Investors Sell Microsoft (MSFT) on Strength (MSFT)

Investors sold shares of Microsoft Co. (NASDAQ:MSFT) on strength during trading on Thursday. $298.79 million flowed into the stock on the tick-up and $402.13 million flowed out of the stock on the tick-down, for a money net flow of $103.34 million out of the stock. Of all companies tracked, Microsoft had the 9th highest net out-flow for the day. Microsoft traded up $0.71 for the day and closed at $99.76

MSFT has been the subject of several research reports. MED reaffirmed a “buy” rating on shares of Microsoft in a research note on Tuesday, May 8th. Stifel Nicolaus upped their target price on Microsoft from $105.00 to $107.00 and gave the stock a “buy” rating in a research note on Friday, April 27th. Oppenheimer reaffirmed a “buy” rating and issued a $115.00 target price on shares of Microsoft in a research note on Friday, June 1st. Jefferies Financial Group set a $75.00 target price on Microsoft and gave the stock a “sell” rating in a research note on Monday, June 18th. Finally, Nomura set a $108.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Friday, May 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. Microsoft currently has a consensus rating of “Buy” and a consensus target price of $105.66.

The company has a debt-to-equity ratio of 1.00, a current ratio of 3.40 and a quick ratio of 3.35. The firm has a market cap of $762.66 billion, a P/E ratio of 30.15, a P/E/G ratio of 2.08 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, April 26th. The software giant reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.10. The company had revenue of $26.82 billion during the quarter, compared to the consensus estimate of $25.78 billion. Microsoft had a return on equity of 36.49% and a net margin of 13.72%. The firm’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 earnings per share. equities analysts forecast that Microsoft Co. will post 3.84 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 13th. Shareholders of record on Thursday, August 16th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $1.68 dividend on an annualized basis and a yield of 1.68%. Microsoft’s dividend payout ratio (DPR) is 50.76%.

In other news, Director Sandra E. Peterson acquired 5,400 shares of the firm’s stock in a transaction on Tuesday, June 5th. The stock was acquired at an average price of $101.96 per share, for a total transaction of $550,584.00. Following the completion of the acquisition, the director now owns 5,400 shares in the company, valued at $550,584. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher C. Capossela sold 10,000 shares of the stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $100.99, for a total value of $1,009,900.00. Following the completion of the transaction, the executive vice president now owns 158,601 shares of the company’s stock, valued at approximately $16,017,114.99. The disclosure for this sale can be found here. 1.49% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. increased its holdings in shares of Microsoft by 1.3% during the first quarter. BlackRock Inc. now owns 499,849,770 shares of the software giant’s stock valued at $45,621,287,000 after acquiring an additional 6,488,089 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of Microsoft by 5,931.9% during the first quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock valued at $4,562,000 after acquiring an additional 4,486,569 shares in the last quarter. Polen Capital Management LLC increased its holdings in shares of Microsoft by 52.3% during the first quarter. Polen Capital Management LLC now owns 11,012,266 shares of the software giant’s stock valued at $1,005,090,000 after acquiring an additional 3,781,879 shares in the last quarter. PointState Capital LP increased its holdings in shares of Microsoft by 7,456.3% during the first quarter. PointState Capital LP now owns 3,551,481 shares of the software giant’s stock valued at $324,144,000 after acquiring an additional 3,504,481 shares in the last quarter. Finally, Mackay Shields LLC bought a new position in shares of Microsoft during the first quarter valued at $308,968,000. Institutional investors and hedge funds own 72.32% of the company’s stock.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.

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