Microsoft (NASDAQ:MSFT) was downgraded by Vetr from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday. They presently have a $93.54 price target on the software giant’s stock. Vetr‘s price objective suggests a potential upside of 3.77% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. Oppenheimer set a $80.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research note on Monday, September 25th. ValuEngine cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Canaccord Genuity raised shares of Microsoft from a “hold” rating to a “buy” rating and increased their price objective for the company from $76.00 to $86.00 in a research note on Thursday, October 5th. Stifel Nicolaus reissued a “buy” rating on shares of Microsoft in a research note on Thursday, October 12th. Finally, Morningstar reissued a “neutral” rating on shares of Microsoft in a research note on Monday, October 16th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and thirty-one have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $87.01.

Microsoft (NASDAQ MSFT) traded up $1.79 during trading hours on Wednesday, hitting $90.14. 25,617,020 shares of the stock were exchanged, compared to its average volume of 23,300,000. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. Microsoft has a fifty-two week low of $62.03 and a fifty-two week high of $90.79. The firm has a market cap of $695,390.00, a PE ratio of 30.45, a PEG ratio of 2.09 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The business had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. During the same period in the prior year, the company posted $0.76 EPS. The business’s revenue for the quarter was up 11.7% on a year-over-year basis. analysts forecast that Microsoft will post 3.39 EPS for the current year.

In other news, insider Frank H. Brod sold 15,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.46, for a total transaction of $333,840.00. Following the transaction, the executive vice president now owns 189,278 shares in the company, valued at $15,797,141.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,000 shares of company stock worth $3,759,420. Insiders own 1.49% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Berkshire Asset Management LLC PA grew its position in Microsoft by 9.6% in the fourth quarter. Berkshire Asset Management LLC PA now owns 430,062 shares of the software giant’s stock valued at $36,788,000 after acquiring an additional 37,672 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in Microsoft by 3.8% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 31,523,813 shares of the software giant’s stock valued at $2,696,444,000 after acquiring an additional 1,148,178 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Microsoft by 6.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 57,683 shares of the software giant’s stock valued at $4,934,000 after acquiring an additional 3,267 shares in the last quarter. Coastline Trust Co grew its position in Microsoft by 1.5% in the fourth quarter. Coastline Trust Co now owns 99,183 shares of the software giant’s stock valued at $8,485,000 after acquiring an additional 1,490 shares in the last quarter. Finally, Somerset Trust Co grew its position in Microsoft by 4.5% in the fourth quarter. Somerset Trust Co now owns 85,987 shares of the software giant’s stock valued at $7,355,000 after acquiring an additional 3,740 shares in the last quarter. Institutional investors and hedge funds own 73.19% of the company’s stock.

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About Microsoft

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.

To view Vetr’s full report, visit Vetr’s official website.

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