V2 Financial group LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 64.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,403 shares of the software giant’s stock after buying an additional 943 shares during the period. Microsoft accounts for approximately 0.6% of V2 Financial group LLC’s holdings, making the stock its 25th biggest holding. V2 Financial group LLC’s holdings in Microsoft were worth $1,013,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC raised its holdings in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management lifted its position 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 during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $141,000. Institutional investors own 71.13% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the stock. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Jefferies Financial Group restated a “buy” rating and issued a $475.00 price target (down from $500.00) on shares of Microsoft in a research report on Monday. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. UBS Group decreased their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Finally, Tigress Financial increased their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus target price of $508.00.
Microsoft Trading Down 0.9 %
NASDAQ MSFT opened at $354.56 on Wednesday. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock’s 50 day moving average price is $393.94 and its two-hundred day moving average price is $415.52. The stock has a market capitalization of $2.64 trillion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.21 and a beta of 1.00.
Microsoft (NASDAQ:MSFT – Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 in the previous year, the business earned $2.93 earnings per share. As a group, analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.
Microsoft Announces Dividend
The business 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 $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio 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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