Mitsubishi UFJ Asset Management UK Ltd. Has $10.88 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Mitsubishi UFJ Asset Management UK Ltd. boosted its position in Microsoft Co. (NASDAQ:MSFT) by 66.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,800 shares of the software giant’s stock after purchasing an additional 10,300 shares during the period. Microsoft makes up approximately 4.8% of Mitsubishi UFJ Asset Management UK Ltd.’s investment portfolio, making the stock its 4th biggest holding. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Microsoft were worth $10,875,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MSFT. Net Worth Advisory Group purchased a new position in shares of Microsoft during the third quarter worth approximately $2,645,000. Oak Ridge Investments LLC increased its position in shares of Microsoft by 7.6% during the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after acquiring an additional 18,544 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of Microsoft by 1.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock worth $882,816,000 after acquiring an additional 31,401 shares during the period. Jacobs & Co. CA increased its position in shares of Microsoft by 0.9% during the third quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock worth $41,318,000 after acquiring an additional 880 shares during the period. Finally, Focus Financial Network Inc. increased its position in shares of Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after acquiring an additional 1,489 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.03% of the company’s stock.

Microsoft Trading Down 0.9 %

NASDAQ:MSFT opened at $393.31 on Friday. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35. The firm has a fifty day simple moving average of $416.40 and a 200-day simple moving average of $421.87. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.92 trillion, a P/E ratio of 31.67, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data 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 prior year, the company earned $2.93 earnings per share. On average, equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MSFT. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Morgan Stanley cut their price objective 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. Loop Capital lifted their price objective on shares of 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 report on Friday, February 28th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $509.54.

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.