Tokio Marine Asset Management Co. Ltd. Has $160.66 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Tokio Marine Asset Management Co. Ltd. grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 8.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 381,170 shares of the software giant’s stock after acquiring an additional 30,814 shares during the quarter. Microsoft accounts for about 5.7% of Tokio Marine Asset Management Co. Ltd.’s portfolio, making the stock its 2nd biggest position. Tokio Marine Asset Management Co. Ltd.’s holdings in Microsoft were worth $160,663,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Capital Insight Partners LLC raised its holdings in Microsoft by 4.5% during the fourth quarter. Capital Insight Partners LLC now owns 20,320 shares of the software giant’s stock worth $8,565,000 after acquiring an additional 875 shares in the last quarter. Costello Asset Management INC grew its stake in Microsoft by 11.6% in the fourth quarter. Costello Asset Management INC now owns 25,890 shares of the software giant’s stock valued at $10,913,000 after purchasing an additional 2,701 shares in the last quarter. My Personal CFO LLC increased its position in shares of Microsoft by 12.1% during the 4th quarter. My Personal CFO LLC now owns 43,004 shares of the software giant’s stock worth $18,126,000 after purchasing an additional 4,639 shares during the last quarter. Boit C F David raised its stake in shares of Microsoft by 0.3% during the 4th quarter. Boit C F David now owns 31,804 shares of the software giant’s stock worth $13,405,000 after purchasing an additional 100 shares in the last quarter. Finally, Abundance Wealth Counselors boosted its holdings in shares of Microsoft by 2.5% in the 4th quarter. Abundance Wealth Counselors now owns 21,136 shares of the software giant’s stock valued at $8,909,000 after buying an additional 521 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on MSFT. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Scotiabank initiated coverage on Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price target on the stock. Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Stifel Nicolaus reduced their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Finally, DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and increased their price target for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.59.

Microsoft Stock Performance

Shares of Microsoft stock opened at $389.97 on Thursday. 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 cap of $2.90 trillion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a 50 day moving average of $407.20 and a 200-day moving average of $419.45. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter in the previous year, the firm earned $2.93 earnings per share. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

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.