Shares of Microsoft Corporation (NASDAQ:MSFT) have been given an average rating of “Buy” by the forty-two ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $84.22.
Several equities research analysts have recently issued reports on the stock. Argus upgraded shares of Microsoft from a “hold” rating to a “buy” rating and raised their target price for the stock from $57.28 to $95.00 in a report on Tuesday, October 31st. Goldman Sachs Group set a $92.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research note on Friday, October 27th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Microsoft in a research note on Thursday, August 31st. Vetr downgraded shares of Microsoft from a “hold” rating to a “sell” rating and set a $78.90 price target on the stock. in a research note on Monday, October 30th. Finally, Barclays reaffirmed an “overweight” rating and issued a $89.00 price target (up previously from $82.00) on shares of Microsoft in a research note on Friday, October 27th.
In other news, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the sale, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total transaction of $333,920.00. Following the completion of the sale, the executive vice president now owns 185,278 shares in the company, valued at $15,467,007.44. The disclosure for this sale can be found here. Insiders have sold a total of 27,000 shares of company stock worth $2,262,720 in the last three months. Insiders own 1.49% of the company’s stock.
Large investors have recently added to or reduced their stakes in the company. Beaumont Financial Partners LLC lifted its stake in Microsoft by 71.4% during the 1st quarter. Beaumont Financial Partners LLC now owns 11,069 shares of the software giant’s stock valued at $729,000 after acquiring an additional 4,610 shares during the period. Verity & Verity LLC lifted its stake in Microsoft by 3.9% during the 1st quarter. Verity & Verity LLC now owns 131,784 shares of the software giant’s stock valued at $8,680,000 after acquiring an additional 5,000 shares during the period. Bank of Stockton lifted its stake in Microsoft by 12.6% during the 1st quarter. Bank of Stockton now owns 13,360 shares of the software giant’s stock valued at $879,000 after acquiring an additional 1,500 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI lifted its stake in Microsoft by 5.4% during the 1st quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 51,495 shares of the software giant’s stock valued at $3,391,000 after acquiring an additional 2,623 shares during the period. Finally, Seminole Management Co. Inc. lifted its stake in Microsoft by 291.9% during the 1st quarter. Seminole Management Co. Inc. now owns 268,056 shares of the software giant’s stock valued at $17,654,000 after acquiring an additional 199,656 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.
Microsoft (MSFT) traded down $3.18 during trading on Friday, hitting $81.08. 37,977,732 shares of the stock traded hands, compared to its average volume of 22,393,211. The company has a market cap of $628,700.00, a price-to-earnings ratio of 24.93, a PEG ratio of 1.96 and a beta of 0.99. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. Microsoft has a 12-month low of $58.80 and a 12-month high of $86.20.
Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The firm had revenue of $24.50 billion during 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 business’s revenue was up 11.7% on a year-over-year basis. During the same quarter last year, the business earned $0.76 EPS. equities analysts forecast that Microsoft will post 3.38 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders 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 yield of 2.07%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is 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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