New York: Microsoft (NASDAQ:MSFT) Stock Has Just Had Its “Outperform” Rating Reiterated by Credit Suisse. Shares now Have a $84 Target

July 17, 2017 - By Stephen Andrade

 New York: Microsoft (NASDAQ:MSFT) Stock Has Just Had Its

Investors sentiment increased to 0.95 in Q4 2016. Its up 0.11, from 0.84 in 2016Q3. It increased, as 49 investors sold Microsoft Corporation shares while 897 reduced holdings. 155 funds opened positions while 739 raised stakes. 5.51 billion shares or 2.12% more from 5.39 billion shares in 2016Q3 were reported.

Atalanta Sosnoff Capital Lc reported 4.1% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Alpha Cubed Invests Ltd Liability Co holds 2.66% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 178,695 shares. Kornitzer Cap Mngmt Incorporated Ks invested in 1.54M shares. Meridian Investment Counsel has 1.14% invested in Microsoft Corporation (NASDAQ:MSFT). Alliancebernstein Limited Partnership has invested 1.53% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Rnc Management Limited Liability Corp reported 484,922 shares stake. Cannell Peter B And stated it has 1.28 million shares. Northeast Fincl Consultants reported 0.24% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Stelac Advisory Serv Limited Company holds 0.03% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 1,646 shares. Fundsmith Limited Liability Partnership holds 8.45% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 10.20M shares. Cidel Asset Mngmt Inc accumulated 1.05% or 339,541 shares. De Burlo Group holds 0.14% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 9,177 shares. North Star Invest Mngmt Corporation owns 1.05% invested in Microsoft Corporation (NASDAQ:MSFT) for 112,240 shares. Lesa Sroufe holds 0.97% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 17,944 shares. Rand Wealth Ltd reported 0.68% stake.

Since January 30, 2017, it had 0 insider buys, and 14 selling transactions for $2.55 billion activity. $696.54M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Morfit G Mason on Wednesday, February 1. The insider Capossela Christopher C sold 4,927 shares worth $338,709. $253.92 million worth of Microsoft Corporation (NASDAQ:MSFT) was sold by GATES WILLIAM H III. On Thursday, May 25 COURTOIS JEAN PHILIPPE sold $1.81M worth of Microsoft Corporation (NASDAQ:MSFT) or 26,165 shares. BROD FRANK H sold $490,125 worth of stock or 7,500 shares.

Microsoft (NASDAQ:MSFT) Rating Reaffirmed

They currently have a $84 price target on Microsoft (NASDAQ:MSFT). The target price by Credit Suisse would suggest a potential upside of 15.01 % from the company’s last price. This has been revealed to investors in an analyst report on Monday morning.

Investors sentiment increased to 0.95 in Q4 2016. Its up 0.11, from 0.84 in 2016Q3. It increased, as 49 investors sold Microsoft Corporation shares while 897 reduced holdings. 155 funds opened positions while 739 raised stakes. 5.51 billion shares or 2.12% more from 5.39 billion shares in 2016Q3 were reported.

Atalanta Sosnoff Capital Lc reported 4.1% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Alpha Cubed Invests Ltd Liability Co holds 2.66% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 178,695 shares. Kornitzer Cap Mngmt Incorporated Ks invested in 1.54M shares. Meridian Investment Counsel has 1.14% invested in Microsoft Corporation (NASDAQ:MSFT). Alliancebernstein Limited Partnership has invested 1.53% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Rnc Management Limited Liability Corp reported 484,922 shares stake. Cannell Peter B And stated it has 1.28 million shares. Northeast Fincl Consultants reported 0.24% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Stelac Advisory Serv Limited Company holds 0.03% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 1,646 shares. Fundsmith Limited Liability Partnership holds 8.45% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 10.20M shares. Cidel Asset Mngmt Inc accumulated 1.05% or 339,541 shares. De Burlo Group holds 0.14% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 9,177 shares. North Star Invest Mngmt Corporation owns 1.05% invested in Microsoft Corporation (NASDAQ:MSFT) for 112,240 shares. Lesa Sroufe holds 0.97% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 17,944 shares. Rand Wealth Ltd reported 0.68% stake.

Since January 30, 2017, it had 0 insider buys, and 14 selling transactions for $2.55 billion activity. $696.54M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Morfit G Mason on Wednesday, February 1. The insider Capossela Christopher C sold 4,927 shares worth $338,709. $253.92 million worth of Microsoft Corporation (NASDAQ:MSFT) was sold by GATES WILLIAM H III. On Thursday, May 25 COURTOIS JEAN PHILIPPE sold $1.81M worth of Microsoft Corporation (NASDAQ:MSFT) or 26,165 shares. BROD FRANK H sold $490,125 worth of stock or 7,500 shares.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 30 analysts covering Microsoft Corporation (NASDAQ:MSFT), 25 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation has $80 highest and $20 lowest target. $67’s average target is -8.27% below currents $73.04 stock price. Microsoft Corporation had 89 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained it with “Sell” rating and $4500 target in Friday, July 14 report. The company was maintained on Friday, January 29 by Wunderlich. UBS maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, January 29. UBS has “Buy” rating and $60 target. As per Wednesday, January 11, the company rating was initiated by Wells Fargo. Wunderlich maintained it with “Hold” rating and $60 target in Wednesday, July 20 report. The firm has “Buy” rating given on Friday, August 7 by Oppenheimer. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by Atlantic Securities on Thursday, November 10. Stifel Nicolaus maintained the shares of MSFT in report on Monday, July 3 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Strong-Buy” rating given on Thursday, August 27 by Vetr. The stock has “Hold” rating by Canaccord Genuity on Friday, January 27.

About 12.96 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since July 17, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Investors wait Microsoft Corporation (NASDAQ:MSFT) to report on July, 18. its quarterly earnings Wall Street analysts expect $0.70 earnings per share, up $0.01 or 1.45 % from last year’s $0.69 same quarter earnings. This translates into $5.48B profit for MSFT giving the stock a 26.09 P/E. This is assuming the current $0.70 EPS is accurate. Microsoft Corporation’s Wall Street analysts see -4.11 % negative EPS growth, taking into account the $0.73 EPS reproted in the previous quarter,

Microsoft Corporation is a technology company. The company has market cap of $571.80 billion. The Firm develops, licenses, and supports a range of software products, services and devices. It has a 32.2 P/E ratio. The Company’s divisions include Productivity and Business Processes, Intelligent Cloud and More Personal Computing.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft Is Likely To Beat Earnings” on July 13, 2017, also Seekingalpha.com with their article: “Microsoft: The New Adobe?” published on July 17, 2017, Benzinga.com published: “Dan Nathan’s Microsoft Options Trade” on July 17, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft: On Cloud 9?” published on July 14, 2017 as well as Investorplace.com‘s news article titled: “3 Stocks to Watch on Monday: BlackRock, Inc. (BLK), Microsoft Corporation …” with publication date: July 17, 2017.

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