Microsoft Co. (NASDAQ:MSFT) EVP Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total value of $325,500.00. Following the completion of the sale, the executive vice president now directly owns 174,778 shares in the company, valued at approximately $16,254,354. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Microsoft Co. (MSFT) opened at $91.73 on Friday. Microsoft Co. has a 1-year low of $63.62 and a 1-year high of $96.07. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $704,454.06, a price-to-earnings ratio of 26.07, a P/E/G ratio of 2.12 and a beta of 1.06.
Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. Microsoft’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.83 EPS. equities analysts expect that Microsoft Co. will post 3.64 earnings per share for the current 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 given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is presently 115.07%.
A number of analysts have issued reports on the company. Vetr downgraded Microsoft from a “buy” rating to a “hold” rating and set a $94.80 price objective on the stock. in a research note on Tuesday. Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a research note on Wednesday, February 14th. Argus lifted their price objective on Microsoft from $95.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Zacks Investment Research raised Microsoft from a “hold” rating to a “buy” rating and set a $106.00 price objective on the stock in a research note on Monday, February 5th. Finally, Nomura lifted their price objective on Microsoft from $102.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-one have assigned a buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and a consensus target price of $99.11.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. First Heartland Consultants Inc. raised its position in shares of Microsoft by 2.5% in the 2nd quarter. First Heartland Consultants Inc. now owns 26,181 shares of the software giant’s stock worth $1,805,000 after acquiring an additional 650 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of Microsoft in the 2nd quarter worth $1,066,000. Ferguson Wellman Capital Management Inc. raised its position in shares of Microsoft by 1.1% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 1,513,876 shares of the software giant’s stock worth $104,351,000 after acquiring an additional 16,011 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of Microsoft by 3.4% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 5,422,264 shares of the software giant’s stock worth $373,757,000 after acquiring an additional 176,820 shares in the last quarter. Finally, Boston Financial Mangement LLC raised its position in shares of Microsoft by 0.3% in the 2nd quarter. Boston Financial Mangement LLC now owns 481,657 shares of the software giant’s stock worth $33,201,000 after acquiring an additional 1,207 shares in the last quarter. 73.19% of the stock is owned by institutional investors and hedge funds.
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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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