Microsoft Co. (NASDAQ:MSFT) is Marino Stram & Associates LLC’s 9th Largest Position

Marino Stram & Associates LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 19,297 shares of the software giant’s stock after buying an additional 114 shares during the period. Microsoft accounts for approximately 1.8% of Marino Stram & Associates LLC’s holdings, making the stock its 9th biggest position. Marino Stram & Associates LLC’s holdings in Microsoft were worth $8,134,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. BCK Partners Inc. grew its holdings in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares during the last quarter. Global Wealth Strategies & Associates lifted its position in shares of Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock worth $1,290,000 after purchasing an additional 25 shares during the period. Christopher J. Hasenberg Inc lifted its position in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the period. Sequent Asset Management LLC lifted its position in shares of Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after purchasing an additional 25 shares during the period. Finally, Cypress Point Wealth Management LLC lifted its position 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 purchasing an additional 25 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Stifel Nicolaus decreased their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Loop Capital raised their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average price target of $509.54.

Microsoft Stock Down 0.9 %

MSFT stock opened at $393.31 on Monday. The firm has a market cap of $2.92 trillion, a PE ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm’s fifty day moving average is $416.40 and its 200 day moving average is $421.85. Microsoft Co. has a one year low of $381.00 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 last year, the firm earned $2.93 EPS. On average, research analysts forecast that Microsoft Co. will post 13.08 EPS for the current 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.