Leisure Capital Management lifted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 7.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 24,427 shares of the software giant's stock after purchasing an additional 1,729 shares during the period. Microsoft comprises 4.0% of Leisure Capital Management's holdings, making the stock its 4th biggest position. Leisure Capital Management's holdings in Microsoft were worth $10,296,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in shares of 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 in the last quarter. Assenagon Asset Management S.A. lifted its position in Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after acquiring an additional 4,568,539 shares during the last quarter. 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 in the last quarter. Baillie Gifford & Co. grew its holdings in Microsoft by 46.1% in the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position 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 in the last quarter. 71.13% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Mizuho cut their price objective on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research report on Friday, January 24th. Finally, StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $508.86.
View Our Latest Stock Report on MSFT
Microsoft Price Performance
Shares of NASDAQ:MSFT traded down $3.41 during trading on Monday, reaching $375.39. 35,114,161 shares of the company's stock traded hands, compared to its average volume of 20,581,628. The firm has a market cap of $2.79 trillion, a PE ratio of 30.22, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a fifty-two week low of $367.31 and a fifty-two week high of $468.35. 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 company has a 50-day simple moving average of $405.52 and a 200-day simple moving average of $419.10.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 business posted $2.93 earnings per share. As a group, analysts predict that Microsoft Co. will post 13.08 earnings per share 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. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. Microsoft's dividend payout ratio (DPR) is 26.73%.
About Microsoft
(
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.
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