Microsoft (MSFT) Given a $105.00 Price Target by UBS Group Analysts
UBS Group set a $105.00 price objective on Microsoft (NASDAQ:MSFT) in a report released on Friday, www.tipranks.com reports. The firm currently has a buy rating on the software giant’s stock.
A number of other brokerages also recently weighed in on MSFT. Morgan Stanley set a $100.00 price target on Microsoft and gave the stock a buy rating in a report on Thursday, January 18th. Zacks Investment Research upgraded Microsoft from a hold rating to a buy rating and set a $99.00 price target for the company in a report on Wednesday, January 17th. Vetr downgraded Microsoft from a buy rating to a hold rating and set a $93.54 price target for the company. in a report on Wednesday, January 17th. Credit Suisse Group reiterated an outperform rating and set a $115.00 price target (up from $95.00) on shares of Microsoft in a report on Thursday, January 18th. Finally, Oppenheimer increased their price target on Microsoft to $115.00 and gave the stock an outperform rating in a report on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-nine have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of $88.60.
Shares of Microsoft (NASDAQ:MSFT) opened at $92.13 on Friday. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. Microsoft has a 1-year low of $62.57 and a 1-year high of $91.62. The firm has a market capitalization of $710,900.00, a PE ratio of 31.13, a price-to-earnings-growth ratio of 2.11 and a beta of 0.99.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a $0.42 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 1.82%. Microsoft’s payout ratio is 56.76%.
In related news, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the transaction, the insider now owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total transaction of $333,920.00. Following the completion of the transaction, the executive vice president now directly owns 185,278 shares in the company, valued at approximately $15,467,007.44. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,000 shares of company stock worth $3,759,420. 1.49% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bredin Investment LLC bought a new position in shares of Microsoft during the 4th quarter worth approximately $817,000. Segment Wealth Management LLC lifted its position in shares of Microsoft by 5.1% during the 4th quarter. Segment Wealth Management LLC now owns 57,899 shares of the software giant’s stock worth $4,953,000 after buying an additional 2,786 shares in the last quarter. Narwhal Capital Management lifted its position in shares of Microsoft by 1.7% during the 4th quarter. Narwhal Capital Management now owns 131,995 shares of the software giant’s stock worth $11,291,000 after buying an additional 2,165 shares in the last quarter. Brickley Wealth Management bought a new position in shares of Microsoft during the 4th quarter worth approximately $263,000. Finally, Bowling Portfolio Management LLC lifted its position in shares of Microsoft by 2.4% during the 4th quarter. Bowling Portfolio Management LLC now owns 116,036 shares of the software giant’s stock worth $9,926,000 after buying an additional 2,681 shares in the last quarter. 73.18% of the stock is currently owned by institutional investors and hedge funds.
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.
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