Microsoft Co. (NASDAQ:MSFT) Shares Bought by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,042 shares of the software giant’s stock after buying an additional 585 shares during the quarter. Microsoft comprises approximately 2.1% of Raleigh Capital Management Inc.’s investment portfolio, making the stock its 5th largest holding. Raleigh Capital Management Inc.’s holdings in Microsoft were worth $5,497,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. BCK Partners Inc. lifted its position in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares during the period. Global Wealth Strategies & Associates increased its holdings in shares of Microsoft by 0.8% during the third quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after acquiring an additional 25 shares in the last quarter. Christopher J. Hasenberg Inc increased its holdings in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares in the last quarter. Sequent Asset Management LLC increased its holdings in shares of Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after acquiring an additional 25 shares in the last quarter. Finally, Cypress Point Wealth Management LLC increased its holdings in Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on MSFT shares. Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday. Wedbush reiterated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a report on Tuesday, November 19th. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Finally, UBS Group cut their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

Microsoft Stock Down 3.3 %

Shares of Microsoft stock opened at $380.16 on Tuesday. The business has a 50-day moving average of $415.50 and a 200-day moving average of $421.54. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market capitalization of $2.83 trillion, a PE ratio of 30.61, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 1-year low of $377.22 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly 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 EPS. As a group, equities analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

About Microsoft

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.