CKW Financial Group cut its stake in Microsoft Corporation (NASDAQ:MSFT) by 4.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,220 shares of the software giant’s stock after selling 100 shares during the period. CKW Financial Group’s holdings in Microsoft Corporation were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New Capital Management LP lifted its position in Microsoft Corporation by 0.5% during the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after buying an additional 22 shares in the last quarter. Nottingham Advisors Inc. lifted its position in Microsoft Corporation by 0.4% during the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after buying an additional 22 shares in the last quarter. American Economic Planning Group Inc. ADV lifted its position in Microsoft Corporation by 0.5% during the 2nd quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock worth $340,000 after buying an additional 23 shares in the last quarter. Appropriate Balance Financial Services Inc. lifted its position in Microsoft Corporation by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after buying an additional 29 shares in the last quarter. Finally, Bank of Stockton lifted its position in Microsoft Corporation by 0.3% during the 2nd quarter. Bank of Stockton now owns 13,396 shares of the software giant’s stock worth $922,000 after buying an additional 36 shares in the last quarter. 73.37% of the stock is owned by hedge funds and other institutional investors.

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Shares of Microsoft Corporation (NASDAQ:MSFT) opened at $84.05 on Wednesday. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. The company has a market cap of $647,485.56, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01. Microsoft Corporation has a twelve month low of $58.31 and a twelve month high of $86.20.

Microsoft Corporation (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.12. The business had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The business’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period last year, the company posted $0.76 earnings per share. equities analysts predict that Microsoft Corporation will post 3.37 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 2.00%. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. Microsoft Corporation’s dividend payout ratio (DPR) is presently 53.06%.

MSFT has been the topic of several analyst reports. ValuEngine raised shares of Microsoft Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Morningstar, Inc. reissued a “neutral” rating on shares of Microsoft Corporation in a research report on Monday, October 16th. Credit Suisse Group reissued an “outperform” rating on shares of Microsoft Corporation in a research report on Thursday, August 31st. Zacks Investment Research cut shares of Microsoft Corporation from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, KeyCorp reissued a “buy” rating and set a $82.00 price target on shares of Microsoft Corporation in a research report on Sunday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $83.86.

In other news, insider Frank H. Brod sold 15,000 shares of Microsoft Corporation stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the transaction, the insider now directly owns 116,205 shares in the company, valued at $9,770,516.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jean Philippe Courtois sold 26,763 shares of Microsoft Corporation stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the transaction, the insider now owns 537,519 shares of the company’s stock, valued at $39,776,406. The disclosure for this sale can be found here. Insiders sold 100,763 shares of company stock valued at $7,574,552 over the last 90 days. Corporate insiders own 1.49% of the company’s stock.

About Microsoft Corporation

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

Institutional Ownership by Quarter for Microsoft Corporation (NASDAQ:MSFT)

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