Vantage Financial Partners Ltd. Inc. grew its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 6.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,986 shares of the software giant’s stock after buying an additional 750 shares during the period. Microsoft makes up 2.1% of Vantage Financial Partners Ltd. Inc.’s portfolio, making the stock its 12th largest holding. Vantage Financial Partners Ltd. Inc.’s holdings in Microsoft were worth $4,004,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Wealth Enhancement & Preservation of GA LLC boosted its stake in Microsoft by 0.7% in the fourth quarter. Wealth Enhancement & Preservation of GA LLC now owns 4,995 shares of the software giant’s stock valued at $1,680,000 after acquiring an additional 34 shares in the last quarter. KB Financial Partners LLC boosted its position in shares of Microsoft by 0.5% in the 4th quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant’s stock worth $2,404,000 after purchasing an additional 35 shares in the last quarter. Valtinson Bruner Financial Planning LLC grew its stake in Microsoft by 0.9% during the 1st quarter. Valtinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant’s stock worth $1,186,000 after buying an additional 37 shares during the last quarter. Strategic Asset Management LLC increased its position in Microsoft by 5.9% during the 1st quarter. Strategic Asset Management LLC now owns 659 shares of the software giant’s stock valued at $203,000 after buying an additional 37 shares in the last quarter. Finally, Virginia Wealth Management Group Inc. raised its stake in Microsoft by 0.3% in the first quarter. Virginia Wealth Management Group Inc. now owns 12,676 shares of the software giant’s stock valued at $3,830,000 after buying an additional 37 shares during the last quarter. 69.99% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
MSFT has been the topic of several recent analyst reports. KeyCorp cut their price objective on shares of Microsoft from $373.00 to $330.00 and set an “overweight” rating on the stock in a report on Thursday, July 7th. Mizuho decreased their price target on Microsoft from $350.00 to $340.00 and set a “buy” rating for the company in a report on Tuesday, July 19th. The Goldman Sachs Group set a $365.00 price target on Microsoft in a research note on Wednesday, April 27th. Cowen reduced their price objective on shares of Microsoft from $330.00 to $320.00 and set an “outperform” rating for the company in a research report on Friday, July 22nd. Finally, UBS Group set a $330.00 price target on Microsoft in a research note on Monday, June 20th. Two analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $334.31.
Microsoft Price Performance
Shares of NASDAQ MSFT opened at $291.91 on Monday. The stock’s 50-day simple moving average is $264.33 and its 200-day simple moving average is $279.55. The firm has a market capitalization of $2.18 trillion, a PE ratio of 30.28, a price-to-earnings-growth ratio of 2.46 and a beta of 0.93. Microsoft Co. has a fifty-two week low of $241.51 and a fifty-two week high of $349.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78.
Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same quarter in the previous year, the company posted $2.17 EPS. As a group, equities research analysts forecast that Microsoft Co. will post 10.14 EPS for the current fiscal year.
Microsoft Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 0.85%. The ex-dividend date is Wednesday, August 17th. Microsoft’s dividend payout ratio (DPR) is 25.73%.
Microsoft Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.
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