A number of other research analysts have also recently commented on MSFT. ValuEngine upgraded Microsoft from a hold rating to a buy rating in a research note on Sunday, December 31st. Stifel Nicolaus restated a buy rating and set a $80.00 price target on shares of Microsoft in a research note on Monday, September 18th. Atlantic Securities set a $83.00 price target on Microsoft and gave the stock a neutral rating in a research note on Friday, October 27th. Zacks Investment Research upgraded Microsoft from a hold rating to a buy rating and set a $96.00 price target on the stock in a research note on Tuesday, December 26th. Finally, Tigress Financial restated a buy rating on shares of Microsoft in a research note on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirty-one have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of $85.87.
Microsoft (NASDAQ MSFT) opened at $87.11 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. Microsoft has a 52 week low of $61.95 and a 52 week high of $87.66. The company has a market capitalization of $672,020.00, a price-to-earnings ratio of 29.43, a price-to-earnings-growth ratio of 2.00 and a beta of 0.99.
Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The company had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. During the same period in the prior year, the firm earned $0.76 earnings per share. The firm’s revenue was up 11.7% compared to the same quarter last year. sell-side analysts predict that Microsoft will post 3.38 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Wednesday, February 14th. Microsoft’s payout ratio is 56.76%.
In other news, insider Frank H. Brod sold 15,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the sale, the insider now owns 116,205 shares in the company, valued at $9,770,516.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction dated 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,000 shares of company stock worth $3,759,420. Corporate insiders own 1.49% of the company’s stock.
Several institutional investors and hedge funds have recently made changes to their positions in the company. River Wealth Advisors LLC lifted its position in Microsoft by 6.4% in the second quarter. River Wealth Advisors LLC now owns 25,130 shares of the software giant’s stock valued at $1,732,000 after purchasing an additional 1,517 shares during the period. Northeast Financial Consultants Inc lifted its position in shares of Microsoft by 17.4% during the 2nd quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock valued at $696,000 after acquiring an additional 1,500 shares during the period. One Capital Management LLC lifted its position in shares of Microsoft by 5.0% during the 2nd quarter. One Capital Management LLC now owns 56,671 shares of the software giant’s stock valued at $3,906,000 after acquiring an additional 2,675 shares during the period. JLB & Associates Inc. acquired a new stake in shares of Microsoft during the 2nd quarter valued at approximately $10,873,000. Finally, State of Wisconsin Investment Board lifted its position in shares of Microsoft by 7.3% during the 1st quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock valued at $515,501,000 after acquiring an additional 530,893 shares during the period. Institutional investors and hedge funds own 73.16% of the company’s stock.
Microsoft Company Profile
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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