Microsoft Co. (NASDAQ:MSFT) has been given an average recommendation of “Buy” by the thirty-nine ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-one have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $99.19.
A number of equities analysts have recently weighed in on MSFT shares. Oppenheimer boosted their price objective on shares of Microsoft to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. Citigroup boosted their price objective on shares of Microsoft to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Evercore ISI boosted their price objective on shares of Microsoft from $93.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, December 8th. Goldman Sachs Group set a $100.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Tuesday, January 23rd. Finally, UBS Group set a $105.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Friday, December 8th.
Microsoft (NASDAQ MSFT) traded down $0.01 during trading hours on Friday, hitting $94.17. 20,180,966 shares of the stock were exchanged, compared to its average volume of 31,661,229. 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 firm has a market capitalization of $725,170.00, a price-to-earnings ratio of 28.86, a PEG ratio of 2.17 and a beta of 1.04. Microsoft has a twelve month low of $64.12 and a twelve month high of $97.24.
Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.09. The business had revenue of $28.92 billion during the quarter, compared to analyst estimates of $28.42 billion. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.83 earnings per share. equities analysts expect that Microsoft will post 3.65 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Stockholders of record on Thursday, May 17th will be paid a $0.42 dividend. The ex-dividend date is Wednesday, May 16th. This represents a $1.68 annualized dividend and a dividend yield of 1.78%. Microsoft’s dividend payout ratio (DPR) is presently 51.53%.
In other news, EVP Christopher C. Capossela sold 3,500 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $93.00, for a total value of $325,500.00. Following the completion of the transaction, the executive vice president now directly owns 174,778 shares in the company, valued at $16,254,354. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Christopher C. Capossela sold 3,000 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $93.30, for a total transaction of $279,900.00. Following the completion of the transaction, the chief marketing officer now owns 178,278 shares of the company’s stock, valued at $16,633,337.40. The disclosure for this sale can be found here. Insiders sold 10,000 shares of company stock valued at $930,900 over the last 90 days. Insiders own 1.49% of the company’s stock.
Hedge funds have recently made changes to their positions in the company. Capital Research Global Investors lifted its stake in shares of Microsoft by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock valued at $4,801,874,000 after purchasing an additional 47,353,245 shares during the period. Janus Henderson Group PLC raised its position in Microsoft by 609.4% during the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after acquiring an additional 42,243,011 shares during the last quarter. Vanguard Group Inc. raised its position in Microsoft by 4.6% during the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after acquiring an additional 25,053,413 shares during the last quarter. Amundi Pioneer Asset Management Inc. raised its position in Microsoft by 52.3% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 26,474,151 shares of the software giant’s stock worth $2,264,601,000 after acquiring an additional 9,092,634 shares during the last quarter. Finally, Tiger Global Management LLC raised its position in Microsoft by 395.2% during the second quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock worth $722,903,000 after acquiring an additional 8,369,500 shares during the last quarter. Institutional investors and hedge funds own 73.88% of the company’s stock.
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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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