Microsoft Corporation (NASDAQ:MSFT) Shares Acquired by Consilio Wealth Advisors LLC

Consilio Wealth Advisors LLC boosted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,770 shares of the software giant's stock after buying an additional 580 shares during the quarter. Microsoft makes up approximately 8.0% of Consilio Wealth Advisors LLC's portfolio, making the stock its 3rd biggest position. Consilio Wealth Advisors LLC's holdings in Microsoft were worth $19,062,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MSFT. Ball & Co Wealth Management Inc. bought a new position in Microsoft during the fourth quarter worth $31,000. Fiduciary Advisors Inc. bought a new stake in Microsoft during the fourth quarter valued at $38,000. LSV Asset Management acquired a new stake in Microsoft during the 4th quarter worth about $44,000. Fairway Wealth LLC acquired a new stake in Microsoft during the 4th quarter worth about $62,000. Finally, IFS Advisors LLC raised its position in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $498.25 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The stock has a market cap of $3.70 trillion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 2.22 and a beta of 1.04. The stock's fifty day simple moving average is $459.28 and its two-hundred day simple moving average is $423.37. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $500.76.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the prior year, the company posted $2.94 earnings per share. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. As a group, analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.67%. Microsoft's dividend payout ratio (DPR) is 25.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on MSFT shares. BMO Capital Markets reaffirmed an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Wedbush increased their price target on Microsoft from $515.00 to $600.00 and gave the stock an "outperform" rating in a report on Wednesday, June 25th. KeyCorp reiterated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Mizuho increased their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Finally, Jefferies Financial Group raised their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $524.71.

Insider Activity

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president owned 43,930 shares of the company's stock, valued at approximately $20,339,590. The trade was a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 75,000 shares of the company's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the transaction, the insider owned 476,999 shares of the company's stock, valued at $207,995,413.95. This trade represents a 13.59% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 135,743 shares of company stock worth $60,224,683. Corporate insiders own 0.03% of the company's stock.

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.

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.