Microsoft Corporation (MSFT) Stock Rating Lowered by Vetr Inc.

Microsoft Corporation (NASDAQ:MSFT) was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating in a report issued on Tuesday. They presently have a $74.32 price objective on the software giant’s stock. Vetr‘s price objective suggests a potential downside of 1.18% from the stock’s previous close.

MSFT has been the topic of a number of other research reports. BidaskClub lowered shares of Microsoft Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Credit Suisse Group set a $84.00 price objective on shares of Microsoft Corporation and gave the stock a “buy” rating in a research note on Friday, August 11th. Raymond James Financial, Inc. increased their price objective on shares of Microsoft Corporation to $84.00 and gave the stock a “buy” rating in a research note on Friday, July 21st. Barclays PLC reiterated an “overweight” rating and set a $82.00 price objective (up previously from $77.00) on shares of Microsoft Corporation in a research note on Friday, July 21st. Finally, MKM Partners reiterated a “neutral” rating and set a $70.00 price objective (up previously from $66.00) on shares of Microsoft Corporation in a research note on Sunday, July 23rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $76.72.

Microsoft Corporation (MSFT) opened at 75.21 on Tuesday. Microsoft Corporation has a 52-week low of $55.98 and a 52-week high of $75.24. The stock has a market capitalization of $579.29 billion, a price-to-earnings ratio of 27.75 and a beta of 1.00. The stock’s 50 day moving average price is $73.16 and its 200 day moving average price is $69.41.

Microsoft Corporation (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.27. The firm had revenue of $24.70 billion during the quarter, compared to analysts’ expectations of $24.29 billion. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.69 EPS. On average, analysts forecast that Microsoft Corporation will post $3.17 EPS for the current year.

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In other news, insider Jean Philippe Courtois sold 26,763 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the completion of the transaction, the insider now directly owns 537,519 shares of the company’s stock, valued at approximately $39,776,406. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total transaction of $507,920,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,108,526 shares of company stock valued at $515,879,974 over the last ninety days. 2.99% of the stock is owned by insiders.

A number of hedge funds have recently made changes to their positions in the stock. Northstar Group Inc. lifted its holdings in Microsoft Corporation by 0.3% during the 1st quarter. Northstar Group Inc. now owns 3,790 shares of the software giant’s stock valued at $248,000 after purchasing an additional 12 shares during the last quarter. Gierl Augustine Investment Management Inc lifted its holdings in Microsoft Corporation by 0.3% during the 1st quarter. Gierl Augustine Investment Management Inc now owns 4,034 shares of the software giant’s stock valued at $266,000 after purchasing an additional 13 shares during the last quarter. New Capital Management LP lifted its holdings in Microsoft Corporation by 0.5% during the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock valued at $284,000 after purchasing an additional 22 shares during the last quarter. Nottingham Advisors Inc. lifted its holdings in Microsoft Corporation by 0.4% during the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after purchasing an additional 22 shares during the last quarter. Finally, American Economic Planning Group Inc. ADV lifted its holdings in Microsoft Corporation by 0.5% during 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 purchasing an additional 23 shares during the last quarter. 73.47% of the stock is owned by hedge funds and other institutional investors.

Microsoft Corporation 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.

Analyst Recommendations for Microsoft Corporation (NASDAQ:MSFT)

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