The Goldman Sachs Group Analysts Give Microsoft (NASDAQ:MSFT) a $365.00 Price Target

The Goldman Sachs Group set a $365.00 price objective on Microsoft (NASDAQ:MSFTGet Rating) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports.

A number of other equities analysts also recently issued reports on MSFT. Barclays set a $363.00 price objective on shares of Microsoft in a research note on Wednesday. Credit Suisse Group set a $400.00 target price on shares of Microsoft in a research report on Monday. UBS Group set a $360.00 target price on shares of Microsoft in a research report on Monday, April 11th. Morgan Stanley increased their target price on shares of Microsoft from $364.00 to $372.00 and gave the company an overweight rating in a research report on Wednesday, January 26th. Finally, Mizuho decreased their target price on shares of Microsoft from $360.00 to $350.00 in a research report on Tuesday, January 18th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Buy and an average target price of $354.50.

NASDAQ MSFT opened at $283.22 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.21 and a current ratio of 2.25. The firm’s 50 day moving average price is $292.52 and its 200-day moving average price is $310.44. Microsoft has a 52-week low of $238.07 and a 52-week high of $349.67. The company has a market cap of $2.12 trillion, a PE ratio of 30.16, a P/E/G ratio of 2.43 and a beta of 0.91.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings data on Tuesday, April 26th. The software giant reported $2.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.19 by $0.03. Microsoft had a net margin of 38.50% and a return on equity of 45.73%. The firm had revenue of $49.36 billion for the quarter, compared to the consensus estimate of $49.05 billion. During the same period last year, the firm earned $1.95 earnings per share. The company’s quarterly revenue was up 18.4% on a year-over-year basis. On average, analysts forecast that Microsoft will post 9.31 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 9th. Investors of record on Thursday, May 19th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, May 18th. This represents a $2.48 annualized dividend and a yield of 0.88%. Microsoft’s dividend payout ratio is presently 26.41%.

In other news, Director Emma N. Walmsley purchased 1,700 shares of the company’s stock in a transaction that occurred on Friday, January 28th. The shares were bought at an average price of $295.48 per share, for a total transaction of $502,316.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Emma N. Walmsley bought 1,600 shares of the company’s stock in a transaction dated Monday, January 31st. The stock was bought at an average price of $311.53 per share, for a total transaction of $498,448.00. The disclosure for this purchase can be found here. 0.05% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Hudock Inc. grew its position in shares of Microsoft by 0.3% in the third quarter. Hudock Inc. now owns 12,156 shares of the software giant’s stock valued at $3,427,000 after purchasing an additional 33 shares during the period. Capital Square LLC grew its position in shares of Microsoft by 0.8% in the fourth quarter. Capital Square LLC now owns 4,074 shares of the software giant’s stock valued at $1,289,000 after purchasing an additional 33 shares during the period. ACT Wealth Management LLC grew its position in shares of Microsoft by 0.8% in the fourth quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant’s stock valued at $1,378,000 after purchasing an additional 34 shares during the period. Wealth Enhancement & Preservation of GA LLC grew its position in shares of Microsoft by 0.7% in the fourth quarter. Wealth Enhancement & Preservation of GA LLC now owns 4,995 shares of the software giant’s stock valued at $1,680,000 after purchasing an additional 34 shares during the period. Finally, Selective Wealth Management Inc. grew its position in shares of Microsoft by 0.5% in the fourth quarter. Selective Wealth Management Inc. now owns 6,652 shares of the software giant’s stock valued at $2,237,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 69.41% of the company’s stock.

About Microsoft (Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); 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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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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