Sanford C. Bernstein set a $100.00 price objective on Microsoft (NASDAQ:MSFT) in a research note issued to investors on Thursday. The firm currently has a buy rating on the software giant’s stock.

Several other research analysts have also issued reports on MSFT. BidaskClub upgraded Microsoft from a hold rating to a buy rating in a research note on Wednesday, August 16th. Credit Suisse Group set a $84.00 price objective on Microsoft and gave the stock a buy rating in a research note on Friday, August 11th. Oppenheimer set a $80.00 price objective on Microsoft and gave the stock a buy rating in a research note on Monday, September 25th. Evercore ISI reiterated a buy rating and set a $80.00 price objective 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 equities 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. Microsoft currently has an average rating of Buy and an average price target of $85.28.

Microsoft (NASDAQ:MSFT) opened at $84.16 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The company has a market capitalization of $649,259.94, a price-to-earnings ratio of 24.90, a P/E/G ratio of 1.96 and a beta of 0.99. Microsoft has a 12 month low of $61.13 and a 12 month high of $86.20.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm had revenue of $24.50 billion during the quarter, compared to analyst estimates of $23.57 billion. During the same period in the prior year, the company posted $0.76 earnings per share. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. research analysts predict that Microsoft will post 3.38 EPS for the current fiscal year.

The firm 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. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio is currently 57.14%.

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 transaction of $1,496,700.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 sale, the executive vice president now directly owns 184,278 shares in the company, valued at approximately $15,376,156.32. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,000 shares of company stock worth $3,759,420. 1.49% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the stock. Appropriate Balance Financial Services Inc. boosted its stake in shares of Microsoft by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after acquiring an additional 29 shares during the period. Acrospire Investment Management LLC boosted its stake in shares of Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the period. Hefty Wealth Partners boosted its stake in shares of Microsoft by 65.6% during the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after acquiring an additional 653 shares during the period. Ullmann Financial Group Inc. bought a new position in shares of Microsoft during the 1st quarter worth approximately $132,000. Finally, Stelac Advisory Services LLC boosted its stake in shares of Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after acquiring an additional 387 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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