Cohen Capital Management Inc. Has $31.01 Million Position in Microsoft Co. (NASDAQ:MSFT)

Cohen Capital Management Inc. increased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 73,566 shares of the software giant's stock after buying an additional 675 shares during the quarter. Microsoft comprises approximately 5.2% of Cohen Capital Management Inc.'s portfolio, making the stock its biggest position. Cohen Capital Management Inc.'s holdings in Microsoft were worth $31,008,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Kooman & Associates grew its stake in shares of Microsoft by 3.6% during the 4th quarter. Kooman & Associates now owns 3,348 shares of the software giant's stock valued at $1,411,000 after purchasing an additional 116 shares during the period. Abound Financial LLC purchased a new stake in Microsoft during the fourth quarter valued at approximately $2,705,000. Marshall Investment Management LLC bought a new position in Microsoft in the fourth quarter worth approximately $7,447,000. TCW Group Inc. boosted its stake in shares of Microsoft by 4.8% during the 4th quarter. TCW Group Inc. now owns 1,630,345 shares of the software giant's stock worth $687,190,000 after acquiring an additional 75,251 shares during the last quarter. Finally, Curtis Advisory Group LLC grew its position in shares of Microsoft by 0.8% during the 4th quarter. Curtis Advisory Group LLC now owns 4,325 shares of the software giant's stock valued at $1,823,000 after acquiring an additional 34 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on MSFT shares. UBS Group lowered their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. The Goldman Sachs Group cut their price objective on Microsoft from $500.00 to $450.00 and set a "buy" rating for the company in a research note on Thursday. Mizuho lowered their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. 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 target for the company. Finally, Piper Sandler decreased their price objective on shares of Microsoft from $520.00 to $435.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Five research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $493.89.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $391.85 on Monday. 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 capitalization of $2.91 trillion, a price-to-earnings ratio of 31.55, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The firm's 50-day moving average is $384.93 and its 200 day moving average is $411.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly 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 period in the prior year, the business earned $2.93 EPS. Research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business 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. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is currently 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.

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