Microsoft (NASDAQ:MSFT) Given a $315.00 Price Target at The Goldman Sachs Group

The Goldman Sachs Group set a $315.00 target price on Microsoft (NASDAQ:MSFTGet Rating) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports.

Several other brokerages also recently issued reports on MSFT. Credit Suisse Group set a $365.00 price target on Microsoft in a research report on Friday, December 9th. Jefferies Financial Group set a $270.00 price target on Microsoft in a research report on Thursday, January 5th. Guggenheim downgraded Microsoft from a neutral rating to a sell rating and set a $212.00 price target on the stock. in a research report on Tuesday. Piper Sandler lowered their price target on Microsoft from $265.00 to $247.00 and set an overweight rating on the stock in a research report on Monday, January 9th. Finally, Macquarie started coverage on Microsoft in a research report on Wednesday, November 2nd. They issued a neutral rating and a $234.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and thirty have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $289.15.

Microsoft Trading Up 0.5 %

Microsoft stock opened at $240.35 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.84 and a quick ratio of 1.79. The company has a market capitalization of $1.79 trillion, a price-to-earnings ratio of 25.90, a PEG ratio of 2.35 and a beta of 0.94. Microsoft has a one year low of $213.43 and a one year high of $315.95. The company’s fifty day moving average price is $241.83 and its two-hundred day moving average price is $250.46.

Microsoft (NASDAQ:MSFTGet Rating) last posted its earnings results on Tuesday, October 25th. The software giant reported $2.35 EPS for the quarter, topping the consensus estimate of $2.29 by $0.06. The firm had revenue of $50.12 billion for the quarter, compared to the consensus estimate of $49.70 billion. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.27 earnings per share. On average, analysts forecast that Microsoft will post 9.52 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 9th. Investors of record on Wednesday, February 15th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, February 15th. Microsoft’s dividend payout ratio (DPR) is presently 29.31%.

Insiders Place Their Bets

In other Microsoft news, EVP Judson Althoff sold 24,144 shares of Microsoft stock in a transaction on Thursday, December 1st. The shares were sold at an average price of $254.27, for a total transaction of $6,139,094.88. Following the completion of the sale, the executive vice president now owns 150,047 shares of the company’s stock, valued at approximately $38,152,450.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.03% of the company’s stock.

Institutional Trading of Microsoft

A number of institutional investors have recently bought and sold shares of MSFT. DGS Capital Management LLC lifted its position in Microsoft by 19.9% in the 1st quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock valued at $4,422,000 after acquiring an additional 2,383 shares in the last quarter. IFM Investors Pty Ltd lifted its position in Microsoft by 20.8% in the 1st quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after acquiring an additional 196,338 shares in the last quarter. Altus Wealth Group LLC lifted its position in Microsoft by 1.2% in the 1st quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after acquiring an additional 152 shares in the last quarter. Powell Investment Advisors LLC lifted its position in Microsoft by 16.2% in the 1st quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after acquiring an additional 359 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC lifted its position in Microsoft by 8.2% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock valued at $1,921,000 after acquiring an additional 512 shares in the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.

Microsoft Company Profile

(Get Rating)

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.

Further Reading

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.