MSFT has been the subject of a number of other research reports. Canaccord Genuity restated a buy rating and set a $94.00 price objective (up previously from $86.00) on shares of Microsoft in a report on Friday, October 27th. Barclays set a $95.00 price objective on Microsoft and gave the company an overweight rating in a report on Friday, January 12th. ValuEngine upgraded Microsoft from a hold rating to a buy rating in a report on Sunday, December 31st. Atlantic Securities set a $83.00 target price on Microsoft and gave the stock a neutral rating in a report on Friday, October 27th. Finally, UBS Group set a $105.00 target price on Microsoft and gave the stock a buy rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and thirty have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of $98.52.
Microsoft (NASDAQ:MSFT) opened at $91.78 on Friday. Microsoft has a 1-year low of $63.07 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 $706,687.00, a price-to-earnings ratio of 26.15, a P/E/G ratio of 2.19 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. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The company had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. During the same quarter in the previous year, the business earned $0.83 EPS. Microsoft’s revenue was up 11.9% compared to the same quarter last year. equities analysts expect that Microsoft will post 3.59 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.83%. Microsoft’s payout ratio is 115.07%.
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 stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the 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 owns 189,278 shares in the company, valued at approximately $15,797,141.88. The disclosure for this sale can be found here. Insiders sold 30,000 shares of company stock worth $2,498,220 in the last 90 days. Company insiders own 1.49% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Capital Research Global Investors raised its holdings in shares of Microsoft by 212.3% during 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 acquiring an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Microsoft by 609.4% during the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock valued at $3,389,625,000 after acquiring an additional 42,243,011 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Microsoft by 4.6% during the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock valued at $38,880,105,000 after acquiring an additional 25,053,413 shares during the last quarter. Tiger Global Management LLC raised its holdings in shares of Microsoft by 395.2% during the second quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock valued at $722,903,000 after acquiring an additional 8,369,500 shares during the last quarter. Finally, Polen Capital Management LLC acquired a new position in shares of Microsoft during the third quarter valued at approximately $527,480,000. Institutional investors own 73.22% of the company’s stock.
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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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