Microsoft (MSFT) Upgraded at Vetr

Vetr upgraded shares of Microsoft (NASDAQ:MSFT) from a hold rating to a buy rating in a research report released on Monday morning. The firm currently has $93.56 price objective on the software giant’s stock.

MSFT has been the topic of several other reports. Canaccord Genuity restated a buy rating and issued a $94.00 price objective (up from $86.00) on shares of Microsoft in a research report on Friday, October 27th. Barclays set a $95.00 price objective on Microsoft and gave the company an overweight rating in a research report on Friday, January 12th. ValuEngine upgraded Microsoft from a hold rating to a buy rating in a research report on Sunday, December 31st. Atlantic Securities set a $83.00 price objective on Microsoft and gave the company a neutral rating in a research report on Friday, October 27th. Finally, UBS Group set a $105.00 price objective on Microsoft and gave the company a buy rating in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-one have issued a buy rating to the stock. Microsoft currently has an average rating of Buy and a consensus price target of $99.09.

Shares of Microsoft (MSFT) opened at $89.61 on Monday. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.89 and a quick ratio of 2.85. Microsoft has a 12-month low of $63.22 and a 12-month high of $96.07. The stock has a market capitalization of $703,222.13, a price-to-earnings ratio of 26.02, a PEG ratio of 2.12 and a beta of 1.06.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data 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. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The business had revenue of $28.92 billion for the quarter, compared to the consensus estimate of $28.42 billion. During the same period in the prior year, the business earned $0.83 earnings per share. The business’s revenue was up 11.9% on a year-over-year basis. sell-side analysts anticipate that Microsoft will post 3.62 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be issued a $0.42 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.87%. Microsoft’s dividend payout ratio (DPR) is 115.07%.

In other news, insider Frank H. Brod sold 18,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $83.15, for a total value of $1,496,700.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the completion of the transaction, the executive vice president now 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 90 days, insiders sold 30,000 shares of company stock worth $2,498,220. Company insiders own 1.49% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in MSFT. Kohmann Bosshard Financial Services LLC acquired a new stake in Microsoft during the 4th quarter valued at approximately $103,000. First Dallas Securities Inc. acquired a new stake in Microsoft during the 4th quarter valued at approximately $123,000. Cerebellum GP LLC acquired a new stake in Microsoft during the 4th quarter valued at approximately $134,000. Acrospire Investment Management LLC grew its stake in Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Keeler Thomas Management LLC acquired a new stake in Microsoft during the 4th quarter valued at approximately $170,000. Institutional investors own 73.22% of the company’s stock.

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About Microsoft

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.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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