Microsoft (NASDAQ:MSFT) has been given a $105.00 price target by analysts at UBS Group in a research note issued to investors on Friday, www.tipranks.com reports. The brokerage currently has a “buy” rating on the software giant’s stock. UBS Group’s target price suggests a potential upside of 16.67% from the stock’s current price.
A number of other equities research analysts also recently issued reports on MSFT. Oppenheimer set a $80.00 price target on shares of Microsoft and gave the company a “buy” rating in a research report on Monday, September 25th. ValuEngine downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Canaccord Genuity upgraded shares of Microsoft from a “hold” rating to a “buy” rating and lifted their price target for the company from $76.00 to $86.00 in a research report on Thursday, October 5th. Stifel Nicolaus reiterated a “buy” rating on shares of Microsoft in a research report on Thursday, October 12th. Finally, Morningstar reiterated a “neutral” rating on shares of Microsoft in a research report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirty have issued a buy rating to the stock. Microsoft has an average rating of “Buy” and a consensus target price of $88.32.
Shares of Microsoft (MSFT) traded down $0.10 during trading hours on Friday, reaching $90.00. 35,612,532 shares of the company were exchanged, compared to its average volume of 22,670,000. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. The firm has a market capitalization of $693,540.00, a P/E ratio of 30.41, a P/E/G ratio of 2.11 and a beta of 0.99. Microsoft has a 1 year low of $62.37 and a 1 year high of $90.79.
In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now directly owns 189,278 shares of the company’s stock, valued at approximately $15,797,141.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 45,000 shares of company stock valued at $3,759,420. Corporate insiders own 1.49% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. V Wealth Management LLC boosted its holdings in shares of Microsoft by 66.4% in the 4th quarter. V Wealth Management LLC now owns 27,583 shares of the software giant’s stock valued at $2,428,000 after purchasing an additional 11,002 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Microsoft by 10.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 43,406 shares of the software giant’s stock valued at $3,889,000 after purchasing an additional 4,183 shares during the last quarter. Ingalls & Snyder LLC boosted its holdings in shares of Microsoft by 2.2% in the 4th quarter. Ingalls & Snyder LLC now owns 369,166 shares of the software giant’s stock valued at $31,578,000 after purchasing an additional 7,960 shares during the last quarter. TRUE Private Wealth Advisors boosted its holdings in shares of Microsoft by 63.9% in the 4th quarter. TRUE Private Wealth Advisors now owns 39,442 shares of the software giant’s stock valued at $3,373,000 after purchasing an additional 15,376 shares during the last quarter. Finally, Personal Capital Advisors Corp boosted its holdings in shares of Microsoft by 7.5% in the 4th quarter. Personal Capital Advisors Corp now owns 415,997 shares of the software giant’s stock valued at $35,584,000 after purchasing an additional 28,844 shares during the last quarter. 73.19% of the stock is owned by hedge funds and other institutional investors.
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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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