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

Calamos Wealth Management LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,258 shares of the software giant's stock after acquiring an additional 3,833 shares during the quarter. Microsoft accounts for 4.7% of Calamos Wealth Management LLC's 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 Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC grew its position in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management increased its stake in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after buying an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Microsoft in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft during the 4th quarter worth about $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSFT has been the subject of several research analyst reports. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Scotiabank started coverage on Microsoft in a report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 price target for the company. Wedbush reaffirmed an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th. Royal Bank of Canada reissued an "outperform" rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Finally, 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. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $508.86.

Remove Ads

Microsoft Price Performance

Microsoft stock traded up $6.80 during midday trading on Tuesday, reaching $382.19. The company's stock had a trading volume of 19,430,156 shares, compared to its average volume of 20,577,346. The stock has a market cap of $2.84 trillion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52 week low of $367.24 and a 52 week high of $468.35. The business has a 50-day moving average price of $404.45 and a 200-day moving average price of $418.77.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 quarter last year, the firm posted $2.93 EPS. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 26.73%.

Microsoft Profile

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.