What analyst said about Market Mover? Microsoft Corporation's (MSFT)

Microsoft Corporation

Acadian Asset Management LLC increased its position in shares of Microsoft Corporation by 53.6% in the second quarter. First Manhattan Co. now owns 7,974,066 shares of the software giant's stock valued at $408,033,000 after buying an additional 108,933 shares during the period. YTD information is useful for analyzing business trends or comparing performance data, and the acronym often modifies concepts such as investment returns, earnings and net pay. Hedge funds and other institutional investors own 71.81% of the company's stock. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/01/18/advisors-asset-management-inc-purchases-587-shares-of-microsoft-corporation-msft.html. The latest target price indicates a possible upside of 0.12% based on the company's most recent stock price close. The company's last traded volume of 20.62 million shares as compared to it's an average volume of 27.47 million shares. Microsoft Corporation has a 52-week low of 48.03 and a 52-week high of 64.10. Current price places the company's stock 11.76% away from its 200-day simple moving average, 2.06%, away from the 50-day average and also -0.55% away from 20-day average. That value represents a market adjusting for revenues that have been growing by 0.40% on a quarterly year/year basis as of the company's last quarterly report. The software giant reported $0.76 EPS for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.08. IMGN quarterly performance is 12.78% while firm's price to sale ratio is 4.29.

In the liquidity ratio analysis; quick ratio for most recent quarter was 2.60 while current ratio for time period was 2.70. Shareholders of record on Thursday, November 17th will be given a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, February 14th. Microsoft Corporation's dividend payout ratio is now 75.00%. "Based on this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold.

Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $66.33 while their mean recommendation is 2.00 (1=Buy, 5=sell). Vetr downgraded shares of Microsoft Corporation from a "buy" rating to a "hold" rating and set a $63.65 price target for the company.in a report on Wednesday, December 7th. Finally, RBC Capital Markets set a $65.00 target price on shares of Microsoft Corporation and gave the company a "buy" rating in a research note on Friday, October 21st. The highest analyst price target is $80.00, which implies a rally of 72 percent. Recently shares have been suggested as BUY from 23 and 2 issued SELL signal for the company's stock. Microsoft Corp. has a consensus rating of "Buy" and an average price target of $62.24. The stock was sold at an average price of $60.53, for a total transaction of $302,650.00.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Steven A. Ballmer is one of the biggest insider owners in Microsoft Corporation (NASDAQ:MSFT), according to U.S. Securities and Exchange Commission (SEC) filings. Also, insider Frank H. Brod sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, October 27th. The disclosure for this sale can be found here.

Microsoft Corporation (NASDAQ:MSFT) has its dividend (annual) of 1.56 while its Dividend Yield (annual) is 2.49%.

Microsoft Corporation is engaged in developing licensing and supporting a range of software products and services. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.



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