Microsoft’s (MSFT) Buy Rating Reiterated at DZ Bank

DZ Bank reiterated their buy rating on shares of Microsoft (NASDAQ:MSFT) in a research report released on Friday morning, Borsen Zeitung reports.

Several other brokerages also recently commented on MSFT. Cowen reaffirmed an outperform rating and set a $69.00 price objective (up from $67.00) on shares of Delta Air Lines in a research note on Thursday, July 11th. Wells Fargo & Co set a $29.00 price objective on shares of Establishment Labs and gave the company a buy rating in a research note on Friday, July 12th. Nomura upped their price objective on shares of Visa from $175.00 to $178.00 and gave the company a buy rating in a research note on Thursday, April 25th. UBS Group reaffirmed a buy rating and set a $124.00 price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research note on Thursday, April 25th. Finally, Barclays upped their price objective on shares of T. Rowe Price Group from $90.00 to $95.00 and gave the company an underweight rating in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-seven have given a buy rating and three have given a strong buy rating to the stock. Microsoft has an average rating of Buy and a consensus price target of $146.41.

Shares of NASDAQ:MSFT opened at $136.62 on Friday. The company has a market capitalization of $1,046.89 billion, a P/E ratio of 28.76, a price-to-earnings-growth ratio of 2.43 and a beta of 1.21. The company’s 50-day moving average price is $133.73. The company has a current ratio of 2.53, a quick ratio of 2.50 and a debt-to-equity ratio of 0.71. Microsoft has a 12 month low of $93.96 and a 12 month high of $140.67.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, July 18th. The software giant reported $1.37 EPS for the quarter, beating the consensus estimate of $1.21 by $0.16. The firm had revenue of $33.72 billion during the quarter, compared to the consensus estimate of $32.80 billion. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.13 earnings per share. As a group, equities research analysts expect that Microsoft will post 5.15 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Wednesday, August 14th. Microsoft’s payout ratio is 38.74%.

In other news, EVP Kathleen T. Hogan sold 15,947 shares of the stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $133.17, for a total transaction of $2,123,661.99. Following the sale, the executive vice president now owns 202,518 shares in the company, valued at $26,969,322.06. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christopher C. Capossela sold 5,000 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total transaction of $630,100.00. Following the sale, the executive vice president now owns 144,934 shares in the company, valued at approximately $18,264,582.68. The disclosure for this sale can be found here. In the last quarter, insiders have sold 216,247 shares of company stock worth $28,204,754. Corporate insiders own 1.38% of the company’s stock.

Several large investors have recently bought and sold shares of MSFT. Quantamental Technologies LLC purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $26,000. Highwater Wealth Management LLC purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $27,000. Centaurus Financial Inc. grew its holdings in shares of Microsoft by 21.1% during the first quarter. Centaurus Financial Inc. now owns 3,222 shares of the software giant’s stock valued at $27,000 after buying an additional 561 shares during the last quarter. Mackey Komara & Dankovich LLC purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $30,000. Finally, Ayalon Holdings Ltd. purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 72.04% of the company’s stock.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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