Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Consilio Wealth Advisors LLC

Consilio Wealth Advisors LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,388 shares of the software giant's stock after acquiring an additional 1,709 shares during the quarter. Microsoft accounts for 9.1% of Consilio Wealth Advisors LLC's holdings, making the stock its 2nd largest position. Consilio Wealth Advisors LLC's holdings in Microsoft were worth $22,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of MSFT. Vanguard Group Inc. grew its holdings in Microsoft by 0.5% in the first quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant's stock valued at $281,035,506,000 after purchasing an additional 3,078,099 shares during the period. Capital International Investors grew its holdings in Microsoft by 1.0% in the first quarter. Capital International Investors now owns 83,571,070 shares of the software giant's stock valued at $35,160,020,000 after purchasing an additional 842,884 shares during the period. Ameriprise Financial Inc. grew its holdings in Microsoft by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant's stock valued at $15,426,767,000 after purchasing an additional 97,075 shares during the period. Dimensional Fund Advisors LP grew its holdings in Microsoft by 6.9% in the second quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant's stock valued at $10,768,771,000 after purchasing an additional 1,563,533 shares during the period. Finally, Rhumbline Advisers grew its holdings in Microsoft by 0.3% in the second quarter. Rhumbline Advisers now owns 14,738,956 shares of the software giant's stock valued at $6,587,576,000 after purchasing an additional 45,220 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. UBS Group dropped their price objective on Microsoft from $510.00 to $500.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. Citigroup dropped their price objective on Microsoft from $500.00 to $497.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research note on Tuesday, November 5th. Wedbush reaffirmed an "outperform" rating and issued a $550.00 price target on shares of Microsoft in a research note on Tuesday. Finally, The Goldman Sachs Group lowered their price target on Microsoft from $515.00 to $500.00 and set a "buy" rating on the stock in a research note on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $503.03.

Microsoft Price Performance

MSFT stock opened at $415.49 on Thursday. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $3.09 trillion, a PE ratio of 34.28, a P/E/G ratio of 2.21 and a beta of 0.91. Microsoft Co. has a 12-month low of $362.90 and a 12-month high of $468.35. The business's fifty day moving average price is $422.46 and its 200 day moving average price is $426.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping the consensus estimate of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The firm had revenue of $65.59 billion during the quarter, compared to analysts' expectations of $64.57 billion. During the same period in the previous year, the firm posted $2.99 EPS. Microsoft's revenue for the quarter was up 16.0% on a year-over-year basis. On average, sell-side analysts anticipate that Microsoft Co. will post 12.94 EPS for the current year.

Microsoft Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.80%. This is a boost from Microsoft's previous quarterly dividend of $0.75. The ex-dividend date is Thursday, November 21st. Microsoft's payout ratio is presently 24.75%.

Microsoft declared that its board has initiated a stock buyback program on Monday, September 16th that allows the company to buyback $60.00 billion in shares. This buyback authorization allows the software giant to purchase up to 1.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

Insider Buying and Selling

In other news, EVP Christopher David Young sold 7,200 shares of the company's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the completion of the transaction, the executive vice president now directly owns 103,366 shares of the company's stock, valued at approximately $43,792,039.56. This represents a 6.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bradford L. Smith sold 40,000 shares of the company's stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $402.59, for a total value of $16,103,600.00. Following the transaction, the insider now directly owns 544,847 shares of the company's stock, valued at approximately $219,349,953.73. This represents a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 197,829 shares of company stock valued at $80,966,837 in the last three months. 0.03% of the stock is owned by corporate 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.