29 Percent of Billionaire Cooperman’s Portfolio is Invested in These 5 Dividend Stocks

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In this piece, we will take a look at the stocks in which close to one third of Leon Cooperman’s latest investment portfolio is invested. If you want to learn more about the billionaire and what dividends are really about, then check out 50 Percent of Billionaire Cooperman’s Portfolio is Invested in These 12 Dividend Stocks.

5. Microsoft Corporation (NASDAQ:MSFT)

Number of Q4 2023 Hedge Fund Shareholders: 302

Cooperman’s Q4 2023 Stake: $92 million

Annual Dividend Yield: 0.71%

Microsoft Corporation (NASDAQ:MSFT) is one of the biggest technology companies in the world and one which has managed to place itself right at the center of global shift to artificial intelligence technologies. Therefore, it’s unsurprising that the stock is rated Strong Buy on average, with the average share price target of $423 being slightly higher than the current price.

During Q4 2023, 302 out of the 933 hedge funds profiled by Insider Monkey had bought Microsoft Corporation (NASDAQ:MSFT)’s shares. Michael Larson’s Bill & Melinda Gates Foundation Trust was the biggest shareholder due to its $14.3 billion stake.

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