Traders sold shares of Microsoft Corp. (NASDAQ:MSFT) on strength during trading hours on Thursday. $183.66 million flowed into the stock on the tick-up and $483.45 million flowed out of the stock on the tick-down, for a money net flow of $299.79 million out of the stock. Of all equities tracked, Microsoft Corp. had the 0th highest net out-flow for the day. Microsoft Corp. traded up $0.02 for the day and closed at $56.21

MSFT has been the subject of a number of research analyst reports. Pacific Crest reiterated a “buy” rating and issued a $65.00 target price on shares of Microsoft Corp. in a report on Thursday, March 31st. Credit Suisse Group AG restated an “outperform” rating and set a $62.50 price objective on shares of Microsoft Corp. in a report on Thursday, March 31st. Bank of America Corp. restated a “buy” rating and set a $65.00 price objective on shares of Microsoft Corp. in a report on Thursday, March 31st. Sanford C. Bernstein set a $67.00 price objective on Microsoft Corp. and gave the company a “buy” rating in a report on Friday, April 1st. Finally, Cowen and Company boosted their price objective on Microsoft Corp. from $57.00 to $59.00 and gave the company a “market perform” rating in a report on Friday, April 1st. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-one have given a buy rating to the company’s stock. Microsoft Corp. presently has a consensus rating of “Buy” and an average target price of $58.88.

The company has a market capitalization of $438.89 billion and a P/E ratio of 26.77. The firm’s 50 day moving average is $52.35 and its 200 day moving average is $52.38.

Microsoft Corp. (NASDAQ:MSFT) last released its earnings results on Tuesday, July 19th. The software giant reported $0.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.11. The company had revenue of $22.60 billion for the quarter, compared to analysts’ expectations of $22.15 billion. During the same quarter last year, the firm posted $0.60 earnings per share. On average, equities analysts predict that Microsoft Corp. will post $2.89 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, August 16th. This represents a $1.44 dividend on an annualized basis and a yield of 2.56%.

In other Microsoft Corp. news, CMO Christopher C. Capossela sold 5,337 shares of the firm’s stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $50.89, for a total transaction of $271,599.93. Following the sale, the chief marketing officer now directly owns 270,548 shares of the company’s stock, valued at $13,768,187.72. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William H. Gates III sold 2,500,000 shares of the firm’s stock in a transaction dated Thursday, July 21st. The shares were sold at an average price of $55.94, for a total value of $139,850,000.00. The disclosure for this sale can be found here.

A number of large investors have bought and sold shares of the stock. Tiedemann Wealth Management LLC boosted its stake in Microsoft Corp. by 8.4% in the fourth quarter. Tiedemann Wealth Management LLC now owns 18,711 shares of the software giant’s stock worth $1,038,000 after buying an additional 1,451 shares in the last quarter. Thompson Davis & CO. Inc. boosted its stake in Microsoft Corp. by 1.3% in the fourth quarter. Thompson Davis & CO. Inc. now owns 20,358 shares of the software giant’s stock worth $1,129,000 after buying an additional 259 shares in the last quarter. Security National Bank of SO Dak boosted its stake in Microsoft Corp. by 6.2% in the fourth quarter. Security National Bank of SO Dak now owns 20,879 shares of the software giant’s stock worth $1,158,000 after buying an additional 1,225 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Microsoft Corp. by 1.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 20,901 shares of the software giant’s stock worth $1,159,000 after buying an additional 264 shares in the last quarter. Finally, Bourgeon Capital Management LLC boosted its stake in Microsoft Corp. by 0.8% in the fourth quarter. Bourgeon Capital Management LLC now owns 24,010 shares of the software giant’s stock worth $1,332,000 after buying an additional 200 shares in the last quarter.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.

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