Consilio Wealth Advisors LLC Has $21.16 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Consilio Wealth Advisors LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.3% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 50,190 shares of the software giant's stock after selling 1,198 shares during the quarter. Microsoft comprises approximately 8.7% of Consilio Wealth Advisors LLC's portfolio, making the stock its 3rd biggest position. Consilio Wealth Advisors LLC's holdings in Microsoft were worth $21,155,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of MSFT. Christopher J. Hasenberg Inc increased its position in Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after acquiring an additional 25 shares during the last quarter. Quarry LP purchased a new stake in shares of Microsoft during the 2nd quarter valued at about $45,000. Avondale Wealth Management lifted its stake in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft in the third quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft during the fourth quarter valued at approximately $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MSFT. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Friday, January 24th. Loop Capital lifted their target price on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, December 23rd. Mizuho reduced their price target on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Stifel Nicolaus raised their price objective on Microsoft from $475.00 to $515.00 and gave the stock a "buy" rating in a research note on Wednesday, December 18th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $510.96.

Microsoft Trading Down 1.9 %

MSFT traded down $7.88 on Friday, hitting $408.25. The company had a trading volume of 27,440,364 shares, compared to its average volume of 22,515,041. The company has a market cap of $3.03 trillion, a PE ratio of 32.87, a PEG ratio of 2.20 and a beta of 0.90. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35. The business's fifty day simple moving average is $425.98 and its 200 day simple moving average is $422.79. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the firm earned $2.93 earnings per share. Equities research analysts expect that Microsoft Co. will post 13.07 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared 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. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.81%. Microsoft's payout ratio is 26.73%.

Insider Buying and Selling

In other news, CMO Takeshi Numoto sold 2,500 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the transaction, the chief marketing officer now owns 53,852 shares of the company's stock, valued at approximately $23,203,211.24. This represents a 4.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold 8,000 shares of company stock valued at $3,493,820 in the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft 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.