Microsoft Corporation (NASDAQ:MSFT) Receives “Outperform” Rating from Royal Bank Of Canada

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Microsoft Corporation logoRoyal Bank Of Canada reissued their outperform ranking on shares of Microsoft Corporation (NASDAQ:MSFT) in a report issued on Friday, October 27th, Marketbeat stories. Royal Bank Of Canada presently has a $88.00 worth goal on the software program big’s inventory, up from their prior worth goal of $85.00.

Other equities badysis badysts have additionally just lately issued stories concerning the firm. Credit Suisse Group set a $84.00 goal worth on Microsoft Corporation and gave the inventory a purchase ranking in a report on Friday, August 11th. Barclays PLC reaffirmed an chubby ranking and issued a $82.00 goal worth (up from $77.00) on shares of Microsoft Corporation in a report on Friday, July 21st. Raymond James Financial, Inc. lifted their goal worth on Microsoft Corporation to $84.00 and gave the inventory a purchase ranking in a report on Friday, July 21st. MKM Partners reaffirmed a impartial ranking and issued a $70.00 goal worth (up from $66.00) on shares of Microsoft Corporation in a report on Sunday, July 23rd. Finally, BidaskClub lower Microsoft Corporation from a purchase ranking to a maintain ranking in a report on Saturday, August fifth. Two equities badysis badysts have rated the inventory with a promote ranking, ten have issued a maintain ranking and thirty have badigned a purchase ranking to the corporate’s inventory. Microsoft Corporation has a consensus ranking of Buy and a consensus goal worth of $83.02.

Microsoft Corporation (NASDAQ MSFT) traded up $zero.09 throughout buying and selling hours on Friday, reaching $84.14. The firm’s inventory had a buying and selling quantity of 17,569,120 shares, in comparison with its common quantity of 21,712,110. Microsoft Corporation has a twelve month low of $57.28 and a twelve month excessive of $86.20. The firm has a present ratio of three.12, a fast ratio of three.06 and a debt-to-equity ratio of zero.91. The firm has a market capitalization of $649,105.56, a PE ratio of 24.89, a PEG ratio of 1.97 and a beta of 1.01.

Microsoft Corporation (NASDAQ:MSFT) final issued its earnings outcomes on Thursday, October 26th. The software program big reported $zero.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $zero.72 by $zero.12. Microsoft Corporation had a return on fairness of 35.23% and a internet margin of 24.56%. The agency had income of $24.50 billion for the quarter, in comparison with badysts’ expectations of $23.57 billion. During the identical interval within the earlier 12 months, the agency posted $zero.76 earnings per share. The enterprise’s income was up 11.7% in comparison with the identical quarter final 12 months. badysis badysts forecast that Microsoft Corporation will publish three.37 EPS for the present 12 months.

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The firm additionally just lately introduced a quarterly dividend, which can be paid on Thursday, December 14th. Stockholders of file on Thursday, November 16th can be paid a dividend of $zero.42 per share. This is a optimistic change from Microsoft Corporation’s earlier quarterly dividend of $zero.39. This represents a $1.68 annualized dividend and a dividend yield of two.00%. The ex-dividend date of this dividend is Wednesday, November 15th. Microsoft Corporation’s dividend payout ratio is presently 53.06%.

In different information, insider Frank H. Brod offered 15,000 shares of the inventory in a transaction dated Thursday, November 2nd. The shares have been offered at a mean worth of $84.08, for a complete transaction of $1,261,200.00. Following the sale, the insider now immediately owns 116,205 shares of the corporate’s inventory, valued at roughly $9,770,516.40. The transaction was disclosed in a submitting with the SEC, which is out there at this hyperlink. Also, CFO Amy Hood offered 55,000 shares of the inventory in a transaction dated Tuesday, August 29th. The inventory was offered at a mean worth of $72.71, for a complete transaction of $three,999,050.00. Following the sale, the chief monetary officer now immediately owns 510,217 shares within the firm, valued at $37,097,878.07. The disclosure for this sale might be discovered right here. Over the final three months, insiders have offered 7,096,763 shares of firm inventory value $515,160,712. Corporate insiders personal 1.49% of the corporate’s inventory.

Several institutional buyers and hedge funds have just lately added to or lowered their stakes within the inventory. Vanguard Group Inc. raised its place in shares of Microsoft Corporation by four.6% in the course of the 2nd quarter. Vanguard Group Inc. now owns 564,052,zero11 shares of the software program big’s inventory value $38,880,105,000 after buying an extra 25,zero53,413 shares over the past quarter. State Street Corp raised its place in shares of Microsoft Corporation by zero.eight% in the course of the 1st quarter. State Street Corp now owns 318,681,830 shares of the software program big’s inventory value $20,988,383,000 after buying an extra 2,552,473 shares over the past quarter. Capital Research Global Investors raised its place in shares of Microsoft Corporation by 212.three% in the course of the 2nd quarter. Capital Research Global Investors now owns 69,663,044 shares of the software program big’s inventory value $four,801,874,000 after buying an extra 47,353,245 shares over the past quarter. Janus Henderson Group PLC raised its place in shares of Microsoft Corporation by 609.four% in the course of the 2nd quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software program big’s inventory value $three,389,625,000 after buying an extra 42,243,zero11 shares over the past quarter. Finally, Legal & General Group Plc raised its place in shares of Microsoft Corporation by 1.1% in the course of the 2nd quarter. Legal & General Group Plc now owns 37,689,022 shares of the software program big’s inventory value $2,597,786,000 after buying an extra 425,485 shares over the past quarter. Hedge funds and different institutional buyers personal 73.35% of the corporate’s inventory.

Microsoft Corporation Company Profile

Microsoft Corporation is a know-how firm. The Company develops, licenses, and helps a variety of software program merchandise, companies and units. The Company’s segments embody Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s merchandise embody working techniques; cross-device productiveness purposes; server purposes; enterprise answer purposes; desktop and server administration instruments; software program improvement instruments; video video games, and coaching and certification of laptop system integrators and builders.

Analyst Recommendations for Microsoft Corporation (NASDAQ:MSFT)




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