Fernbridge Capital Management LP decreased its Microsoft shares by 40.7% in Q3, holding 87,818 shares, valued at $37.8 million, making it the 15th largest position in their portfolio. Several hedge funds adjusted their stakes, with notable increases from First National Bank Sioux Falls and BCK Partners. Analysts have mixed ratings for Microsoft, with price targets ranging from $475 to $600. Microsoft’s stock opened at $415.06, with a market cap of $3.09 trillion. The company announced a quarterly dividend of $0.83 per share, reflecting a 0.80% yield.