Microsoft Co. (MSFT) Short Interest Up 20.7% in January

Microsoft Co. (NASDAQ:MSFT) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 49,564,890 shares, an increase of 20.7% from the January 12th total of 41,062,227 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 31,519,927 shares, the days-to-cover ratio is currently 1.6 days.

Microsoft (MSFT) traded up $3.17 during midday trading on Friday, hitting $88.18. The stock had a trading volume of 63,400,000 shares, compared to its average volume of 30,970,000. The company has a market capitalization of $680,270.00, a P/E ratio of 59.99, a price-to-earnings-growth ratio of 2.08 and a beta of 1.06. Microsoft has a 52-week low of $63.32 and a 52-week high of $96.07. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.85 and a current ratio of 2.89.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion for 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 quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.83 earnings per share. equities analysts expect that Microsoft will post 3.62 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a dividend yield of 1.91%. Microsoft’s payout ratio is 114.29%.

Several research firms recently weighed in on MSFT. KeyCorp raised their price objective on Microsoft from $106.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $88.00 price objective (up from $85.00) on shares of Microsoft in a research note on Friday, October 27th. UBS Group set a $105.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Thursday, November 9th. Vetr lowered Microsoft from a “strong-buy” rating to a “buy” rating and set a $93.77 price objective on the stock. in a research note on Monday, December 11th. Finally, Citigroup raised their price objective on Microsoft from $74.00 to $79.00 and gave the company a “sell” rating in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-one have issued a buy rating to the company’s stock. Microsoft has a consensus rating of “Buy” and an average price target of $99.09.

In other news, insider Frank H. Brod sold 18,000 shares of the stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the sale, the executive vice president now directly owns 184,278 shares in the company, valued at $15,376,156.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,000 shares of company stock worth $2,164,380. 1.49% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in MSFT. Kohmann Bosshard Financial Services LLC purchased a new position in Microsoft in the fourth quarter worth $103,000. Acrospire Investment Management LLC boosted its position in Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after purchasing an additional 1,200 shares during the last quarter. First Dallas Securities Inc. purchased a new position in Microsoft in the fourth quarter worth $123,000. Cerebellum GP LLC purchased a new position in Microsoft in the fourth quarter worth $134,000. Finally, Stelac Advisory Services LLC boosted its position in Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after purchasing an additional 387 shares during the last quarter. 73.22% of the stock is currently owned by institutional investors.

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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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