Lawson Kroeker Investment Management Inc. NE Sells 297 Shares of Microsoft Co. (NASDAQ:MSFT)

Lawson Kroeker Investment Management Inc. NE cut its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,624 shares of the software giant’s stock after selling 297 shares during the period. Microsoft makes up 3.5% of Lawson Kroeker Investment Management Inc. NE’s holdings, making the stock its 4th biggest holding. Lawson Kroeker Investment Management Inc. NE’s holdings in Microsoft were worth $17,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Iron Horse Wealth Management LLC grew its position in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after acquiring an additional 105 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new position in shares of Microsoft in the third quarter valued at approximately $87,000. Family CFO Inc grew its holdings in shares of 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. Cordant Inc. increased its stake in Microsoft by 647.8% during the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after buying an additional 298 shares during the period. Finally, Life Planning Partners Inc acquired a new stake in Microsoft during the 4th quarter worth approximately $146,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Down 1.0 %

Microsoft stock opened at $409.34 on Wednesday. Microsoft Co. has a twelve month low of $306.09 and a twelve month high of $430.82. The stock has a 50 day moving average of $413.84 and a two-hundred day moving average of $392.05. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.04 trillion, a price-to-earnings ratio of 35.44, a PEG ratio of 2.15 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. During the same period last year, the firm earned $2.45 EPS. The firm’s revenue for the quarter was up 17.0% on a year-over-year basis. As a group, research analysts expect that Microsoft Co. will post 11.76 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. Microsoft’s payout ratio is 25.97%.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

MSFT has been the subject of several research reports. DA Davidson restated a “buy” rating and issued a $500.00 price target on shares of Microsoft in a research note on Friday, March 15th. Truist Financial restated a “buy” rating and set a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Thursday, February 22nd. Wedbush restated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research note on Friday, April 26th. Finally, KeyCorp initiated coverage on shares of Microsoft in a research note on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price target for the company. Three analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

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.