Traders Buy Shares of Microsoft (MSFT) on Weakness

Traders bought shares of Microsoft Co. (NASDAQ:MSFT) on weakness during trading on Friday. $581.26 million flowed into the stock on the tick-up and $234.51 million flowed out of the stock on the tick-down, for a money net flow of $346.75 million into the stock. Of all stocks tracked, Microsoft had the 3rd highest net in-flow for the day. Microsoft traded down ($0.10) for the day and closed at $90.00

Several research analysts have issued reports on the company. UBS Group set a $105.00 price objective on Microsoft and gave the stock a “buy” rating in a report on Friday. Morgan Stanley set a $100.00 price objective on Microsoft and gave the stock a “buy” rating in a report on Thursday. Credit Suisse Group reaffirmed an “outperform” rating and set a $115.00 price objective (up previously from $95.00) on shares of Microsoft in a report on Thursday. Vetr downgraded Microsoft from a “buy” rating to a “hold” rating and set a $93.54 price objective on the stock. in a report on Wednesday. Finally, Zacks Investment Research raised Microsoft from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a report on Wednesday. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirty have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $88.32.

The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $694,313.06, a P/E ratio of 30.61, a price-to-earnings-growth ratio of 2.11 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The business had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.57 billion. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm’s revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.76 EPS. equities research analysts forecast that Microsoft Co. will post 3.39 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.87%. The ex-dividend date is Wednesday, February 14th. Microsoft’s payout ratio is presently 57.14%.

In related news, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $83.46, for a total transaction of $333,840.00. Following the sale, the executive vice president now owns 189,278 shares of the company’s stock, valued at approximately $15,797,141.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Frank H. Brod sold 18,000 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 45,000 shares of company stock worth $3,759,420 in the last ninety days. 1.49% of the stock is currently owned by company insiders.

Institutional investors have recently modified their holdings of the stock. River Wealth Advisors LLC increased its holdings in Microsoft by 6.4% during the 2nd quarter. River Wealth Advisors LLC now owns 25,130 shares of the software giant’s stock worth $1,732,000 after purchasing an additional 1,517 shares in the last quarter. Northeast Financial Consultants Inc increased its holdings in Microsoft by 17.4% during the 2nd quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock worth $696,000 after purchasing an additional 1,500 shares in the last quarter. One Capital Management LLC increased its holdings in Microsoft by 5.0% during the 2nd quarter. One Capital Management LLC now owns 56,671 shares of the software giant’s stock worth $3,906,000 after purchasing an additional 2,675 shares in the last quarter. JLB & Associates Inc. bought a new position in Microsoft during the 2nd quarter worth about $10,873,000. Finally, First National Bank Sioux Falls increased its holdings in Microsoft by 9.6% during the 2nd quarter. First National Bank Sioux Falls now owns 15,629 shares of the software giant’s stock worth $1,078,000 after purchasing an additional 1,365 shares in the last quarter. 73.19% of the stock is currently owned by institutional investors and hedge funds.

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About Microsoft

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

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