6 days Ago By ABMN Staff
Microsoft ( NASDAQ:MSFT – Free Report ) had its target price trimmed by UBS Group from $510.00 to $480.00 in a research report sent to investors on Monday, Marketbeat reports.
The firm currently has a buy rating on the software giant’s stock. Several other analysts have also recently commented on MSFT. Royal Bank of Canada restated an “outperform” rating and set a $500.
00 price target on shares of Microsoft in a report on Thursday, January 30th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th.
StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Wedbush lowered their target price on Microsoft from $550.
00 to $475.00 and set an “outperform” rating on the stock in a research note on Thursday, April 10th. Finally, Scotiabank began coverage on Microsoft in a research report on Thursday, March 20th.
They issued a “sector outperform” rating and a $470.00 target price on the stock. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock.
Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $503.86. View Our Latest Research Report on MSFT Microsoft Stock Down 0.
2 % Microsoft ( NASDAQ:MSFT – Get Free Report ) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.
15 by $0.08. Microsoft had a net margin of 35.
43% and a return on equity of 33.36%. During the same period in the prior year, the company posted $2.
93 EPS. On average, equities analysts predict that Microsoft will post 13.08 EPS for the current fiscal year.
Microsoft Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share.
The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.
86%. Microsoft’s dividend payout ratio is presently 26.73%.
Institutional Trading of Microsoft Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Adamsbrown Wealth Consultants LLC boosted its holdings in Microsoft by 2.2% in the 4th quarter.
Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after purchasing an additional 130 shares during the period. Oak Ridge Investments LLC lifted its stake in shares of Microsoft by 7.6% in the third quarter.
Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after buying an additional 18,544 shares during the period. Focus Financial Network Inc. grew its position in Microsoft by 2.
0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after buying an additional 1,489 shares in the last quarter.
Campbell Wealth Management bought a new position in Microsoft during the third quarter valued at about $3,314,000. Finally, Romano Brothers AND Company raised its holdings in Microsoft by 2.3% in the 3rd quarter.
Romano Brothers AND Company now owns 42,176 shares of the software giant’s stock valued at $18,148,000 after acquiring an additional 962 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.
About Microsoft ( Get Free Report ) Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services. Further Reading 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.
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