November 24, 2016 - By Louis Casey · 0 Comments
Microsoft Corp (NASDAQ:MSFT) institutional sentiment decreased to 0.84 in 2016 Q2. Its down -0.15, from 0.99 in 2016Q1. The ratio has worsened, as 933 funds started new or increased positions, while 941 trimmed and sold stock positions in Microsoft Corp. The funds in our partner’s database now possess: 5.44 billion shares, down from 5.66 billion shares in 2016Q1. Also, the number of funds holding Microsoft Corp in their top 10 positions decreased from 782 to 642 for a decrease of 140. Sold All: 100 Reduced: 841 Increased: 836 New Position: 97.
Microsoft Corporation is a technology company. The company has a market cap of $471.64 billion. The Firm develops, licenses and supports a range of software products, services and devices. It has a 28.88 P/E ratio. The Company’s divisions are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
The stock decreased 1.18% or $0.72 on November 23, hitting $60.4. About 21.85 million shares traded hands. Microsoft Corporation (NASDAQ:MSFT) has risen 16.65% since April 22, 2016 and is uptrending. It has outperformed by 11.24% the S&P500.
Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 26. They expect $0.78 EPS, 0.00% or $0.00 from last year’s $0.78 per share. MSFT’s profit will be $6.09B for 19.36 P/E if the $0.78 EPS becomes a reality. After $0.76 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.63% EPS growth.
According to Zacks Investment Research, “Microsoft is a technology company. Their products include operating systems for computing devices, servers, phones, and other intelligent devices; server applications for distributed computing environments; cross-device productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. They also design and sell hardware including PCs, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories. They offer cloud-based solutions that provide customers with software, services, platforms, and content. They also provide consulting and product and solution support services, and they train and certify computer system integrators and developers.”
Smithwood Advisers L.P. holds 35.21% of its portfolio in Microsoft Corporation for 1.60 million shares. Valueact Holdings L.P. owns 56.62 million shares or 26.3% of their US portfolio. Moreover, Gvo Asset Management Ltd has 18.59% invested in the company for 3.11 million shares. The California-based Rwwm Inc. has invested 17.48% in the stock. Deccan Value Investors L.P., a Connecticut-based fund reported 2.63 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 12 selling transactions for $1.96 billion net activity.
Ratings analysis reveals 83% of Microsoft Corporation’s analysts are positive. Out of 24 Wall Street analysts rating Microsoft Corporation, 20 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $20 while the high is $70. The stock’s average target of $59.87 is -0.88% below today’s ($60.4) share price. MSFT was included in 66 notes of analysts from July 22, 2015. FBR Capital maintained it with “Outperform” rating and $60 target price in Friday, October 23 report. The firm has “Outperform” rating by FBN Securities given on Wednesday, July 20. As per Friday, October 21, the company rating was maintained by UBS. The rating was maintained by Nomura on Friday, October 21 with “Buy”. The stock has “Buy” rating given by Oppenheimer on Friday, August 7. Cowen & Co maintained the stock with “Market Perform” rating in Friday, April 1 report. Wunderlich upgraded the shares of MSFT in a report on Friday, October 21 to “Buy” rating. Pacific Crest maintained it with “Overweight” rating and $55 target price in Tuesday, September 22 report. On Monday, August 29 the stock rating was maintained by UBS with “Buy”. The firm has “Strong-Buy” rating given on Wednesday, September 2 by Vetr.
Microsoft Corporation, incorporated on September 22, 1993, is a technology company. The Firm develops, licenses and supports a range of software products, services and devices. The Company’s divisions are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. The Firm also designs, makes and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, which integrate with its cloud offerings. The Firm offers an array of services, including cloud solutions that provide clients with software, services, platforms, and content, and the Company provides solution support and consulting services. The Firm also delivers relevant online advertising to a global audience. As of June 30, 2016, the Company operated in 190 countries throughout the world.
More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Investorplace.com which released: “Trade of the Day: Microsoft Corporation (NASDAQ:MSFT)” on November 23, 2016, also Investorplace.com with their article: “Microsoft Corporation (MSFT) Stock Is Due for Even BIGGER Gains” published on November 21, 2016, Reuters.com published: “Exclusive: Microsoft set to win EU approval for LinkedIn buy – sources” on November 23, 2016. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Fool.com and their article: “Better Buy: Microsoft Corporation vs. Amazon.com, Inc.” published on November 09, 2016 as well as Fool.com‘s news article titled: “Better Buy: Microsoft Corporation vs. Apple Inc.” with publication date: November 12, 2016.
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By Louis Casey
Tags: Microsoft Corporation