UBS Group Analysts Give Microsoft (NASDAQ:MSFT) a $330.00 Price Target

UBS Group set a $330.00 price target on Microsoft (NASDAQ:MSFTGet Rating) in a research report sent to investors on Monday, Stock Target Advisor reports.

A number of other equities analysts have also recently issued reports on MSFT. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Microsoft from $390.00 to $350.00 and set a buy rating on the stock in a research report on Wednesday, April 27th. William Blair restated an outperform rating on shares of Microsoft in a research report on Wednesday, April 27th. Wedbush cut their target price on shares of Microsoft from $375.00 to $340.00 and set an outperform rating on the stock in a research note on Wednesday, April 27th. Wells Fargo & Company cut their target price on shares of Microsoft from $425.00 to $400.00 and set an overweight rating on the stock in a research note on Tuesday, April 19th. Finally, Citigroup lifted their target price on shares of Microsoft from $355.00 to $364.00 in a research note on Wednesday, April 27th. One investment analyst has rated the stock with a hold rating and twenty-nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average target price of $353.36.

Shares of NASDAQ:MSFT opened at $258.86 on Monday. The company’s fifty day moving average is $267.07 and its 200 day moving average is $293.43. Microsoft has a 52 week low of $241.51 and a 52 week high of $349.67. The stock has a market cap of $1.94 trillion, a PE ratio of 27.02, a PEG ratio of 2.29 and a beta of 0.94. The company has a quick ratio of 1.95, a current ratio of 1.99 and a debt-to-equity ratio of 0.30.

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 analysts’ consensus estimates of $2.18 by $0.04. Microsoft had a net margin of 37.63% and a return on equity of 44.85%. The firm had revenue of $49.36 billion for the quarter, compared to analysts’ expectations of $49.05 billion. During the same quarter in the previous year, the company earned $1.95 earnings per share. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. Sell-side analysts anticipate that Microsoft will post 9.28 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Wednesday, August 17th. This represents a $2.48 annualized dividend and a dividend yield of 0.96%. Microsoft’s dividend payout ratio is presently 25.89%.

Several hedge funds and other institutional investors have recently modified their holdings of MSFT. University of Texas Texas AM Investment Managment Co. raised its holdings in shares of Microsoft by 1,316.7% during the first quarter. University of Texas Texas AM Investment Managment Co. now owns 85 shares of the software giant’s stock valued at $26,000 after purchasing an additional 79 shares during the last quarter. Monumental Financial Group Inc. purchased a new position in shares of Microsoft during the first quarter valued at approximately $28,000. Joseph Group Capital Management purchased a new position in shares of Microsoft during the fourth quarter valued at approximately $1,535,000. Shore Point Advisors LLC purchased a new position in shares of Microsoft during the fourth quarter valued at approximately $40,000. Finally, Tobam raised its holdings in shares of Microsoft by 15,400.0% during the first quarter. Tobam now owns 155 shares of the software giant’s stock valued at $48,000 after purchasing an additional 154 shares during the last quarter. Hedge funds and other institutional investors own 69.99% 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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