Microsoft (MSFT) Stock Rating Reaffirmed by Tigress Financial

Microsoft (NASDAQ:MSFT)‘s stock had its “buy” rating restated by stock analysts at Tigress Financial in a research note issued to investors on Wednesday.

Several other analysts also recently weighed in on the company. Oppenheimer boosted their price objective on Microsoft to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. Citigroup boosted their price objective on Microsoft to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Evercore ISI boosted their price objective on Microsoft from $93.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, December 8th. UBS Group set a $105.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Thursday, November 9th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $88.00 price objective (up previously from $85.00) on shares of Microsoft in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $99.14.

Microsoft (MSFT) traded up $0.98 during trading hours on Wednesday, reaching $90.81. The company had a trading volume of 34,960,912 shares, compared to its average volume of 33,690,000. The company has a market cap of $700,560.00, a P/E ratio of 61.36, a price-to-earnings-growth ratio of 2.07 and a beta of 1.06. Microsoft has a one year low of $63.62 and a one year high of $96.07. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion during the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. Microsoft’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS. research analysts anticipate that Microsoft will post 3.62 EPS for the current fiscal year.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the sale, the executive vice president now directly owns 184,278 shares of the company’s stock, valued at $15,376,156.32. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Frank H. Brod sold 18,000 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. 1.49% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Beese Fulmer Investment Management Inc. lifted its holdings in shares of Microsoft by 0.7% during the second quarter. Beese Fulmer Investment Management Inc. now owns 126,977 shares of the software giant’s stock valued at $8,752,000 after purchasing an additional 858 shares in the last quarter. Nottingham Advisors Inc. lifted its holdings in shares of Microsoft by 0.4% during the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after purchasing an additional 22 shares in the last quarter. Winslow Evans & Crocker Inc. lifted its holdings in shares of Microsoft by 96.0% during the second quarter. Winslow Evans & Crocker Inc. now owns 97,583 shares of the software giant’s stock valued at $6,657,000 after purchasing an additional 47,793 shares in the last quarter. MCF Advisors LLC lifted its holdings in shares of Microsoft by 1.4% during the second quarter. MCF Advisors LLC now owns 19,256 shares of the software giant’s stock valued at $1,327,000 after purchasing an additional 260 shares in the last quarter. Finally, Aviance Capital Partners LLC lifted its holdings in shares of Microsoft by 11.5% during the second quarter. Aviance Capital Partners LLC now owns 22,284 shares of the software giant’s stock valued at $1,536,000 after purchasing an additional 2,291 shares in the last quarter. 73.07% 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.

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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