
Harvey Capital Management Inc. 出售了其持有的微软公司(NASDAQ:MSFT)的股票

Harvey Capital Management Inc. reduced its stake in Microsoft Co. (NASDAQ:MSFT) by 1.4% in Q4, now holding 58,080 shares valued at $24.48 million. Other institutional investors also adjusted their positions, with notable increases from Keener Financial Planning LLC and Avion Wealth. Microsoft has a market cap of $2.89 trillion and a current price of $388.45, with a consensus target price of $505.41. The company recently announced a quarterly dividend of $0.83 per share, payable on June 12.
Harvey Capital Management Inc. lessened its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,080 shares of the software giant's stock after selling 845 shares during the period. Microsoft accounts for 5.8% of Harvey Capital Management Inc.'s portfolio, making the stock its 5th largest holding. Harvey Capital Management Inc.'s holdings in Microsoft were worth $24,481,000 as of its most recent filing with the Securities & Exchange Commission.
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A number of other institutional investors also recently modified their holdings of MSFT. Keener Financial Planning LLC boosted its position in shares of Microsoft by 12.4% in the fourth quarter. Keener Financial Planning LLC now owns 2,974 shares of the software giant's stock valued at $1,253,000 after acquiring an additional 328 shares during the period. Retirement Guys Formula LLC boosted its position in shares of Microsoft by 2.6% during the 4th quarter. Retirement Guys Formula LLC now owns 3,923 shares of the software giant's stock valued at $1,653,000 after acquiring an additional 100 shares in the last quarter. Avion Wealth lifted its position in shares of Microsoft by 14.1% during the 4th quarter. Avion Wealth now owns 4,447 shares of the software giant's stock worth $1,874,000 after buying an additional 551 shares during the period. Marks Group Wealth Management Inc grew its holdings in shares of Microsoft by 2.2% in the 4th quarter. Marks Group Wealth Management Inc now owns 32,059 shares of the software giant's stock worth $13,513,000 after purchasing an additional 678 shares during the last quarter. Finally, Davidson Capital Management Inc. increased its position in shares of Microsoft by 4.9% during the 4th quarter. Davidson Capital Management Inc. now owns 8,007 shares of the software giant's stock worth $3,375,000 after purchasing an additional 372 shares in the last quarter. Institutional investors own 71.13% of the company's stock.
Analyst Ratings Changes
MSFT has been the subject of several research reports. Scotiabank assumed coverage on shares of Microsoft in a research report on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 price objective for the company. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Loop Capital upped their price target on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. Wedbush dropped their price target on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research report on Thursday. Finally, Piper Sandler reiterated an "overweight" rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Four research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus target price of $505.41.
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View Our Latest Research Report on Microsoft
Microsoft Trading Up 1.9 %
Shares of MSFT stock opened at $388.45 on Friday. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The company's fifty day simple moving average is $391.89 and its two-hundred day simple moving average is $414.53. 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 stock has a market capitalization of $2.89 trillion, a price-to-earnings ratio of 31.28, a PEG ratio of 2.21 and a beta of 1.00.
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Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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 return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the company posted $2.93 earnings per share. As a group, analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.
Microsoft Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.
Microsoft Company Profile
(Free Report)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.
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