A number of other research firms have also recently commented on MSFT. KeyCorp lifted their price objective on Microsoft from $106.00 to $110.00 and gave the stock an overweight rating in a research report on Thursday, February 1st. Vetr cut Microsoft from a strong-buy rating to a buy rating and set a $93.77 price objective for the company. in a research report on Monday, December 11th. Royal Bank of Canada set a $100.00 price target on Microsoft and gave the stock a buy rating in a research note on Wednesday, December 20th. Tigress Financial reissued a buy rating on shares of Microsoft in a research note on Wednesday, February 14th. Finally, Zacks Investment Research raised Microsoft from a hold rating to a buy rating and set a $99.00 price target on the stock in a research note on Wednesday, January 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of $99.45.
Shares of MSFT stock opened at $87.18 on Wednesday. The company has a market capitalization of $671,267.94, a PE ratio of 24.84, a P/E/G ratio of 2.01 and a beta of 1.04. Microsoft has a 52-week low of $64.35 and a 52-week high of $97.24. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.85 and a current ratio of 2.89.
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 17th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.93%. The ex-dividend date is Wednesday, May 16th. Microsoft’s dividend payout ratio (DPR) is presently 115.07%.
In related news, EVP Christopher C. Capossela sold 3,500 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 171,278 shares of the company’s stock, valued at approximately $15,928,854. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Christopher C. Capossela sold 3,000 shares of the business’s stock in a transaction that occurred 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 transaction, the chief marketing officer now directly owns 178,278 shares in the company, valued at $16,633,337.40. The disclosure for this sale can be found here. Insiders have sold a total of 10,000 shares of company stock worth $930,900 over the last three months. 1.49% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently bought and sold shares of MSFT. Vanguard Group Inc. increased its holdings in shares of Microsoft by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock valued at $38,880,105,000 after acquiring an additional 25,053,413 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Microsoft by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 85,277,661 shares of the software giant’s stock valued at $7,280,205,000 after acquiring an additional 2,232,693 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of Microsoft by 212.3% in the 2nd quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock valued at $4,801,874,000 after acquiring an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Microsoft by 609.4% in the 2nd quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock valued at $3,389,625,000 after acquiring an additional 42,243,011 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Microsoft by 2.1% in the 3rd quarter. Legal & General Group Plc now owns 38,463,571 shares of the software giant’s stock valued at $2,864,881,000 after acquiring an additional 774,549 shares during the last quarter. Institutional investors own 73.81% of the company’s stock.
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3299339/microsoft-msft-given-buy-rating-at-william-blair.html.
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.
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.