Microsoft Co. (NASDAQ:MSFT) Stock Position Increased by Consilium Wealth Advisory LLC

Consilium Wealth Advisory LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,251 shares of the software giant’s stock after buying an additional 422 shares during the period. Microsoft makes up about 3.6% of Consilium Wealth Advisory LLC’s investment portfolio, making the stock its 7th largest holding. Consilium Wealth Advisory LLC’s holdings in Microsoft were worth $6,562,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. WFA Asset Management Corp increased its stake in Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. AA Financial Advisors LLC grew its holdings in shares of Microsoft by 9.0% during the second quarter. AA Financial Advisors LLC now owns 14,073 shares of the software giant’s stock valued at $6,290,000 after buying an additional 1,161 shares during the last quarter. Andina Capital Management LLC increased its position in shares of Microsoft by 19.3% during the second quarter. Andina Capital Management LLC now owns 939 shares of the software giant’s stock valued at $420,000 after acquiring an additional 152 shares in the last quarter. FCG Investment Co raised its holdings in Microsoft by 3.4% in the 2nd quarter. FCG Investment Co now owns 25,570 shares of the software giant’s stock worth $11,428,000 after acquiring an additional 851 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its position in Microsoft by 1.5% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 253,594 shares of the software giant’s stock valued at $113,344,000 after acquiring an additional 3,780 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Activity at Microsoft

In related news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total value of $10,425,000.00. Following the sale, the executive vice president now directly owns 117,294 shares in the company, valued at approximately $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the transaction, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at $22,080,578.32. This represents a 4.82 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,200 shares of company stock valued at $17,383,892. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their price target on Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. TD Cowen lowered their target price on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Tuesday, November 5th. Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Finally, Stifel Nicolaus lifted their target price on shares of Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average target price of $511.62.

Microsoft Trading Down 1.3 %

Shares of MSFT stock opened at $422.37 on Wednesday. The stock has a fifty day simple moving average of $428.45 and a two-hundred day simple moving average of $427.79. Microsoft Co. has a 52-week low of $369.01 and a 52-week high of $468.35. The firm has a market capitalization of $3.14 trillion, a PE ratio of 34.85, a PEG ratio of 2.37 and a beta of 0.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating 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 company had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. During the same quarter last year, the company earned $2.99 EPS. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. On average, analysts predict that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft declared that its board has authorized a share repurchase plan on Monday, September 16th that allows the company to repurchase $60.00 billion in shares. This repurchase authorization allows the software giant to purchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.79%. Microsoft’s dividend payout ratio is 27.39%.

Microsoft Company 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.