FWG Holdings LLC Lowers Stake in Microsoft Co. (NASDAQ:MSFT)

FWG Holdings LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,846 shares of the software giant’s stock after selling 97 shares during the quarter. Microsoft comprises 1.9% of FWG Holdings LLC’s holdings, making the stock its 15th biggest position. FWG Holdings LLC’s holdings in Microsoft were worth $3,774,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MSFT. First National Bank Sioux Falls grew its holdings in shares of Microsoft by 0.4% during the 2nd quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant’s stock valued at $2,834,000 after acquiring an additional 24 shares in the last quarter. BCK Partners Inc. grew its stake in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares in the last quarter. Massachusetts Wealth Management increased its position in Microsoft by 0.3% in the 2nd quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock worth $4,309,000 after purchasing an additional 25 shares during the last quarter. Deseret Mutual Benefit Administrators raised its stake in shares of Microsoft by 0.8% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock worth $1,455,000 after purchasing an additional 25 shares in the last quarter. Finally, Conscious Wealth Investments LLC lifted its holdings in shares of Microsoft by 0.4% during the 2nd quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant’s stock valued at $3,108,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $444.06 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $431.05 and a 200-day moving average price of $425.82. The company has a market cap of $3.30 trillion, a price-to-earnings ratio of 36.64, a price-to-earnings-growth ratio of 2.40 and a beta of 0.90. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.20. The company had revenue of $65.59 billion during the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. Microsoft’s revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.99 earnings per share. As a group, equities analysts anticipate that Microsoft Co. will post 12.9 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.75%. Microsoft’s payout ratio is presently 27.39%.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the transaction, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher David Young sold 7,200 shares of Microsoft stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total value of $3,050,352.00. Following the completion of the sale, the executive vice president now owns 103,366 shares of the company’s stock, valued at $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock valued at $17,383,892 in the last quarter. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of analyst reports. UBS Group lifted their target price on shares of Microsoft from $500.00 to $525.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Morgan Stanley decreased their price objective on shares of Microsoft from $548.00 to $540.00 and set an “overweight” rating for the company in a report on Wednesday. TD Cowen cut their target price on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. BMO Capital Markets decreased their price target on Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Finally, StockNews.com raised Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus target price of $512.66.

Check Out Our Latest Research Report on MSFT

Microsoft Company 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.

See Also

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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