Microsoft Co. (NASDAQ:MSFT) – Equities research analysts at KeyCorp upped their Q1 2019 earnings per share estimates for Microsoft in a report issued on Thursday. KeyCorp analyst B. Bracelin now anticipates that the software giant will post earnings of $0.91 per share for the quarter, up from their prior estimate of $0.88. KeyCorp has a “Buy” rating and a $94.00 price objective on the stock. KeyCorp also issued estimates for Microsoft’s Q2 2019 earnings at $0.98 EPS, Q3 2019 earnings at $0.91 EPS, Q4 2019 earnings at $1.04 EPS and FY2019 earnings at $3.84 EPS.

Other analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Credit Suisse Group reissued a “buy” rating and issued a $95.00 price objective on shares of Microsoft in a report on Friday, October 27th. Morgan Stanley set a $88.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a report on Friday, October 27th. Tigress Financial reissued a “buy” rating on shares of Microsoft in a report on Tuesday, November 7th. Finally, Vetr raised shares of Microsoft from a “sell” rating to a “hold” rating and set a $82.07 price objective on the stock in a report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and thirty-one have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $86.97.

Shares of Microsoft (MSFT) traded up $1.52 during mid-day trading on Monday, hitting $89.60. 24,260,921 shares of the stock were exchanged, compared to its average volume of 23,180,000. Microsoft has a 52-week low of $62.03 and a 52-week high of $89.78. The company has a market capitalization of $691,230.00, a price-to-earnings ratio of 30.27, a PEG ratio of 2.09 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The firm had revenue of $24.50 billion during the quarter, compared to analyst estimates of $23.57 billion. During the same period in the previous year, the business posted $0.76 earnings per share. The business’s revenue for the quarter was up 11.7% on a year-over-year basis.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio is currently 56.76%.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 185,278 shares of the company’s stock, valued at $15,467,007.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the transaction, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders have sold 45,000 shares of company stock worth $3,759,420 in the last ninety days. Insiders own 1.49% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Acrospire Investment Management LLC increased its position in Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after purchasing an additional 1,200 shares during the last quarter. Stelac Advisory Services LLC increased its position in Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after acquiring an additional 387 shares during the last quarter. Pacific Center for Financial Services increased its position in Microsoft by 3.0% during the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after acquiring an additional 75 shares during the last quarter. AlphaMark Advisors LLC increased its position in Microsoft by 1.1% during the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after acquiring an additional 30 shares during the last quarter. Finally, NewSquare Capital LLC increased its position in Microsoft by 470.8% during the third quarter. NewSquare Capital LLC now owns 119,729 shares of the software giant’s stock valued at $193,000 after acquiring an additional 98,752 shares during the last quarter. 73.19% of the stock is currently owned by hedge funds and other institutional investors.

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Microsoft Company Profile

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.

Earnings History and Estimates for Microsoft (NASDAQ:MSFT)

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