2 weeks Ago By ABMN Staff
Pathway Financial Advisors LLC lessened its position in shares of Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 1.1% during the fourth quarter, HoldingsChannel reports.
The institutional investor owned 6,318 shares of the software giant’s stock after selling 71 shares during the quarter. Microsoft accounts for about 0.6% of Pathway Financial Advisors LLC’s holdings, making the stock its 25th biggest position.
Pathway Financial Advisors LLC’s holdings in Microsoft were worth $2,663,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently made changes to their positions in MSFT. Geode Capital Management LLC grew its holdings in Microsoft by 2.
0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of 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 valued at $23,490,417,000 after acquiring an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc.
raised its holdings in Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc.
now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after acquiring an additional 652,493 shares during the last quarter. Franklin Resources Inc. boosted its stake in Microsoft by 1.
1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after buying an additional 406,940 shares during the last quarter.
Finally, Fisher Asset Management LLC increased its holdings in shares of Microsoft by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant’s stock worth $12,007,285,000 after buying an additional 636,713 shares during the last quarter.
Hedge funds and other institutional investors own 71.13% of the company’s stock. Microsoft Stock Down 1.
0 % NASDAQ MSFT opened at $367.78 on Friday. The company has a market capitalization of $2.
73 trillion, a price-to-earnings ratio of 29.61, a PEG ratio of 2.21 and a beta of 1.
00. The stock’s 50 day moving average is $388.25 and its two-hundred day moving average is $412.
73. Microsoft Co. has a 1-year low of $344.
79 and a 1-year 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.
Microsoft Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend.
This represents a $3.32 annualized dividend and a yield of 0.90%.
The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is presently 26.73%.
Wall Street Analysts Forecast Growth A number of research firms have recently issued reports on MSFT. Stifel Nicolaus lowered their target price on Microsoft from $515.00 to $475.
00 and set a “buy” rating for the company in a research note on Friday, March 7th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and increased their price objective for the company from $425.00 to $450.
00 in a research report on Thursday, March 13th. Morgan Stanley decreased their target price on shares of Microsoft from $530.00 to $472.
00 and set an “overweight” rating for the company in a research note on Wednesday. Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.
00 and gave the company a “buy” rating in a report on Thursday, March 20th. Finally, Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Five equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company.
Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $499.97. View Our Latest Stock Report on Microsoft 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. 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.
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