Microsoft (MSFT) Upgraded by Vetr to “Strong-Buy”

Vetr upgraded shares of Microsoft (NASDAQ:MSFT) from a buy rating to a strong-buy rating in a research note issued to investors on Friday. Vetr currently has $101.39 price objective on the software giant’s stock.

MSFT has been the subject of several other research reports. Barclays set a $95.00 target price on Microsoft and gave the stock an overweight rating in a research report on Friday, January 12th. ValuEngine upgraded Microsoft from a hold rating to a buy rating in a research report on Sunday, December 31st. Oppenheimer lifted their price objective on Microsoft to $115.00 and gave the company an outperform rating in a research report on Tuesday, January 9th. Credit Suisse Group reiterated an outperform rating and issued a $115.00 price objective (up previously from $95.00) on shares of Microsoft in a research report on Thursday, January 18th. Finally, BMO Capital Markets lifted their price objective on Microsoft to $100.00 and gave the company an outperform rating in a research report on Friday, January 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of $99.45.

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Microsoft (MSFT) opened at $87.18 on Friday. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $691,364.44, a P/E ratio of 59.71, a P/E/G ratio of 2.07 and a beta of 1.04. Microsoft has a 52-week low of $64.35 and a 52-week high of $97.24.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.09. The business had revenue of $28.92 billion during the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. Microsoft’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company earned $0.83 EPS. analysts forecast that Microsoft will post 3.65 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 17th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, May 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.93%. Microsoft’s dividend payout ratio (DPR) is presently 115.07%.

In related news, EVP Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $93.00, for a total transaction of $325,500.00. Following the completion of the sale, the executive vice president now directly owns 171,278 shares of the company’s stock, valued at $15,928,854. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CMO Christopher C. Capossela sold 3,000 shares of Microsoft stock in a transaction on Friday, February 16th. The stock was sold at an average price of $93.30, for a total value of $279,900.00. Following the sale, the chief marketing officer now directly owns 178,278 shares of the company’s stock, valued at $16,633,337.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,000 shares of company stock valued at $930,900. 1.49% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of MSFT. Chemical Bank lifted its holdings in shares of Microsoft by 2.3% in the fourth quarter. Chemical Bank now owns 101,758 shares of the software giant’s stock valued at $8,705,000 after purchasing an additional 2,325 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Microsoft by 7.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 525,814 shares of the software giant’s stock valued at $44,978,000 after purchasing an additional 37,939 shares in the last quarter. Certified Advisory Corp bought a new stake in shares of Microsoft in the fourth quarter valued at about $1,271,000. Ackerman Capital Advisors LLC bought a new stake in shares of Microsoft in the fourth quarter valued at about $517,000. Finally, Fairfield Bush & CO. lifted its holdings in shares of Microsoft by 2.5% in the fourth quarter. Fairfield Bush & CO. now owns 202,435 shares of the software giant’s stock valued at $17,317,000 after purchasing an additional 5,006 shares in the last quarter. Hedge funds and other institutional investors own 73.81% of the company’s stock.

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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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