Microsoft Co. (NASDAQ:MSFT) Shares Bought by Trust Co. of Oklahoma

Trust Co. of Oklahoma lifted its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,294 shares of the software giant's stock after acquiring an additional 709 shares during the period. Microsoft accounts for approximately 3.8% of Trust Co. of Oklahoma's holdings, making the stock its 6th biggest position. Trust Co. of Oklahoma's holdings in Microsoft were worth $11,926,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. WFA Asset Management Corp lifted its stake in Microsoft by 27.0% during 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 during the last quarter. Ironwood Wealth Management LLC. lifted its position in shares of 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 acquiring an additional 38 shares in the last quarter. Beck Bode LLC lifted its position in shares of Microsoft by 37.3% in the 2nd quarter. Beck Bode LLC now owns 39,951 shares of the software giant's stock valued at $17,856,000 after acquiring an additional 10,847 shares in the last quarter. Caxton Associates LP lifted its position in shares of Microsoft by 80.8% in the 2nd quarter. Caxton Associates LP now owns 341,905 shares of the software giant's stock valued at $152,814,000 after acquiring an additional 152,761 shares in the last quarter. Finally, Wick Capital Partners LLC purchased a new stake in shares of Microsoft in the 2nd quarter valued at approximately $1,360,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

NASDAQ:MSFT opened at $380.45 on Wednesday. Microsoft Co. has a 1 year low of $376.91 and a 1 year high of $468.35. The firm's fifty day simple moving average is $414.68 and its 200 day simple moving average is $421.30. 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 firm has a market capitalization of $2.83 trillion, a PE ratio of 30.63, a PEG ratio of 2.21 and a beta of 0.92.

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Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period last year, the firm posted $2.93 EPS. On average, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.87%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analysts Set New Price Targets

Several equities research analysts recently commented on MSFT shares. Stifel Nicolaus reduced 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. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Cantor Fitzgerald restated an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Piper Sandler reiterated an "overweight" rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Finally, StockNews.com lowered shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $509.54.

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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