Cowa LLC Acquires 900 Shares of Microsoft Co. (NASDAQ:MSFT)

Cowa LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 27.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,204 shares of the software giant's stock after acquiring an additional 900 shares during the quarter. Cowa LLC's holdings in Microsoft were worth $1,772,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MSFT. WFA Asset Management Corp raised its stake in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its holdings in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after buying an additional 38 shares during the period. AMF Tjanstepension AB raised its stake in shares of Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock valued at $1,204,664,000 after buying an additional 49,735 shares in the last quarter. Discipline Wealth Solutions LLC lifted its holdings in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after acquiring an additional 2,138 shares during the period. Finally, Swedbank AB boosted its position in shares of Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock valued at $5,890,530,000 after acquiring an additional 49,288 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Up 1.2 %

Shares of NASDAQ:MSFT opened at $391.85 on Monday. The company has a 50 day moving average of $384.93 and a 200-day moving average of $411.34. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The stock has a market cap of $2.91 trillion, a price-to-earnings ratio of 31.55, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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 in the previous year, the business posted $2.93 earnings per share. On average, sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is currently 26.73%.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent research reports. Stifel Nicolaus dropped their price target on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Cantor Fitzgerald restated an "overweight" rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. BMO Capital Markets lowered their price target on Microsoft from $490.00 to $470.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Wednesday, April 23rd. Finally, Tigress Financial boosted their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and an average target price of $493.89.

Microsoft Profile

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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