ratio (DPR) is currently 26.73%. Microsoft 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 Articles Five stocks we like better than Microsoft REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today Markets Think Robinhood Earnings Could Send the Stock Up Manufacturing Stocks Investing Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? How to Calculate Options Profits AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround 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.
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