Investors Buy Microsoft (MSFT) on Weakness

Traders bought shares of Microsoft Co. (NASDAQ:MSFT) on weakness during trading hours on Monday. $659.10 million flowed into the stock on the tick-up and $423.26 million flowed out of the stock on the tick-down, for a money net flow of $235.84 million into the stock. Of all equities tracked, Microsoft had the 3rd highest net in-flow for the day. Microsoft traded down ($0.14) for the day and closed at $93.92

Several research firms have recently weighed in on MSFT. KeyCorp restated a “buy” rating and set a $106.00 price target on shares of Microsoft in a report on Sunday. BMO Capital Markets boosted their price target on Microsoft to $100.00 and gave the stock an “outperform” rating in a report on Friday. Barclays restated a “buy” rating and set a $100.00 price target (up from $95.00) on shares of Microsoft in a report on Thursday. JPMorgan Chase & Co. upped their target price on Microsoft from $78.00 to $87.00 and gave the company a “neutral” rating in a report on Thursday. They noted that the move was a valuation call. Finally, Nomura began coverage on Microsoft in a report on Tuesday, January 23rd. They issued a “buy” rating and a $102.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $91.57.

The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. The stock has a market cap of $724,550.00, a P/E ratio of 31.73, a PEG ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 analyst estimates of $23.57 billion. During the same period in the previous year, the firm earned $0.76 earnings per share. The company’s revenue was up 11.7% compared to the same quarter last year. sell-side analysts expect that Microsoft Co. will post 3.39 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.79%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is presently 56.76%.

In other news, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now directly owns 116,205 shares of the company’s stock, valued at $9,770,516.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $83.46, for a total value of $333,840.00. Following the transaction, the executive vice president now directly owns 189,278 shares in the company, valued at $15,797,141.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,000 shares of company stock worth $3,759,420. Insiders own 1.49% of the company’s stock.

Several large investors have recently modified their holdings of the company. Nottingham Advisors Inc. raised its position in Microsoft by 0.4% in the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after buying an additional 22 shares during the last quarter. American Economic Planning Group Inc. ADV raised its position in Microsoft by 0.5% in the 2nd quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock valued at $340,000 after buying an additional 23 shares during the last quarter. Carderock Capital Management Inc. raised its position in Microsoft by 0.7% in the 2nd quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock valued at $274,000 after buying an additional 26 shares during the last quarter. Appropriate Balance Financial Services Inc. raised its position in Microsoft by 4.7% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock valued at $9,331,000 after buying an additional 29 shares during the last quarter. Finally, AlphaMark Advisors LLC raised its position in Microsoft by 1.1% in the 2nd quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after buying an additional 30 shares during the last quarter. 73.26% of the stock is currently owned by institutional investors.

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About Microsoft

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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