Consilio Wealth Advisors LLC Acquires 12,778 Shares of Microsoft Co. (NASDAQ:MSFT)

Consilio Wealth Advisors LLC increased its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 35.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,097 shares of the software giant’s stock after acquiring an additional 12,778 shares during the period. Microsoft comprises 9.4% of Consilio Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Consilio Wealth Advisors LLC’s holdings in Microsoft were worth $18,462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSFT. Monumental Financial Group Inc. bought a new stake in Microsoft in the 1st quarter worth about $28,000. Atlantic Private Wealth LLC grew its position in Microsoft by 534.5% in the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after purchasing an additional 155 shares in the last quarter. Hibernia Wealth Partners LLC bought a new stake in Microsoft in the 3rd quarter worth about $69,000. 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 worth $70,000 after purchasing an additional 105 shares in the last quarter. Finally, MayTech Global Investments LLC bought a new stake in Microsoft in the 4th quarter worth about $83,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of recent analyst reports. Barclays upped their price objective on shares of Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Truist Financial reissued a “buy” rating and set a $600.00 target price on shares of Microsoft in a research report on Monday, March 25th. China Renaissance began coverage on shares of Microsoft in a research report on Tuesday, December 5th. They set a “buy” rating and a $466.00 target price for the company. Jefferies Financial Group reissued a “buy” rating and set a $465.00 target price on shares of Microsoft in a research report on Wednesday, March 6th. Finally, BNP Paribas raised shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price for the company in a research report on Thursday, January 18th. Four analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $423.34.

Read Our Latest Report on Microsoft

Insider Activity

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the transaction, the insider now owns 570,826 shares in the company, valued at approximately $231,823,855.12. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction 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 transaction, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Performance

NASDAQ MSFT opened at $420.72 on Friday. Microsoft Co. has a 1 year low of $275.37 and a 1 year high of $430.82. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. The stock has a market capitalization of $3.13 trillion, a PE ratio of 38.04, a P/E/G ratio of 2.24 and a beta of 0.89. The company’s 50 day simple moving average is $411.26 and its two-hundred day simple moving average is $374.88.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.17. The business had revenue of $62.02 billion for the quarter, compared to analysts’ expectations of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.32 EPS. Analysts predict that Microsoft Co. will post 11.63 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 27.12%.

Microsoft 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

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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