Generali Investments Towarzystwo Funduszy Inwestycyjnych Boosts Stock Position in Microsoft Co. (NASDAQ:MSFT)

Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,970 shares of the software giant's stock after buying an additional 1,960 shares during the period. Microsoft comprises about 4.4% of Generali Investments Towarzystwo Funduszy Inwestycyjnych's holdings, making the stock its 2nd largest position. Generali Investments Towarzystwo Funduszy Inwestycyjnych's holdings in Microsoft were worth $7,574,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Muirfield Wealth Advisors LLC boosted its stake in Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after purchasing an additional 24 shares during the last quarter. Retirement Financial Solutions LLC lifted its stake in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after acquiring an additional 24 shares in the last quarter. Sequent Asset Management LLC boosted its holdings in Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock worth $853,000 after acquiring an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC grew its stake in shares of 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 acquiring an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC raised its holdings in shares of Microsoft by 0.6% in the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock valued at $1,941,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on MSFT. JPMorgan Chase & Co. increased their price objective on shares of Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a research note on Thursday. Wells Fargo & Company lifted their target price on Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a research note on Thursday. Jefferies Financial Group raised their price objective on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Mizuho lifted their price target on shares of Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday. Six analysts have rated the stock with a hold rating and thirty have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $507.77.

Microsoft Trading Up 0.2 %

Microsoft stock traded up $0.89 during trading hours on Monday, reaching $436.17. The company had a trading volume of 20,112,843 shares, compared to its average volume of 21,367,112. The firm has a market cap of $3.24 trillion, a price-to-earnings ratio of 35.12, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. 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 50-day moving average price of $384.93 and a 200 day moving average price of $411.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.94 EPS. Equities analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. Microsoft's dividend payout ratio is currently 25.66%.

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.