Microsoft (NASDAQ:MSFT) had its target price upped by stock analysts at BMO Capital Markets from $147.00 to $153.00 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has an “outperform” rating on the software giant’s stock. BMO Capital Markets’ target price would indicate a potential upside of 12.28% from the stock’s current price.

MSFT has been the subject of several other reports. Wells Fargo & Co set a $29.00 price target on Establishment Labs and gave the company a “buy” rating in a report on Friday, July 12th. Wedbush boosted their price target on Mastercard from $261.00 to $287.00 and gave the company an “outperform” rating in a report on Thursday, June 13th. Cowen reiterated an “outperform” rating and issued a $69.00 price target (up from $67.00) on shares of Delta Air Lines in a report on Thursday, July 11th. Raymond James downgraded Consolidated Communications to a “market perform” rating in a report on Thursday, April 25th. Finally, Goldman Sachs Group set a $131.00 price target on Microsoft and gave the company a “buy” rating in a report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-six have assigned a buy rating and three have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $139.62.

Shares of Microsoft stock opened at $136.27 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.97 and a quick ratio of 2.93. Microsoft has a 1 year low of $93.96 and a 1 year high of $139.54. The firm has a market cap of $1,050.42 billion, a P/E ratio of 35.12, a P/E/G ratio of 2.46 and a beta of 1.21. The stock’s 50 day moving average is $133.28.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.14. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The firm had revenue of $30.57 billion during the quarter, compared to the consensus estimate of $29.86 billion. During the same period in the previous year, the firm posted $0.95 EPS. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. As a group, equities research analysts expect that Microsoft will post 4.59 earnings per share for the current fiscal year.

In related news, EVP Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total transaction of $630,100.00. Following the completion of the sale, the executive vice president now directly owns 144,934 shares of the company’s stock, valued at approximately $18,264,582.68. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Bradford L. Smith sold 192,300 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $130.34, for a total transaction of $25,064,382.00. Following the sale, the president now directly owns 754,442 shares of the company’s stock, valued at $98,333,970.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 216,247 shares of company stock valued at $28,204,754. 1.38% of the stock is owned by corporate insiders.

Institutional investors have recently made changes to their positions in the stock. Lunia Capital LP lifted its holdings in Microsoft by 9,650.2% in the 4th quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock worth $17,037,000 after buying an additional 16,861,809 shares in the last quarter. Vanguard Group Inc lifted its holdings in Microsoft by 1.6% in the 3rd quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock worth $66,091,902,000 after buying an additional 8,820,439 shares in the last quarter. Thoroughbred Financial Services LLC lifted its holdings in Microsoft by 13,479.6% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 8,726,283 shares of the software giant’s stock worth $872,628,000 after buying an additional 8,662,023 shares in the last quarter. Actiam N.V. acquired a new position in Microsoft in the 4th quarter worth $117,106,000. Finally, Federated Investors Inc. PA lifted its holdings in Microsoft by 62.1% in the 3rd quarter. Federated Investors Inc. PA now owns 2,772,764 shares of the software giant’s stock worth $317,121,000 after buying an additional 1,062,145 shares in the last quarter. 72.05% of the stock is owned by hedge funds and other institutional investors.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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