Aberdeen Wealth Management LLC Has $5.34 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Aberdeen Wealth Management LLC trimmed its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,661 shares of the software giant's stock after selling 601 shares during the quarter. Microsoft comprises about 3.6% of Aberdeen Wealth Management LLC's investment portfolio, making the stock its 4th biggest holding. Aberdeen Wealth Management LLC's holdings in Microsoft were worth $5,337,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Muirfield Wealth Advisors LLC boosted its stake in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares during the period. Retirement Financial Solutions LLC increased its holdings in shares of Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after acquiring an additional 24 shares in the last quarter. Sterling Group Wealth Management LLC increased its holdings in shares of Microsoft by 0.5% during the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after acquiring an additional 25 shares in the last quarter. Kuhn & Co Investment Counsel increased its holdings in Microsoft by 0.8% in the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares during the period. Finally, Alliance Wealth Management Group boosted its position in Microsoft by 0.4% in the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares of the company's stock, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock valued at $60,224,683 over the last three months. Insiders own 0.03% of the company's stock.

Microsoft Stock Up 0.5%

Shares of NASDAQ:MSFT opened at $480.24 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.57 trillion, a P/E ratio of 37.11, a P/E/G ratio of 2.44 and a beta of 1.03. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $481.00. The stock's fifty day simple moving average is $436.07 and its 200-day simple moving average is $420.16.

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

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders 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 dividend yield of 0.69%. Microsoft's payout ratio is 25.66%.

Analyst Ratings Changes

Several research firms recently commented on MSFT. TD Securities increased their price objective on Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Wall Street Zen cut Microsoft from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. Morgan Stanley reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. Wells Fargo & Company restated an "overweight" rating and set a $565.00 target price (up previously from $515.00) on shares of Microsoft in a research note on Friday, June 13th. Finally, KeyCorp restated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Five investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $515.68.

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.

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