Shares of Microsoft Co. (NASDAQ:MSFT) have been assigned a consensus recommendation of “Buy” from the thirty-nine research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $99.12.
A number of equities research analysts have issued reports on the stock. UBS Group set a $110.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a research report on Thursday, February 1st. Wells Fargo & Co set a $105.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Royal Bank of Canada set a $105.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Macquarie set a $95.00 target price on shares of Microsoft and gave the company a “neutral” rating in a research report on Thursday, February 1st. Finally, JPMorgan Chase & Co. set a $94.00 target price on shares of Microsoft and gave the company a “neutral” rating in a research report on Thursday, February 1st.
Shares of Microsoft (NASDAQ MSFT) traded down $0.66 during mid-day trading on Wednesday, reaching $92.00. 30,596,900 shares of the company’s stock were exchanged, compared to its average volume of 33,458,352. Microsoft has a twelve month low of $63.62 and a twelve month high of $96.07. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. The company has a market cap of $708,380.00, a P/E ratio of 28.22, a price-to-earnings-growth ratio of 2.13 and a beta of 1.06.
Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.09. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. The business had revenue of $28.92 billion during the quarter, compared to the consensus estimate of $28.42 billion. During the same period in the prior year, the firm posted $0.83 EPS. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. research analysts predict that Microsoft will post 3.64 earnings per share for the current fiscal year.
The company also recently announced 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 1.83%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio is presently 51.53%.
In other Microsoft news, insider Frank H. Brod sold 18,000 shares of the stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.15, for a total value of $1,496,700.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total transaction of $333,760.00. Following the completion of the sale, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The disclosure for this sale can be found here. Corporate insiders own 1.49% of the company’s stock.
Several large investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of Microsoft during the 4th quarter valued at $103,000. First Dallas Securities Inc. bought a new stake in Microsoft in the 4th quarter worth $123,000. Cerebellum GP LLC bought a new stake in Microsoft in the 4th quarter worth $134,000. Financial Gravity Companies Inc. bought a new stake in Microsoft in the 4th quarter worth $152,000. Finally, Acrospire Investment Management LLC grew its holdings in Microsoft by 300.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the last quarter. 73.19% of the stock is currently owned by hedge funds and other institutional investors.
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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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