Published: Fri, May 19, 2017
Sci-tech | By Carrie Guzman

L & S Advisors Inc Acquires New Stake in Microsoft Co. (MSFT)

Microsoft Corporation (NASDAQ:MSFT) has risen 6.00% since April 18, 2017 and is uptrending. $225.54 million flowed into the stock on the tick-up and $324.60 million flowed out of the stock on the tick-down, for a money net flow of $99.06 million out of the stock. Also, insider Jean Philippe Courtois sold 26,694 shares of the business's stock in a transaction that occurred on Wednesday, May 3rd. Stock's minimum price target estimates has been figured out at $45 while the maximum price target forecast is established at $90, if we look at the price target with an optimistic approach it has upside potential of 32% from its latest closing price of $69.41. The Company has 52-week high of $69.71 and 52-week low of $47.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

In other Microsoft news, insider G Mason Morfit sold 4,616,000 shares of the business's stock in a transaction that occurred on Thursday, February 23rd. The shares were sold at an average price of $68.90, for a total value of $172,250,000.00. The disclosure for this sale can be found here. Kanawha Mngmt Limited Liability Com owns 234,962 shares or 2.45% of their USA portfolio.

A number of research firms have recently issued reports on MSFT. Jefferies maintained the shares of MSFT in report on Friday, January 29 with "Underperform" rating. JJJ Advisors Inc. bought a new position in shares of Microsoft during the fourth quarter worth about $186,000. Deutsche Bank AG upped their target price on shares of Microsoft from $75.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, May 12th. Finally, JPMorgan Chase & Co. set a $59.00 price target on shares of Microsoft and gave the company a "neutral" rating in a research note on Wednesday, January 25th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the stock. Microsoft Corporation has far performed well this year, with the share price up 9.25% since January. The company has market cap of $537.68 billion.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, April 27th. The stock of Microsoft Corporation (NASDAQ:MSFT) has "Buy" rating given on Tuesday, April 19 by Nomura. The firm had revenue of $23.56 billion for the quarter, compared to the consensus estimate of $23.62 billion. During the same quarter a year ago, the business posted $0.62 earnings per share. The business's quarterly revenue was up 6.3% compared to the same quarter past year. Equities analysts anticipate that Microsoft Co. will post $3.03 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 8th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, May 16th. Clean Yield Grp reported 1.06% in Microsoft Corporation (NASDAQ:MSFT). Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 2.80. Trust Co. of Vermont boosted its stake in shares of Microsoft by 7.3% in the third quarter.

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The volume of the particular stock is the shares bought and sold in a single trading day.

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A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Shinko Asset Management Co. It also reduced its holding in Ingersoll (NYSE:IR) by 333,507 shares in the quarter, leaving it with 21,463 shares, and cut its stake in Kansas City Southern (NYSE:KSU). The firm purchased 40,000 shares of the software giant's stock, valued at approximately $2,486,000. The Parthenon Llc holds 418,269 shares with $25.99M value, down from 424,001 last quarter. Cpcm LLC acquired a new stake in Microsoft during the fourth quarter worth about $16,824,000. Cantab Capital Partners LLP now owns 33,051 shares of the software giant's stock worth $2,054,000 after buying an additional 6,664 shares in the last quarter. Jensen owns 5.91 million shares. Abner Herrman And Brock Limited Liability Company invested 3.01% in Microsoft Corporation (NASDAQ:MSFT).

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In case of Revenue Estimates, 24260000 analysts have provided their consensus Average Revenue Estimates for Microsoft Corporation as 26000.

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