Olistico Wealth LLC Boosts Stock Position in Microsoft Co. (NASDAQ:MSFT)

Olistico Wealth LLC increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,658 shares of the software giant’s stock after acquiring an additional 232 shares during the period. Microsoft makes up about 1.6% of Olistico Wealth LLC’s holdings, making the stock its 13th largest holding. Olistico Wealth LLC’s holdings in Microsoft were worth $2,806,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MSFT. Christopher J. Hasenberg Inc grew its position in Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares during the period. IFS Advisors LLC lifted its stake in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Quarry LP acquired a new position in Microsoft during the second quarter worth $45,000. Avondale Wealth Management lifted its stake in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new position in Microsoft during the third quarter worth $62,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Performance

NASDAQ MSFT opened at $380.16 on Tuesday. 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 Co. has a 52-week low of $377.22 and a 52-week high of $468.35. The business’s 50-day moving average price is $415.50 and its 200 day moving average price is $421.54. The firm has a market cap of $2.83 trillion, a P/E ratio of 30.61, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released 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 quarter last year, the company earned $2.93 EPS. On average, equities research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on MSFT shares. Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday. Wedbush reiterated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Morgan Stanley reduced their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Finally, Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $509.54.

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.