2 weeks Ago By Defense World Staff
Rogco LP decreased its holdings in Microsoft Co. (NASDAQ:MSFT – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 11,880 shares of the software giant’s stock after selling 107 shares during the period. Microsoft comprises approximately 2.0% of Rogco LP’s holdings, making the stock its 13th largest holding.
Rogco LP’s holdings in Microsoft were worth $5,007,000 as of its most recent SEC filing. A number of other large investors have also recently made changes to their positions in the stock. BCK Partners Inc.
lifted its position in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc.
now owns 1,353 shares of the software giant’s stock valued at $582,000 after acquiring an additional 24 shares during the period. Muirfield Wealth Advisors LLC increased its stake in shares of Microsoft by 0.5% during the fourth 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 in the last quarter. Sequent Asset Management LLC lifted its holdings in shares of Microsoft by 1.3% during the third quarter.
Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after purchasing an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC boosted its position in shares of Microsoft by 0.8% in the 3rd 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. Finally, Riverstone Advisors LLC grew its stake in shares of Microsoft by 0.6% in the 3rd quarter.
Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.
Microsoft Stock PerformanceMSFT stock opened at $367.78 on Friday. Microsoft Co.
has a twelve month low of $344.79 and a twelve month high of $468.35.
The firm has a market cap 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 business’s fifty day simple moving average is $388.
25 and its two-hundred 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 posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate 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 period in the prior year, the firm posted $2.
93 EPS. Analysts predict that Microsoft Co. will post 13.
08 earnings per share for the current year. Microsoft Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.
83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.
32 annualized dividend and a yield of 0.90%. Microsoft’s dividend payout ratio (DPR) is currently 26.
73%. Wall Street Analysts Forecast GrowthA number of research firms have recently commented on MSFT. Loop Capital increased their price target on shares of Microsoft from $500.
00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th.
Scotiabank began coverage on shares of Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price target on the stock.
UBS Group decreased their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research note on Monday, April 14th.
Finally, DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $425.00 to $450.00 in a report on Thursday, March 13th.
Five investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $499.97.
Check Out Our Latest Stock Analysis on MicrosoftMicrosoft 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 ArticlesFive stocks we like better than Microsoft3 Must-Buy Warren Buffett Stocks for Volatile TimesJ.
B. Hunt Transport Overcorrects Into a Buying OpportunityInvesting in the High PE Growth Stocks AppLovin: Can Record Profits Overcome Market Skepticism?Diversification Can Smooth Returns And Mitigate Portfolio RiskMarketBeat 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)..
