Shares of Microsoft Corporation (NASDAQ:MSFT) have been given an average rating of “Buy” by the forty-two brokerages that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $84.33.
A number of analysts have commented on the stock. UBS set a $105.00 price target on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, November 9th. Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a research report on Tuesday, November 7th. Deutsche Bank reaffirmed a “buy” rating and set a $100.00 price target on shares of Microsoft in a research report on Friday, November 3rd. Vetr raised shares of Microsoft from a “sell” rating to a “hold” rating and set a $82.07 price target on the stock in a research report on Tuesday, October 31st. Finally, Argus raised shares of Microsoft from a “hold” rating to a “buy” rating and upped their price target for the company from $57.28 to $95.00 in a research report on Tuesday, October 31st.
In other news, insider Frank H. Brod sold 15,000 shares of the stock in a transaction that occurred on 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 transaction, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total transaction of $333,920.00. Following the transaction, the executive vice president now directly owns 185,278 shares of the company’s stock, valued at $15,467,007.44. The disclosure for this sale can be found here. Insiders have sold a total of 45,000 shares of company stock valued at $3,759,420 over the last three months. Insiders own 1.49% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. River Wealth Advisors LLC boosted its holdings in Microsoft by 6.4% in the 2nd quarter. River Wealth Advisors LLC now owns 25,130 shares of the software giant’s stock worth $1,732,000 after buying an additional 1,517 shares during the period. Northeast Financial Consultants Inc boosted its holdings in Microsoft by 17.4% in 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. JLB & Associates Inc. bought a new position in Microsoft in the 2nd quarter valued at $10,873,000. State of Wisconsin Investment Board boosted its holdings in Microsoft by 7.3% in 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 purchasing an additional 530,893 shares during the period. Finally, One Capital Management LLC boosted its holdings in Microsoft by 5.0% in 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. 73.33% of the stock is owned by institutional investors.
Shares of Microsoft (NASDAQ:MSFT) traded up $1.19 during trading on Friday, hitting $82.78. 26,047,869 shares of the company traded hands, compared to its average volume of 22,490,900. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. Microsoft has a one year low of $59.80 and a one year high of $86.20. The company has a market capitalization of $625,499.00, a PE ratio of 23.99, a price-to-earnings-growth ratio of 1.89 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 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The company had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter in the previous year, the firm posted $0.76 earnings per share. Microsoft’s revenue for the quarter was up 11.7% on a year-over-year basis. equities research analysts anticipate that Microsoft will post 3.38 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio is currently 57.14%.
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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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