CKW Financial Group Has $3.96 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

CKW Financial Group cut its position in Microsoft Co. (NASDAQ:MSFT) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,540 shares of the software giant’s stock after selling 198 shares during the period. Microsoft comprises about 0.6% of CKW Financial Group’s portfolio, making the stock its 11th largest position. CKW Financial Group’s holdings in Microsoft were worth $3,963,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Iron Horse Wealth Management LLC grew its position in Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after purchasing an additional 105 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in Microsoft in the third quarter valued at $87,000. Cordant Inc. grew its position in Microsoft by 647.8% in the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after purchasing an additional 298 shares in the last quarter. Family CFO Inc grew its position in Microsoft by 13.6% in the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after purchasing an additional 43 shares in the last quarter. Finally, Life Planning Partners Inc bought a new position in Microsoft in the fourth quarter valued at $146,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the sale, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by insiders.

Microsoft Price Performance

MSFT stock opened at $413.54 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. Microsoft Co. has a 12 month low of $306.09 and a 12 month high of $430.82. The firm has a market cap of $3.07 trillion, a P/E ratio of 35.80, a P/E/G ratio of 2.15 and a beta of 0.89. The company’s 50-day moving average price is $413.80 and its two-hundred day moving average price is $391.46.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period last year, the firm earned $2.45 EPS. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. On average, analysts anticipate that Microsoft Co. will post 11.76 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Analyst Ratings Changes

MSFT has been the subject of a number of analyst reports. Raymond James reaffirmed an “outperform” rating and issued a $480.00 target price (up previously from $450.00) on shares of Microsoft in a research report on Friday, April 26th. Macquarie lifted their price objective on shares of Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. UBS Group reissued a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research report on Wednesday, April 10th. Barclays lifted their price objective on shares of Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Finally, Morgan Stanley lifted their price objective on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Three equities research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $452.61.

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.