UBS Group Analysts Give Microsoft (NASDAQ:MSFT) a $300.00 Price Target

UBS Group set a $300.00 price target on Microsoft (NASDAQ:MSFTGet Rating) in a report issued on Monday morning, Borsen Zeitung reports.

Several other equities analysts also recently issued reports on MSFT. Morgan Stanley reduced their price objective on shares of Microsoft from $325.00 to $307.00 and set an overweight rating on the stock in a research note on Wednesday, October 26th. Oppenheimer reduced their price objective on shares of Microsoft from $275.00 to $265.00 in a research note on Wednesday, October 26th. Barclays set a $296.00 price objective on shares of Microsoft in a research note on Tuesday, November 1st. Wedbush dropped their price target on shares of Microsoft from $320.00 to $290.00 and set an outperform rating for the company in a research report on Wednesday, October 26th. Finally, Guggenheim initiated coverage on shares of Microsoft in a research report on Friday, August 12th. They set a neutral rating and a $292.00 price target for the company. Three research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has an average rating of Moderate Buy and an average target price of $300.64.

Microsoft Stock Up 1.0 %

Shares of NASDAQ MSFT opened at $247.58 on Monday. Microsoft has a 12-month low of $213.43 and a 12-month high of $344.30. The company has a market capitalization of $1.85 trillion, a PE ratio of 26.68, a price-to-earnings-growth ratio of 2.36 and a beta of 0.92. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.84 and a quick ratio of 1.79. The firm’s 50-day moving average is $237.12 and its two-hundred day moving average is $255.62.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.05. The company had revenue of $50.12 billion for the quarter, compared to the consensus estimate of $49.70 billion. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.27 earnings per share. Equities analysts anticipate that Microsoft will post 9.62 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Thursday, November 17th will be given a $0.68 dividend. This is an increase from Microsoft’s previous quarterly dividend of $0.62. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Wednesday, November 16th. Microsoft’s dividend payout ratio (DPR) is presently 29.31%.

Insider Transactions at Microsoft

In other news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $266.25, for a total value of $1,331,250.00. Following the transaction, the chief marketing officer now directly owns 109,837 shares in the company, valued at approximately $29,244,101.25. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MSFT. University of Texas Texas AM Investment Managment Co. increased its holdings in shares of Microsoft by 1,316.7% in the 1st quarter. University of Texas Texas AM Investment Managment Co. now owns 85 shares of the software giant’s stock worth $26,000 after acquiring an additional 79 shares during the period. Monumental Financial Group Inc. acquired a new position in Microsoft during the 1st quarter valued at about $28,000. Hanseatic Management Services Inc. increased its stake in Microsoft by 71.4% during the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock valued at $31,000 after buying an additional 55 shares during the period. Tobam increased its stake in Microsoft by 15,400.0% during the 1st quarter. Tobam now owns 155 shares of the software giant’s stock valued at $48,000 after buying an additional 154 shares during the period. Finally, Newfound Research LLC increased its stake in Microsoft by 25.4% during the 2nd quarter. Newfound Research LLC now owns 296 shares of the software giant’s stock valued at $76,000 after buying an additional 60 shares during the period. 69.29% of the stock is currently owned by institutional investors.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

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