MSFT has been the topic of a number of other reports. The Goldman Sachs Group set a $365.00 price target on shares of Microsoft in a report on Wednesday, April 27th. StockNews.com initiated coverage on shares of Microsoft in a report on Thursday, March 31st. They issued a buy rating on the stock. Fundamental Research lowered their price target on shares of Microsoft from $299.93 to $298.00 and set a hold rating on the stock in a report on Tuesday, May 3rd. Wolfe Research lifted their target price on shares of Microsoft from $330.00 to $350.00 and gave the stock an outperform rating in a research note on Wednesday, April 27th. Finally, Evercore ISI lowered their target price on shares of Microsoft from $370.00 to $330.00 and set an inline rating for the company in a research note on Wednesday, April 27th. One equities research analyst has rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $353.36.
NASDAQ MSFT opened at $258.86 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.95 and a current ratio of 1.99. The company has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 2.29 and a beta of 0.94. The company’s 50-day simple moving average is $267.07 and its two-hundred day simple moving average is $293.43. Microsoft has a one year low of $241.51 and a one year high of $349.67.
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Wednesday, August 17th. Microsoft’s dividend payout ratio (DPR) is 25.89%.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Microsoft by 4.9% in the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 289,422 shares of the software giant’s stock worth $89,165,000 after acquiring an additional 13,540 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new stake in Microsoft in the 1st quarter worth $1,132,000. Offit Capital Advisors LLC increased its holdings in Microsoft by 0.7% in the 1st quarter. Offit Capital Advisors LLC now owns 65,389 shares of the software giant’s stock worth $20,160,000 after acquiring an additional 457 shares in the last quarter. Paragon Private Wealth Management LLC increased its holdings in Microsoft by 2.7% in the 1st quarter. Paragon Private Wealth Management LLC now owns 13,796 shares of the software giant’s stock worth $3,708,000 after acquiring an additional 360 shares in the last quarter. Finally, Continental Investors Services Inc. increased its holdings in Microsoft by 1.7% in the 1st quarter. Continental Investors Services Inc. now owns 2,508 shares of the software giant’s stock worth $843,000 after acquiring an additional 42 shares in the last quarter. 69.99% of the stock is owned by institutional investors.
About Microsoft (Get Rating)
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.
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