Global X Japan Co. Ltd. Buys 9,924 Shares of Microsoft Co. (NASDAQ:MSFT)

Global X Japan Co. Ltd. increased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 13.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 82,451 shares of the software giant's stock after purchasing an additional 9,924 shares during the period. Microsoft accounts for about 4.3% of Global X Japan Co. Ltd.'s investment portfolio, making the stock its 9th biggest holding. Global X Japan Co. Ltd.'s holdings in Microsoft were worth $34,753,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Geode Capital Management LLC boosted its stake in Microsoft by 2.0% in 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 acquiring an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Microsoft by 4.1% in 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 worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 worth $20,322,513,000 after purchasing an additional 652,493 shares during the last quarter. International Assets Investment Management LLC boosted its position in Microsoft by 48,526.1% during 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 purchasing an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. grew its stake 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. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $359.84 on Friday. Microsoft Co. has a 52-week low of $359.48 and a 52-week high of $468.35. The stock has a market capitalization of $2.68 trillion, a price-to-earnings ratio of 28.97, a PEG ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock's fifty day simple moving average is $399.08 and its 200 day simple moving average is $417.40.

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Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 prior year, the firm posted $2.93 EPS. As a group, sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.92%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Loop Capital boosted 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. UBS Group reduced their target price on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Cantor Fitzgerald restated an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Piper Sandler reiterated an "overweight" rating and set a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, Mizuho lowered their target price on Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $508.86.

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.

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