Microsoft Co. (NASDAQ:MSFT) is Romano Brothers AND Company’s 8th Largest Position

Romano Brothers AND Company lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,994 shares of the software giant’s stock after selling 182 shares during the quarter. Microsoft makes up approximately 2.2% of Romano Brothers AND Company’s holdings, making the stock its 8th biggest position. Romano Brothers AND Company’s holdings in Microsoft were worth $17,700,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MSFT. Kelly Financial Services LLC lifted its stake in shares of Microsoft by 1.5% during the 4th quarter. Kelly Financial Services LLC now owns 4,455 shares of the software giant’s stock valued at $1,878,000 after buying an additional 66 shares in the last quarter. Cadinha & Co. LLC raised its holdings in Microsoft by 0.7% during the fourth quarter. Cadinha & Co. LLC now owns 53,524 shares of the software giant’s stock valued at $22,560,000 after acquiring an additional 368 shares during the period. Clarius Group LLC lifted its position in shares of Microsoft by 1.1% in the fourth quarter. Clarius Group LLC now owns 313,283 shares of the software giant’s stock valued at $132,049,000 after acquiring an additional 3,259 shares in the last quarter. Oak Ridge Investments LLC raised its position in shares of Microsoft by 6.0% during the fourth quarter. Oak Ridge Investments LLC now owns 279,468 shares of the software giant’s stock valued at $117,796,000 after buying an additional 15,934 shares during the last quarter. Finally, GenWealth Group Inc. lifted its stake in Microsoft by 2.7% in the 4th quarter. GenWealth Group Inc. now owns 1,384 shares of the software giant’s stock worth $583,000 after purchasing an additional 36 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSFT has been the subject of several research reports. Stifel Nicolaus increased their price objective on shares of Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Piper Sandler reiterated an “overweight” rating and set a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Loop Capital increased their price objective on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday. Four investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $510.96.

Microsoft Trading Down 2.1 %

NASDAQ:MSFT opened at $388.49 on Tuesday. The stock has a 50-day simple moving average of $419.75 and a 200-day simple moving average of $422.59. 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 has a market cap of $2.89 trillion, a P/E ratio of 31.28, a P/E/G ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 1 year low of $385.58 and a 1 year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data 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 quarter in the previous year, the business posted $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.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the transaction, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

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.