The Twin Capital Management Inc. Decreases Stake in Microsoft Co. (MSFT)
- Author: Arturo Norris Mar 15, 2017,
Mar 15, 2017, 16:57
The stock has recorded a 20-day Moving Average of 0.84% and the 50-Day Moving Average is 2.34%.The 200 Day SMA reached 12.06% Microsoft Corporation (NASDAQ:MSFT) has climbed 1.06% in the past week and advanced 1.45% in the last 4 weeks.
Microsoft Corporation (NASDAQ:MSFT): On Friday heightened volatility was witnessed in Microsoft Corporation (NASDAQ:MSFT) which led to swings in the share price. (NASDAQ:MSFT) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Peddock Capital Advisors LLC purchased a new stake in Microsoft during the third quarter valued at about $130,000. The fund owned 8,190 shares of the software giant's stock after buying an additional 137 shares during the period. Tesco Pension Investment Ltd purchased a new stake in Microsoft during the third quarter valued at about $170,936,000. Sandy Spring Bank now owns 277,037 shares of the software giant's stock valued at $16,003,000 after buying an additional 9,165 shares during the last quarter. Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. While 10 number of analysts gave ratings for HOLD in current as compared to 2 analyst giving UNDERWEIGHT. The 52-week range of the share price is from $4.00 - $11.30. Windsor Capital Management LLC purchased a new stake in Microsoft during the third quarter valued at about $206,000. IFP Advisors Inc boosted its stake in Microsoft by 4.1% in the second quarter. The ex-dividend date of this dividend is Tuesday, May 16th. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 5.1%. The relative price strength of Microsoft Corporation has a positive value of 29.64 compared to overall market.The Stock has a 52 week low of $48.03 and one year high of $65.91. Insiders have sold a total of 19,623,500 shares of company stock worth $1,253,600,525 over the last 90 days.
Microsoft Corporation Last issued its quarterly earnings results on Jan 26, 2017. Finally, Oppenheimer Holdings Inc. reissued an "outperform" rating and issued a $70.00 price target on shares of Microsoft in a research note on Tuesday, January 31st. The software giant reported $0.84 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.79 by $0.05. Microsoft Corporation P/E (price to earnings) ratio is 30.32 and Forward P/E ratio of 19.79. Hanson McClain Inc. now owns 21,818 shares of the software giant's stock worth $1,116,000 after buying an additional 418 shares during the period.
Financial Times data shows, In 2016, Microsoft Corp reported a dividend of 1.39 United States dollars, which represents a 14.88% increase over past year. During the same quarter in the previous year, the business posted $0.78 EPS. Barclays PLC set a $70.00 price target on Microsoft and gave the stock a "buy" rating in a research note on Friday, January 6th. Equities research analysts predict that Microsoft Co. will post $2.98 EPS for the current fiscal year. If you are accessing this article on another publication, it was illegally stolen and republished in violation of USA and global trademark & copyright law. The original version of this news story can be viewed at https://baseballnewssource.com/markets/sanford-c-bernstein-reiterates-76-00-price-target-for-microsoft-co-msft/504203.html. Finally, Tigress Financial raised Microsoft from a neutral rating to a buy rating in a research note on Monday, January 23rd. Buy rating has been given by 14 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 5 analysts given HOLD rating. Microsoft has a consensus rating of "Buy" and an average price target of $67.09. Also, Director William H. Gates III sold 2,000,000 shares of the stock in a transaction that occurred on Monday, January 30th. The stock lost -0.34% in total of its share price. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The disclosure for this sale can be found here. Institutional investors own 72.29% of the company's stock.
Microsoft Corporation is a technology company. The Company's segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. They also provide consulting and product and solution support services, and they train and certify computer system integrators and developers.