Microsoft (NASDAQ:MSFT – Get Rating) has been given a $250.00 price target by equities researchers at UBS Group in a report issued on Thursday, Borsen Zeitung reports. UBS Group’s price target would indicate a potential upside of 4.07% from the stock’s previous close.
MSFT has been the topic of a number of other research reports. Royal Bank of Canada set a $285.00 target price on Microsoft in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut their target price on shares of Microsoft from $315.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. The Goldman Sachs Group set a $315.00 target price on Microsoft in a report on Tuesday. Fundamental Research cut their price target on Microsoft to $270.00 and set a “buy” rating on the stock in a report on Tuesday, November 8th. Finally, Cowen decreased their price objective on Microsoft from $310.00 to $285.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $287.88.
Microsoft Trading Up 3.6 %
Microsoft stock opened at $240.22 on Thursday. The firm has a market capitalization of $1.79 trillion, a price-to-earnings ratio of 25.89, a P/E/G ratio of 2.35 and a beta of 0.94. Microsoft has a 12-month low of $213.43 and a 12-month high of $315.95. The firm has a 50 day moving average of $241.70 and a 200 day moving average of $250.10. The company has a current ratio of 1.84, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26.
Insider Activity at Microsoft
In related news, EVP Judson Althoff sold 24,144 shares of Microsoft stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $254.27, for a total value of $6,139,094.88. Following the completion of the transaction, the executive vice president now owns 150,047 shares in the company, valued at approximately $38,152,450.69. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.03% of the stock is owned by company insiders.
Institutional Investors Weigh In On Microsoft
Institutional investors have recently added to or reduced their stakes in the stock. Monumental Financial Group Inc. purchased a new position in shares of Microsoft in the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC acquired a new position in Microsoft in the 4th quarter valued at $26,000. Hanseatic Management Services Inc. lifted its holdings in Microsoft by 71.4% in the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock valued at $31,000 after purchasing an additional 55 shares in the last quarter. Retirement Financial Solutions LLC acquired a new stake in Microsoft during the 4th quarter worth $40,000. Finally, Macroview Investment Management LLC purchased a new stake in shares of Microsoft during the fourth quarter worth $61,000. Institutional investors and hedge funds own 69.15% of the company’s stock.
Microsoft Company Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.
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