Microsoft’s (MSFT) “Hold” Rating Reaffirmed at Fundamental Research

Fundamental Research reaffirmed their hold rating on shares of Microsoft (NASDAQ:MSFTGet Rating) in a research note issued to investors on Wednesday morning, MarketBeat.com reports. They currently have a $280.50 price target on the software giant’s stock.

Several other research analysts also recently issued reports on the company. Itau BBA Securities initiated coverage on Microsoft in a research note on Tuesday, July 26th. They set an outperform rating and a $287.00 price target for the company. BMO Capital Markets lifted their price target on Microsoft from $305.00 to $320.00 and gave the stock an outperform rating in a research note on Wednesday, July 27th. William Blair reaffirmed an outperform rating on shares of Microsoft in a research note on Wednesday, April 27th. Citigroup cut their price target on Microsoft from $330.00 to $300.00 and set a buy rating for the company in a research note on Wednesday, July 27th. Finally, Wolfe Research cut their price target on Microsoft from $320.00 to $275.00 and set an outperform rating for the company in a research note on Friday, July 29th. One equities research analyst has rated the stock with a hold rating and thirty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $335.72.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $282.91 on Wednesday. The firm has a market capitalization of $2.11 trillion, a P/E ratio of 29.35, a PEG ratio of 2.39 and a beta of 0.93. Microsoft has a one year low of $241.51 and a one year high of $349.67. The company’s fifty day moving average is $262.96 and its two-hundred day moving average is $280.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78.

Microsoft (NASDAQ:MSFTGet Rating) last issued its earnings results on Tuesday, July 26th. The software giant reported $2.23 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same quarter in the previous year, the business earned $2.17 EPS. Analysts forecast that Microsoft will post 10.14 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, August 17th. Microsoft’s payout ratio is currently 25.73%.

Institutional Trading of Microsoft

A number of institutional investors have recently modified their holdings of MSFT. Cedar Brook Financial Partners LLC grew its holdings in shares of Microsoft by 6.0% during the 4th quarter. Cedar Brook Financial Partners LLC now owns 16,414 shares of the software giant’s stock worth $5,520,000 after purchasing an additional 931 shares during the period. ACT Wealth Management LLC grew its holdings in shares of Microsoft by 0.8% during the 4th quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant’s stock worth $1,378,000 after purchasing an additional 34 shares during the period. Mattern Wealth Management LLC grew its holdings in shares of Microsoft by 1.0% during the 4th quarter. Mattern Wealth Management LLC now owns 52,156 shares of the software giant’s stock worth $17,541,000 after purchasing an additional 497 shares during the period. Zevin Asset Management LLC grew its holdings in shares of Microsoft by 3.5% during the 4th quarter. Zevin Asset Management LLC now owns 56,834 shares of the software giant’s stock worth $19,115,000 after purchasing an additional 1,910 shares during the period. Finally, Regent Investment Management LLC grew its holdings in shares of Microsoft by 3.3% during the 4th quarter. Regent Investment Management LLC now owns 58,267 shares of the software giant’s stock worth $19,596,000 after purchasing an additional 1,885 shares during the period. Hedge funds and other institutional investors own 69.99% of the company’s stock.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); 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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