Several other brokerages have also commented on MSFT. Morgan Stanley set a $100.00 price objective on shares of Microsoft and gave the stock a buy rating in a research report on Thursday, January 18th. Zacks Investment Research raised shares of Microsoft from a hold rating to a buy rating and set a $99.00 price objective on the stock in a research report on Wednesday, January 17th. Vetr lowered shares of Microsoft from a buy rating to a hold rating and set a $93.54 price objective on the stock. in a research report on Wednesday, January 17th. Credit Suisse Group reaffirmed an outperform rating and issued a $115.00 price objective (up previously from $95.00) on shares of Microsoft in a research report on Thursday, January 18th. Finally, UBS Group set a $105.00 price objective on shares of Microsoft and gave the stock a buy rating in a research report on Friday. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-nine have assigned a buy rating to the stock. Microsoft currently has a consensus rating of Buy and an average price target of $89.49.
Microsoft (NASDAQ:MSFT) traded up $0.29 on Monday, hitting $91.90. 23,010,000 shares of the company were exchanged, compared to its average volume of 22,940,000. The company has a market capitalization of $708,970.00, a price-to-earnings ratio of 31.05, a P/E/G ratio of 2.11 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. Microsoft has a one year low of $62.57 and a one year high of $92.30.
Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the consensus estimate of $0.72 by $0.12. The business had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share. analysts predict that Microsoft will post 3.39 earnings per share for the current year.
The company 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. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 1.83%. Microsoft’s dividend payout ratio is currently 56.76%.
In related news, insider Frank H. Brod sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.15, for a total transaction of $1,496,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $83.46, for a total transaction of $333,840.00. Following the transaction, the executive vice president now directly owns 189,278 shares of the company’s stock, valued at approximately $15,797,141.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,000 shares of company stock valued at $3,759,420. 1.49% of the stock is owned by corporate insiders.
A number of hedge funds have recently added to or reduced their stakes in the business. Bristol County Savings Bank grew its stake in Microsoft by 19.8% in the 4th quarter. Bristol County Savings Bank now owns 37,766 shares of the software giant’s stock worth $3,231,000 after buying an additional 6,252 shares in the last quarter. Cerebellum GP LLC purchased a new position in Microsoft in the 4th quarter worth approximately $134,000. WoodTrust Financial Corp purchased a new position in Microsoft in the 4th quarter worth approximately $4,056,000. Kelman Lazarov Inc. bought a new stake in shares of Microsoft in the 4th quarter worth approximately $222,000. Finally, Spearhead Capital Advisors LLC bought a new stake in shares of Microsoft in the 4th quarter worth approximately $2,792,000. 73.18% of the stock is owned by institutional investors and hedge funds.
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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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