Vetr Lowers Microsoft (MSFT) to Buy

Microsoft (NASDAQ:MSFT) was downgraded by equities research analysts at Vetr from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Monday. They presently have a $101.89 price objective on the software giant’s stock. Vetr‘s price target would indicate a potential upside of 11.64% from the company’s current price.

Several other research firms have also commented on MSFT. Oppenheimer raised their price target on Microsoft to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Citigroup raised their price target on Microsoft to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Evercore ISI raised their price target on Microsoft from $93.00 to $106.00 and gave the stock an “outperform” rating in a research report on Friday, December 8th. Goldman Sachs set a $100.00 price target on Microsoft and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Finally, UBS set a $105.00 price target on Microsoft and gave the stock a “buy” rating in a research report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-one have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $100.06.

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MSFT stock opened at $91.27 on Monday. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. The firm has a market cap of $702,760.06, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 2.11 and a beta of 1.04. Microsoft has a 52-week low of $64.85 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.83 earnings per share. equities research analysts anticipate that Microsoft will post 3.65 earnings per share for the current fiscal year.

In other Microsoft news, CMO Christopher C. Capossela sold 3,000 shares of Microsoft stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $93.30, for a total transaction of $279,900.00. Following the completion of the sale, the chief marketing officer now directly owns 178,278 shares of the company’s stock, valued at approximately $16,633,337.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total value of $325,500.00. Following the sale, the executive vice president now directly owns 174,778 shares of the company’s stock, valued at $16,254,354. The disclosure for this sale can be found here. Insiders have sold a total of 10,000 shares of company stock valued at $930,900 over the last ninety days. 1.49% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Research Global Investors increased its position in 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 period. Janus Henderson Group PLC increased its position in 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 period. Vanguard Group Inc. increased its position in 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 period. Amundi Pioneer Asset Management Inc. increased its position in Microsoft by 52.3% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 26,474,151 shares of the software giant’s stock valued at $2,264,601,000 after acquiring an additional 9,092,634 shares during the period. Finally, Tiger Global Management LLC increased its position in Microsoft by 395.2% in the 2nd quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock valued at $722,903,000 after acquiring an additional 8,369,500 shares during the period. 73.85% of the stock is owned by institutional investors.

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About Microsoft

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.

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