AM Investment Strategies LLC Sells 1,007 Shares of Microsoft Co. (NASDAQ:MSFT)

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

A number of other large investors have also recently bought and sold shares of MSFT. Geode Capital Management LLC lifted its holdings in shares of Microsoft by 2.0% during the 3rd 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 raised its position in 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 worth $23,490,417,000 after purchasing an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Microsoft by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock worth $20,322,513,000 after purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in Microsoft by 1.1% during the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

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Microsoft Stock Performance

NASDAQ MSFT traded up $9.79 on Friday, hitting $388.56. 19,927,063 shares of the stock were exchanged, compared to its average volume of 23,347,061. The business's fifty day moving average is $412.43 and its 200 day moving average is $420.64. Microsoft Co. has a 52 week low of $376.91 and a 52 week high of $468.35. The company has a market capitalization of $2.89 trillion, a PE ratio of 31.29, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating 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 company posted $2.93 earnings per share. Research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared 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. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MSFT shares. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and increased their target price for the stock from $425.00 to $450.00 in a report on Thursday. Piper Sandler reiterated an "overweight" rating and set a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Morgan Stanley reduced their target price on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Stifel Nicolaus dropped their target price on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Finally, Loop Capital boosted their target price on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Three analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $510.43.

Microsoft 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.