First Bancorp Inc ME fell shares of Microsoft Co. (NASDAQ:MSFT – Get Score) 3.9% in the first quarter, Holdings Channel reported. The agency held 12,535 shares of big software inventory after selling 503 shares in the quarter. Microsoft accounts for about 3.5% of First Bancorp Inc ME’s funding portfolio, making the inventory the sixth largest holding. First Bancorp Inc ME’s shares in Microsoft were worth $3,864,000 at the end of the last reporting interval.
Many other institutional buyers and hedge funds have also recently changed their holdings in the company. Joseph Group Capital Administration acquired a brand new spot in Microsoft for approximately $1,535,000 during the fourth quarter. Shore Level Advisors LLC bought a new spot in Microsoft inventory worth about $40,000 during the fourth quarter. Macroview Financing Administration LLC purchased new market value of approximately $62,000 in inventory from Microsoft during the fourth quarter. Artemis Wealth Advisors LLC bought a brand new spot in Microsoft stocks worth about $68,000 during the first quarter. Finally, Evolution Advisers Inc. purchased approximately $84,000 new worth of inventory from Microsoft during the fourth quarter. 69.99% of inventory is held by institutional buyers and hedge funds.
Wall Road analysts’ development forecasts
A number of inventory analysts have recently commented on MSFT shares. Jefferies Monetary Group lowered its target value at Microsoft from $325.00 to $320.00 in a report released Monday, June 13. Stifel Nicolaus lowered his target value at Microsoft from $350.00 to $320.00 in a Thursday, June 2 report. Goldman Sachs Group set a target value for Microsoft of $365.00 in a report released on Wednesday, April 27. Evercore ISI lowered its value target at Microsoft from $370.00 to $330.00 and set an “in-line” score for inventory in a report released Wednesday, April 27. Finally, Deutsche Financial Rese bank set a value target of $350.00 for Microsoft in a report released on Monday, July 18. One inventory analysis analyst rated inventory with a hold score, and thirty-one rated company inventory with a buy score. According to MarketBeat, Microsoft currently has an “average buy” consensus score and a consensus price target of $346.52.
Microsoft inventory down 1.7%
NASDAQ MSFT opened Friday at $260.36. Microsoft Co. 12-month low of $241.51 and 12-month high of $349.67. The company’s 50-day easy-change average is $260.39 and its 200-day easy-change average is $283.19. The company has a market capitalization of $1.95 trillion, a P/E ratio of 27.18, a PEG ratio of 2.05 and a beta of 0.93. The company’s debt-to-equity ratio is 0.30, the current ratio is 1.99, and the quick ratio is 1.95.
Microsoft (NASDAQ:MSFT – Get Score) presented its final results on Tuesday, April 26. The software reported EPS of $2.22 for the quarter, beating the consensus estimate of $2.18 by $0.04. Microsoft had an internet margin of 37.63% and a return on equity of 44.85%. The company generated $49.36 billion in revenue during the quarter, versus $49.05 billion expected by analysts. For a similar period last year, the company reported earnings of $1.95 per share. The company’s revenue for the quarter increased 18.4% year over year. Equity analysis analysts expect Microsoft Co. to report 9.27 earnings per share for the current 12-month fiscal year.