Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Calamos Wealth Management LLC

Calamos Wealth Management LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 224,258 shares of the software giant’s stock after buying an additional 3,833 shares during the period. Microsoft accounts for 4.7% of Calamos Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Calamos Wealth Management LLC’s holdings in Microsoft were worth $94,525,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp raised its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares during the period. Ironwood Wealth Management LLC. increased its holdings in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares during the last quarter. AMF Tjanstepension AB grew its stake in shares of Microsoft by 1.8% in the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after buying an additional 49,735 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in Microsoft by 41.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 173,303 shares of the software giant’s stock worth $74,572,000 after acquiring an additional 50,630 shares in the last quarter. Finally, MorganRosel Wealth Management LLC boosted its holdings in Microsoft by 3.2% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 5,631 shares of the software giant’s stock valued at $2,423,000 after acquiring an additional 175 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Trading Down 3.0 %

MSFT opened at $378.80 on Monday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52 week low of $376.91 and a 52 week high of $468.35. The business’s 50 day moving average is $405.52 and its two-hundred day moving average is $419.10. The firm has a market cap of $2.82 trillion, a price-to-earnings ratio of 30.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the prior year, the business posted $2.93 earnings per share. On average, research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Scotiabank assumed coverage on shares of Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. Piper Sandler restated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Wedbush reiterated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Thursday, March 20th. Finally, DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and lifted their target price for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $510.59.

About Microsoft

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.