AM Investment Strategies LLC Has $6.07 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

AM Investment Strategies LLC cut its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,410 shares of the software giant's stock after selling 1,007 shares during the quarter. Microsoft makes up 1.5% of AM Investment Strategies LLC's investment portfolio, making the stock its 15th biggest holding. AM Investment Strategies LLC's holdings in Microsoft were worth $6,074,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MSFT. Geode Capital Management LLC raised its stake in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Microsoft by 4.1% during 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 worth $23,490,417,000 after purchasing 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 buying an additional 652,493 shares during the last quarter. International Assets Investment Management LLC increased its stake in Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after buying an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. raised its position in Microsoft by 1.1% during 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. Institutional investors and hedge funds own 71.13% of the company's stock.

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Analyst Ratings Changes

Several analysts have recently weighed in on MSFT shares. Wedbush reaffirmed an "outperform" rating and issued a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Morgan Stanley dropped their target price on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Loop Capital raised their price target on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. DA Davidson upgraded Microsoft from a "neutral" rating to a "buy" rating and lifted their price target for the company from $425.00 to $450.00 in a research note on Thursday. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $510.43.

Microsoft Stock Up 2.6 %

NASDAQ:MSFT traded up $9.79 during trading hours on Friday, hitting $388.56. The stock had a trading volume of 19,927,063 shares, compared to its average volume of 23,347,061. The business has a 50 day simple moving average of $413.12 and a two-hundred day simple moving average of $420.77. Microsoft Co. has a 1-year low of $376.91 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. The company has a market cap of $2.89 trillion, a PE ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

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, beating 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 period in the prior year, the company earned $2.93 earnings per share. Analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is currently 26.73%.

Microsoft Company Profile

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.