Microsoft Co. (NASDAQ:MSFT - Get Free Report) fell 0.2% during mid-day trading on Wednesday . The stock traded as low as $376.62 and last traded at $381.59. 3,332,156 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 20,528,821 shares. The stock had previously closed at $382.19.
Analyst Upgrades and Downgrades
MSFT has been the topic of several research reports. Mizuho cut their price objective on Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Scotiabank started coverage on Microsoft in a research report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 price target on the stock. Tigress Financial upped their price target on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Loop Capital lifted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. Finally, Westpark Capital started coverage on shares of Microsoft in a research note on Tuesday. They issued a "hold" rating for the company. Four equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $508.86.
Read Our Latest Stock Analysis on Microsoft
Microsoft Stock Performance
The company's 50-day moving average is $400.77 and its two-hundred day moving average is $417.80. The stock has a market capitalization of $2.77 trillion, a P/E ratio of 30.04, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter last year, the firm posted $2.93 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.
Microsoft Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is currently 26.73%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in MSFT. Ball & Co Wealth Management Inc. bought a new stake in shares of Microsoft in the 4th quarter worth $31,000. Fiduciary Advisors Inc. bought a new stake in Microsoft in the fourth quarter worth about $38,000. IFS Advisors LLC lifted its holdings in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the last quarter. LSV Asset Management bought a new position in shares of Microsoft during the 4th quarter valued at about $44,000. Finally, Avondale Wealth Management grew its stake in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.
About Microsoft
(
Get Free Report)
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
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