Microsoft Corporation (MSFT) Short Interest Down 5.2% in November

Microsoft Corporation (NASDAQ:MSFT) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 50,550,238 shares, a decrease of 5.2% from the October 31st total of 53,332,782 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 19,348,775 shares, the short-interest ratio is currently 2.6 days.

MSFT has been the subject of a number of research reports. Vetr raised shares of Microsoft from a “hold” rating to a “buy” rating and set a $77.30 price objective for the company in a research note on Wednesday, September 6th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Microsoft in a research note on Sunday, August 27th. BMO Capital Markets reaffirmed a “buy” rating and issued a $86.00 price objective on shares of Microsoft in a research note on Friday, August 25th. ValuEngine raised shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Finally, Evercore ISI reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Microsoft in a research note on Friday, August 18th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $84.48.

Shares of Microsoft (NASDAQ MSFT) opened at $84.26 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. The company has a market cap of $649,337.06, a PE ratio of 24.90, a P/E/G ratio of 1.96 and a beta of 0.99. Microsoft has a 1 year low of $58.80 and a 1 year high of $86.20.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. The firm had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.57 billion. Microsoft 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 last year, the firm posted $0.76 EPS. equities analysts predict that Microsoft will post 3.38 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Wednesday, February 14th. Microsoft’s payout ratio is presently 57.14%.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now owns 189,278 shares of the company’s stock, valued at approximately $15,797,141.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the sale, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders sold a total of 27,000 shares of company stock valued at $2,262,720 in the last ninety days. 1.49% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. New Capital Management LP lifted its stake in shares of Microsoft 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 period. Nottingham Advisors Inc. lifted its stake in shares of Microsoft 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 period. American Economic Planning Group Inc. ADV lifted its stake in shares of Microsoft 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 period. Carderock Capital Management Inc. lifted its stake in shares of Microsoft 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 period. Finally, Appropriate Balance Financial Services Inc. lifted its stake in shares of Microsoft 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 period. 73.35% of the stock is currently owned by hedge funds and other 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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