Microsoft Co. (NASDAQ:MSFT) Holdings Raised by First Hawaiian Bank

First Hawaiian Bank grew its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 83,535 shares of the software giant's stock after purchasing an additional 1,863 shares during the period. Microsoft comprises about 1.1% of First Hawaiian Bank's portfolio, making the stock its 8th largest position. First Hawaiian Bank's holdings in Microsoft were worth $35,210,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock valued at $20,322,513,000 after buying an additional 652,493 shares during the last quarter. International Assets Investment Management LLC raised its holdings in Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. lifted its position in Microsoft by 1.1% during the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after acquiring an additional 406,940 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Activity

In other news, EVP Judson Althoff sold 25,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the sale, the executive vice president now directly owns 117,294 shares in the company, valued at $48,911,598. This trade represents a 17.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Takeshi Numoto sold 1,000 shares of the company's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares of the company's stock, valued at $23,850,961.92. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,000 shares of company stock worth $14,333,540. Insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the subject of several research reports. Wedbush reissued an "outperform" rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Piper Sandler reissued an "overweight" rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. DA Davidson reaffirmed a "neutral" rating and set a $425.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Sanford C. Bernstein dropped their price objective on shares of Microsoft from $501.00 to $500.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Finally, Citigroup reduced their price objective on shares of Microsoft from $500.00 to $497.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. Based on data from MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and an average price target of $510.96.

Microsoft Stock Up 0.7 %

Shares of MSFT traded up $3.09 during trading hours on Thursday, hitting $417.03. The company had a trading volume of 13,568,737 shares, compared to its average volume of 22,048,326. The firm has a fifty day moving average price of $426.65 and a 200-day moving average price of $422.84. 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 has a market capitalization of $3.10 trillion, a price-to-earnings ratio of 33.55, a P/E/G ratio of 2.17 and a beta of 0.90. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 in the previous year, the company earned $2.93 EPS. On average, equities research analysts forecast that Microsoft Co. will post 13.07 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft's dividend payout ratio is currently 26.73%.

About Microsoft

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.