Microsoft Co. (NASDAQ:MSFT) Position Boosted by Marino Stram & Associates LLC

Marino Stram & Associates LLC increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,297 shares of the software giant’s stock after purchasing an additional 114 shares during the quarter. Microsoft accounts for 1.8% of Marino Stram & Associates LLC’s investment portfolio, making the stock its 9th biggest position. Marino Stram & Associates LLC’s holdings in Microsoft were worth $8,134,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Christopher J. Hasenberg Inc grew its holdings in Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares during the last quarter. IFS Advisors LLC grew its holdings in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares during the last quarter. Quarry LP bought a new stake in Microsoft in the 2nd quarter worth $45,000. Avondale Wealth Management grew its holdings in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in Microsoft in the 3rd quarter worth $62,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 0.9 %

Shares of Microsoft stock opened at $393.31 on Monday. 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 capitalization of $2.92 trillion, a PE ratio of 31.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35. The company has a 50-day simple moving average of $416.40 and a two-hundred day simple moving average of $421.85.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 period in the previous year, the firm earned $2.93 earnings per share. On average, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Loop Capital raised their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Morgan Stanley cut their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. UBS Group cut their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $509.54.

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.