Microsoft (MSFT) PT Set at $105.00 by UBS
Microsoft (NASDAQ:MSFT) has been given a $105.00 price target by equities researchers at UBS in a report released on Friday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the software giant’s stock. UBS’s price objective points to a potential upside of 24.76% from the stock’s previous close.
A number of other brokerages have also recently weighed in on MSFT. Tigress Financial restated a “buy” rating on shares of Microsoft in a research note on Tuesday, November 7th. Deutsche Bank restated a “buy” rating and set a $100.00 price objective on shares of Microsoft in a research note on Friday, November 3rd. Vetr upgraded Microsoft from a “sell” rating to a “hold” rating and set a $82.07 price objective for the company in a research note on Tuesday, October 31st. Argus upgraded Microsoft from a “hold” rating to a “buy” rating and upped their price objective for the stock from $57.28 to $95.00 in a research note on Tuesday, October 31st. Finally, Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $94.00 price objective for the company in a research note on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company. Microsoft presently has a consensus rating of “Buy” and an average target price of $85.29.
Microsoft (NASDAQ:MSFT) traded up $1.67 on Friday, hitting $84.16. The stock had a trading volume of 24,486,763 shares, compared to its average volume of 22,505,697. Microsoft has a fifty-two week low of $61.13 and a fifty-two week high of $86.20. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. The company has a market cap of $636,380.00, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 1.93 and a beta of 0.99.
In other news, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was 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 in the company, valued at $9,770,516.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total value of $333,920.00. Following the completion of the transaction, the executive vice president now 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 90 days, insiders sold 45,000 shares of company stock worth $3,759,420. Company insiders own 1.49% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the stock. Appropriate Balance Financial Services Inc. grew its stake in Microsoft by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after purchasing an additional 29 shares in the last quarter. Acrospire Investment Management LLC lifted its holdings in Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after buying an additional 1,200 shares during the last quarter. Hefty Wealth Partners lifted its holdings in Microsoft by 65.6% during the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after buying an additional 653 shares during the last quarter. Ullmann Financial Group Inc. purchased a new stake in Microsoft during the 1st quarter worth about $132,000. Finally, Stelac Advisory Services LLC lifted its holdings in Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after buying an additional 387 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.
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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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