1 week Ago By Defense World Staff
VisionPoint Advisory Group LLC cut its stake in Microsoft Co. (NASDAQ:MSFT – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 7,922 shares of the software giant’s stock after selling 373 shares during the quarter. Microsoft comprises approximately 1.1% of VisionPoint Advisory Group LLC’s holdings, making the stock its 19th largest holding.
VisionPoint Advisory Group LLC’s holdings in Microsoft were worth $3,316,000 at the end of the most recent reporting period. Other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Microsoft by 2.
0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Microsoft by 4.
1% during the 3rd 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 during the period. Charles Schwab Investment Management Inc.
grew its position 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. increased its stake in Microsoft by 1.
1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after purchasing an additional 406,940 shares during the period.
Finally, Fisher Asset Management LLC lifted its position in shares of Microsoft by 2.3% during the third quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant’s stock worth $12,007,285,000 after purchasing an additional 636,713 shares during the last quarter.
71.13% of the stock is owned by hedge funds and other institutional investors. Microsoft Trading Up 1.
2 %NASDAQ:MSFT opened at $391.85 on Friday. 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. 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 Co.
has a 12 month low of $344.79 and a 12 month high of $468.35.
The firm has a fifty day simple moving average of $384.93 and a 200-day simple moving average of $411.39.
Microsoft (NASDAQ:MSFT – Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 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 in the previous year, the company posted $2.
93 earnings per share. On average, equities research analysts anticipate that Microsoft Co. will post 13.
08 earnings per share for the current year. Microsoft Dividend AnnouncementThe firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued 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 0.85%. Microsoft’s dividend payout ratio (DPR) is presently 26.
73%. Analyst Upgrades and DowngradesA number of research firms have recently commented on MSFT. BMO Capital Markets cut their price target on shares of Microsoft from $490.
00 to $470.00 and set an “outperform” rating on the stock in a report on Wednesday, April 16th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.
00 target price on shares of Microsoft in a research report on Thursday, January 30th. Scotiabank assumed coverage on Microsoft in a report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.
00 price target for the company. Wells Fargo & Company reduced their price objective on Microsoft from $515.00 to $500.
00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Finally, Piper Sandler lowered their target price on Microsoft from $520.00 to $435.
00 and set an “overweight” rating for the company in a report on Wednesday. Five investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $493.
89.Get Our Latest Research Report on MSFTMicrosoft 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.
Further ReadingFive stocks we like better than MicrosoftStock Trading Terms – Stock Terms Every Investor Needs to KnowMarkets Think Robinhood Earnings Could Send the Stock UpWhat is a Microcap Stock? Everything You Need to Know Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Stock Average Calculator AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
