Vetr cut shares of Microsoft (NASDAQ:MSFT) from a strong-buy rating to a buy rating in a research report sent to investors on Monday. They currently have $93.77 price target on the software giant’s stock.

A number of other equities research analysts have also issued reports on MSFT. Sanford C. Bernstein set a $100.00 target price on Microsoft and gave the company a buy rating in a research note on Thursday, December 7th. BidaskClub raised Microsoft from a hold rating to a buy rating in a research note on Wednesday, August 16th. Oppenheimer set a $80.00 target price on Microsoft and gave the company a buy rating in a research note on Monday, September 25th. Evercore ISI reaffirmed a buy rating and issued a $80.00 target price on shares of Microsoft in a research note on Friday, August 18th. Finally, ValuEngine lowered Microsoft from a buy rating to a hold rating in a research note on Monday, October 2nd. Two 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’s stock. The company has a consensus rating of Buy and a consensus price target of $85.28.

Microsoft (MSFT) opened at $85.35 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. Microsoft has a 52-week low of $61.95 and a 52-week high of $86.20. The stock has a market capitalization of $659,790.00, a P/E ratio of 25.22, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 EPS. sell-side analysts forecast 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 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 1.97%. Microsoft’s payout ratio is 56.76%.

In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total value of $333,760.00. Following the transaction, the executive vice president now owns 184,278 shares of the company’s stock, valued at $15,376,156.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $1,496,700.00. The disclosure for this sale can be found here. Insiders sold 45,000 shares of company stock worth $3,759,420 in the last three months. 1.49% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the business. New Capital Management LP grew its position in Microsoft by 0.5% in the first quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after buying an additional 22 shares during the last quarter. Nottingham Advisors Inc. grew its position in Microsoft by 0.4% in the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after buying an additional 22 shares during the last quarter. American Economic Planning Group Inc. ADV grew its position in Microsoft by 0.5% in the second quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock worth $340,000 after buying an additional 23 shares during the last quarter. Carderock Capital Management Inc. grew its position in Microsoft by 0.7% in the second quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock worth $274,000 after buying an additional 26 shares during the last quarter. Finally, Appropriate Balance Financial Services Inc. grew its position in Microsoft by 4.7% in the second quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after buying an additional 29 shares during the last quarter. Institutional investors own 73.33% 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.

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