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

Calamos Wealth Management LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 224,258 shares of the software giant’s stock after purchasing an additional 3,833 shares during the period. Microsoft makes up about 4.7% of Calamos Wealth Management LLC’s holdings, making the stock its 5th biggest position. Calamos Wealth Management LLC’s holdings in Microsoft were worth $94,525,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Fiduciary Advisors Inc. acquired a new stake in Microsoft in the fourth quarter valued at $38,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 53.8% in the 4th 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 lifted its stake in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft during the third quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new position in Microsoft during the fourth quarter worth about $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

MSFT stock opened at $378.80 on Monday. The company has a market cap of $2.82 trillion, a PE ratio of 30.50, 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. The stock has a 50-day moving average price of $405.52 and a two-hundred day moving average price of $419.10. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the previous year, the business posted $2.93 earnings per share. As a group, research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

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 given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on MSFT shares. DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Tigress Financial upped their target price on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Scotiabank began coverage on Microsoft in a research note on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price target for the company. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Finally, Loop Capital raised their target price on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.59.

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.