Microsoft (NASDAQ:MSFT) had its target price increased by Stifel Nicolaus from $150.00 to $155.00 in a research report released on Friday morning, The Fly reports. The brokerage currently has a buy rating on the software giant’s stock.

Other equities research analysts also recently issued reports about the company. Morgan Stanley cut their price target on RPC from $12.00 to $9.50 and set an underperform rating for the company in a research note on Thursday, April 25th. Nomura raised their price target on Visa from $175.00 to $178.00 and gave the stock a buy rating in a research note on Thursday, April 25th. Royal Bank of Canada set a $165.00 price target on Allergan and gave the stock a hold rating in a research note on Monday, March 25th. Oppenheimer raised their price target on Chipotle Mexican Grill from $400.00 to $525.00 and gave the stock an underperform rating in a research note on Thursday, April 25th. Finally, Piper Jaffray Companies reaffirmed an overweight rating and set a $760.00 price target (up from $755.00) on shares of Chipotle Mexican Grill in a research note on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-seven have issued a buy rating and three have issued a strong buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $146.41.

Shares of Microsoft stock opened at $136.62 on Friday. The business has a 50-day simple moving average of $133.73. The stock has a market cap of $1,046.89 billion, a P/E ratio of 28.76, a P/E/G ratio of 2.43 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.50 and a current ratio of 2.53. Microsoft has a 1 year low of $93.96 and a 1 year high of $140.67.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, July 18th. The software giant reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.16. The firm had revenue of $33.72 billion during the quarter, compared to the consensus estimate of $32.80 billion. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.13 EPS. Research analysts forecast that Microsoft will post 5.15 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend is Wednesday, August 14th. Microsoft’s payout ratio is 38.74%.

In related news, President Bradford L. Smith sold 192,300 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $130.34, for a total value of $25,064,382.00. Following the transaction, the president now directly owns 754,442 shares of the company’s stock, valued at approximately $98,333,970.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher C. Capossela sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $128.87, for a total value of $386,610.00. The disclosure for this sale can be found here. Insiders sold a total of 216,247 shares of company stock worth $28,204,754 over the last three months. 1.38% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of the stock. Quantamental Technologies LLC acquired a new stake in Microsoft in the 4th quarter valued at approximately $26,000. Highwater Wealth Management LLC acquired a new stake in Microsoft in the 4th quarter valued at approximately $27,000. Centaurus Financial Inc. grew its holdings in Microsoft by 21.1% in the 1st quarter. Centaurus Financial Inc. now owns 3,222 shares of the software giant’s stock valued at $27,000 after buying an additional 561 shares during the last quarter. Mackey Komara & Dankovich LLC acquired a new stake in Microsoft in the 4th quarter valued at approximately $30,000. Finally, Ayalon Holdings Ltd. acquired a new stake in Microsoft in the 4th quarter valued at approximately $41,000. 72.04% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Company Profile

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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