Microsoft Co. (MSFT) Short Interest Down 19.7% in December

Microsoft Co. (NASDAQ:MSFT) was the target of a significant decrease in short interest in December. As of December 29th, there was short interest totalling 39,929,844 shares, a decrease of 19.7% from the December 15th total of 49,744,915 shares. Based on an average daily volume of 17,277,896 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.5% of the company’s stock are short sold.

In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the completion of the transaction, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Frank H. Brod sold 15,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total value of $1,261,200.00. Following the completion of the transaction, the insider now owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,000 shares of company stock valued at $3,759,420. 1.49% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of MSFT. River Wealth Advisors LLC raised its stake in Microsoft by 6.4% during the 2nd 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 raised its stake in 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 purchasing an additional 1,500 shares during the period. One Capital Management LLC raised its stake in 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 purchasing an additional 2,675 shares during the period. JLB & Associates Inc. bought a new stake in Microsoft during the 2nd quarter valued at approximately $10,873,000. Finally, First National Bank Sioux Falls raised its stake 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 valued at $1,078,000 after purchasing an additional 1,365 shares during the period. 73.19% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on the company. Barclays set a $95.00 price objective on Microsoft and gave the stock an “overweight” rating in a report on Friday. Wells Fargo & Co reissued an “outperform” rating and issued a $100.00 target price (up from $90.00) on shares of Microsoft in a research note on Friday. Oppenheimer set a $80.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Monday, September 25th. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirty-one have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $86.97.

Microsoft (NASDAQ MSFT) opened at $89.60 on Tuesday. The stock has a market capitalization of $691,230.00, a PE ratio of 30.27, a price-to-earnings-growth ratio of 2.09 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 12-month low of $62.03 and a 12-month high of $89.78.

Microsoft (NASDAQ:MSFT) last posted 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. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.57 billion. During the same quarter last year, the company earned $0.76 earnings per share. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. equities analysts anticipate that Microsoft will post 3.39 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is currently 56.76%.

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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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