Microsoft Corporation (MSFT) Upgraded by Vetr Inc. to Buy

Vetr upgraded shares of Microsoft Corporation (NASDAQ:MSFT) from a hold rating to a buy rating in a research report sent to investors on Monday morning. The firm currently has $90.36 price objective on the software giant’s stock.

A number of other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Microsoft Corporation from a buy rating to a hold rating in a research report on Friday. UBS AG set a $105.00 price objective on shares of Microsoft Corporation and gave the company a buy rating in a research report on Thursday, November 9th. Tigress Financial restated a buy rating on shares of Microsoft Corporation in a research report on Tuesday, November 7th. Deutsche Bank AG restated a buy rating and issued a $100.00 price objective on shares of Microsoft Corporation in a research report on Friday, November 3rd. Finally, Oppenheimer Holdings, Inc. raised their price objective on shares of Microsoft Corporation from $80.00 to $92.00 and gave the company an outperform rating in a research report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have given a buy rating to the company’s stock. Microsoft Corporation has a consensus rating of Buy and an average target price of $83.86.

Shares of Microsoft Corporation (NASDAQ MSFT) traded up $0.12 on Monday, hitting $84.05. 18,758,859 shares of the stock traded hands, compared to its average volume of 22,458,014. Microsoft Corporation has a twelve month low of $57.28 and a twelve month high of $86.20. The firm has a market capitalization of $648,410.00, a P/E ratio of 24.81, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91.

Microsoft Corporation (NASDAQ:MSFT) last announced its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.12. The business had revenue of $24.50 billion during the quarter, compared to the consensus estimate of $23.57 billion. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 earnings per share. sell-side analysts forecast that Microsoft Corporation will post 3.37 earnings per share for the current fiscal year.

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The company also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be paid a dividend of $0.42 per share. This is an increase from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.68 annualized dividend and a yield of 2.00%. Microsoft Corporation’s payout ratio is 52.70%.

In other news, CFO Amy Hood sold 55,000 shares of the business’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total value of $3,999,050.00. Following the completion of the sale, the chief financial officer now owns 510,217 shares of the company’s stock, valued at approximately $37,097,878.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jean Philippe Courtois sold 26,763 shares of the business’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the completion of the sale, the insider now directly owns 537,519 shares of the company’s stock, valued at approximately $39,776,406. The disclosure for this sale can be found here. Insiders have sold a total of 100,763 shares of company stock worth $7,574,552 in the last ninety days. 1.49% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. New Capital Management LP increased its position in shares of Microsoft Corporation by 0.5% in the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after purchasing an additional 22 shares during the last quarter. Nottingham Advisors Inc. increased its position in shares of Microsoft Corporation by 0.4% in the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after purchasing an additional 22 shares during the last quarter. American Economic Planning Group Inc. ADV increased its position in shares of Microsoft Corporation by 0.5% in the 2nd quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock worth $340,000 after purchasing an additional 23 shares during the last quarter. Carderock Capital Management Inc. increased its position in shares of Microsoft Corporation by 0.7% in the 2nd quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock worth $274,000 after purchasing an additional 26 shares during the last quarter. Finally, Appropriate Balance Financial Services Inc. increased its position in shares of Microsoft Corporation by 4.7% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after purchasing an additional 29 shares during the last quarter. 73.37% of the stock is owned by 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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