Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 18,763 shares of the software giant’s stock after buying an additional 152 shares during the period. Microsoft makes up about 1.5% of Triasima Portfolio Management inc.’s investment portfolio, making the stock its 19th largest position. Triasima Portfolio Management inc.’s holdings in Microsoft were worth $7,909,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. purchased a new position in Microsoft in the 4th quarter worth approximately $38,000. IFS Advisors LLC boosted its stake 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 purchasing an additional 35 shares during the period. Avondale Wealth Management grew its holdings in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft during the 3rd quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the 4th quarter valued at about $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

MSFT opened at $359.84 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $359.48 and a twelve month high of $468.35. The business’s 50 day moving average is $399.08 and its 200-day moving average is $417.30. The stock has a market cap of $2.68 trillion, a PE ratio of 28.97, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the business earned $2.93 earnings per share. On average, analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

Analyst Ratings Changes

A number of analysts have recently issued reports on MSFT shares. Jefferies Financial Group dropped their target price on Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday, March 31st. Stifel Nicolaus cut their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Scotiabank began coverage on shares of Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price target for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Finally, Morgan Stanley decreased their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $508.86.

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.