Nan Fung Trinity HK Ltd. Invests $10.83 Million in Microsoft Co. (NASDAQ:MSFT)

Nan Fung Trinity HK Ltd. bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 25,700 shares of the software giant's stock, valued at approximately $10,833,000. Microsoft accounts for 2.2% of Nan Fung Trinity HK Ltd.'s investment portfolio, making the stock its 16th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. acquired a new position in Microsoft during the 4th quarter valued at about $38,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management increased its stake in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the third quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new position in Microsoft during the 4th quarter valued at $141,000. Institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on MSFT shares. Barclays cut their price objective on Microsoft from $475.00 to $430.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Mizuho reduced their price objective on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. UBS Group lowered their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Cantor Fitzgerald reissued an "overweight" rating and set a $509.00 target price on shares of Microsoft in a research note on Wednesday, January 29th. Finally, Piper Sandler decreased their price target on shares of Microsoft from $520.00 to $435.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Five investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $493.89.

Microsoft Stock Performance

Shares of MSFT stock opened at $391.85 on Monday. The firm has a market cap 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 debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The stock's 50-day moving average is $384.93 and its two-hundred day moving average is $411.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter last year, the firm earned $2.93 EPS. Analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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

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