Argus upgraded shares of Microsoft Corporation (NASDAQ:MSFT) from a hold rating to a buy rating in a report released on Tuesday, MarketBeat.com reports. They currently have $95.00 price target on the software giant’s stock, up from their prior price target of $57.28.

A number of other equities research analysts have also issued reports on the company. Vetr upgraded Microsoft Corporation from a sell rating to a hold rating and set a $82.07 price target for the company in a research report on Tuesday. Stifel Nicolaus upped their price target on Microsoft Corporation from $85.00 to $90.00 and gave the company a buy rating in a research report on Monday. Atlantic Securities set a $83.00 price target on Microsoft Corporation and gave the company a neutral rating in a research report on Friday, October 27th. Macquarie set a $85.00 price target on Microsoft Corporation and gave the company a neutral rating in a research report on Friday, October 27th. Finally, Goldman Sachs Group, Inc. (The) set a $92.00 price target on Microsoft Corporation and gave the company a buy rating in a research report on Friday, October 27th. 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. The stock has an average rating of Buy and a consensus price target of $83.02.

Microsoft Corporation (NASDAQ:MSFT) traded up $0.96 during trading hours on Tuesday, reaching $84.14. The company’s stock had a trading volume of 17,569,120 shares, compared to its average volume of 21,712,110. 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 capitalization of $648.41 billion, a PE ratio of 24.87, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01.

Microsoft Corporation (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion during the quarter, compared to analyst estimates of $23.57 billion. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. Microsoft Corporation’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 EPS. equities research analysts anticipate that Microsoft Corporation will post 3.37 EPS for the current year.

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The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be given a $0.42 dividend. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date is Wednesday, November 15th. This represents a $1.68 annualized dividend and a yield of 2.00%. Microsoft Corporation’s dividend payout ratio is 53.06%.

In other Microsoft Corporation news, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the completion of the transaction, the insider now owns 116,205 shares in the company, valued at approximately $9,770,516.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider G Mason Morfit sold 7,000,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total transaction of $507,920,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,096,763 shares of company stock valued at $515,160,712. 1.49% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Microsoft Corporation by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after purchasing an additional 25,053,413 shares during the last quarter. State Street Corp grew its position in Microsoft Corporation by 0.8% in the 1st quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock worth $20,988,383,000 after purchasing an additional 2,552,473 shares during the last quarter. Capital Research Global Investors grew its position in Microsoft Corporation by 212.3% in the 2nd quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after purchasing an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC grew its position in Microsoft Corporation by 609.4% in the 2nd quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after purchasing an additional 42,243,011 shares during the last quarter. Finally, Legal & General Group Plc grew its position in Microsoft Corporation by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 37,689,022 shares of the software giant’s stock worth $2,597,786,000 after purchasing an additional 425,485 shares during the last quarter. Hedge funds and other institutional investors own 73.35% of the company’s stock.

About Microsoft Corporation

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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