Kwmg LLC Sells 40 Shares of Microsoft Co. (NASDAQ:MSFT)

Kwmg LLC lessened its position in Microsoft Co. (NASDAQ:MSFT) by 0.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,328 shares of the software giant’s stock after selling 40 shares during the quarter. Microsoft makes up about 0.9% of Kwmg LLC’s portfolio, making the stock its 29th biggest position. Kwmg LLC’s holdings in Microsoft were worth $8,568,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSFT. BCK Partners Inc. grew its holdings in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after acquiring an additional 24 shares during the period. Conscious Wealth Investments LLC raised its position in Microsoft by 0.4% in 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. Global Wealth Strategies & Associates lifted its position in shares of Microsoft by 0.8% during the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock worth $1,290,000 after buying an additional 25 shares in the last quarter. Christopher J. Hasenberg Inc raised its stake in shares of Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the period. Finally, Sequent Asset Management LLC grew its holdings in Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after purchasing an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 8,000 shares of company stock worth $3,493,820 over the last quarter. Insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $416.13 on Friday. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35. The firm has a market capitalization of $3.09 trillion, a PE ratio of 33.50, a PEG ratio of 2.17 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock’s fifty day moving average is $425.98 and its 200 day moving average is $422.79.

Microsoft (NASDAQ:MSFT) last issued 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 quarter last year, the company earned $2.93 earnings per share. On average, sell-side analysts anticipate that Microsoft Co. will post 13.07 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s payout ratio is 26.73%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on MSFT shares. Sanford C. Bernstein reduced their price target on Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Wedbush restated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Finally, DA Davidson reissued a “neutral” rating and set a $425.00 price target on shares of Microsoft in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Company 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.