Venturi Wealth Management LLC Has $41.58 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Venturi Wealth Management LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 9.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 98,653 shares of the software giant's stock after purchasing an additional 8,364 shares during the period. Microsoft makes up approximately 2.0% of Venturi Wealth Management LLC's holdings, making the stock its 10th largest position. Venturi Wealth Management LLC's holdings in Microsoft were worth $41,582,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MSFT. WFA Asset Management Corp boosted its stake in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its position in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after acquiring an additional 38 shares in the last quarter. AMF Tjanstepension AB raised its holdings in Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after acquiring an additional 49,735 shares during the last quarter. Discipline Wealth Solutions LLC boosted its stake in Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after purchasing an additional 2,138 shares during the last quarter. Finally, Swedbank AB raised its stake in shares of Microsoft by 0.4% in the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after purchasing an additional 49,288 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

MSFT has been the subject of several research analyst reports. Wedbush reduced their price objective on Microsoft from $550.00 to $475.00 and set an "outperform" rating for the company in a report on Thursday, April 10th. Wells Fargo & Company dropped their target price on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Tigress Financial boosted their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. DA Davidson upgraded Microsoft from a "neutral" rating to a "buy" rating and raised their price target for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Finally, Loop Capital upped their price objective on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, December 23rd. Five research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $499.97.

Microsoft Trading Down 1.0 %

MSFT stock opened at $367.78 on Monday. The company has a market capitalization of $2.73 trillion, a price-to-earnings ratio of 29.61, 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 1-year low of $344.79 and a 1-year high of $468.35. The business has a 50 day simple moving average of $388.25 and a two-hundred day simple moving average of $412.70.

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

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.90%. Microsoft's dividend payout ratio (DPR) is 26.73%.

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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