Cwm LLC Boosts Position in Microsoft Co. (NASDAQ:MSFT)

Cwm LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 770,557 shares of the software giant’s stock after acquiring an additional 69,252 shares during the quarter. Microsoft makes up 1.6% of Cwm LLC’s investment portfolio, making the stock its 7th largest position. Cwm LLC’s holdings in Microsoft were worth $289,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the business. FMR LLC grew its position in shares of Microsoft by 2.7% in the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock worth $68,162,263,000 after buying an additional 5,762,902 shares during the last quarter. Barclays PLC lifted its stake in shares of Microsoft by 9.3% in the 3rd quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock valued at $9,152,647,000 after purchasing an additional 2,456,190 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Microsoft in the 4th quarter valued at approximately $9,625,201,000. California Public Employees Retirement System lifted its stake in shares of Microsoft by 9.2% in the 3rd quarter. California Public Employees Retirement System now owns 21,375,375 shares of the software giant’s stock valued at $6,749,275,000 after purchasing an additional 1,796,956 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of Microsoft by 0.8% in the 3rd quarter. Raymond James & Associates now owns 10,671,615 shares of the software giant’s stock valued at $3,369,562,000 after purchasing an additional 88,583 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

NASDAQ:MSFT opened at $429.04 on Wednesday. The stock has a 50-day simple moving average of $415.74 and a two-hundred day simple moving average of $397.72. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $432.97. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The firm has a market capitalization of $3.19 trillion, a PE ratio of 37.15, a P/E/G ratio of 2.22 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. During the same quarter in the previous year, the company posted $2.45 earnings per share. Microsoft’s revenue for the quarter was up 17.0% on a year-over-year basis. Analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.70%. Microsoft’s payout ratio is 25.97%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSFT. UBS Group restated a “buy” rating and issued a $480.00 target price on shares of Microsoft in a research note on Wednesday, April 10th. BMO Capital Markets raised their target price on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 12th. Macquarie lifted their price objective on Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a research note on Friday, May 17th. Evercore ISI lifted their price objective on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Jefferies Financial Group lifted their price objective on Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $454.70.

Read Our Latest Stock Analysis on Microsoft

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the transaction, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

Microsoft Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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