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

Calamos Wealth Management LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 9.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 206,823 shares of the software giant’s stock after selling 20,981 shares during the quarter. Microsoft makes up about 4.8% of Calamos Wealth Management LLC’s holdings, making the stock its 3rd largest position. Calamos Wealth Management LLC’s holdings in Microsoft were worth $63,765,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ACT Wealth Management LLC raised its position in shares of Microsoft by 0.8% in the 4th quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant’s stock valued at $1,378,000 after purchasing an additional 34 shares in the last quarter. Wealth Enhancement & Preservation of GA LLC raised its position in shares of Microsoft by 0.7% during the 4th quarter. Wealth Enhancement & Preservation of GA LLC now owns 4,995 shares of the software giant’s stock valued at $1,680,000 after acquiring an additional 34 shares in the last quarter. KB Financial Partners LLC raised its position in shares of Microsoft by 0.5% during the 4th quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant’s stock valued at $2,404,000 after acquiring an additional 35 shares in the last quarter. Valtinson Bruner Financial Planning LLC raised its position in shares of Microsoft by 0.9% during the 1st quarter. Valtinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant’s stock valued at $1,186,000 after acquiring an additional 37 shares in the last quarter. Finally, Strategic Asset Management LLC raised its position in shares of Microsoft by 5.9% during the 1st quarter. Strategic Asset Management LLC now owns 659 shares of the software giant’s stock valued at $203,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 69.99% of the company’s stock.

Microsoft Trading Down 1.1 %

Shares of MSFT stock opened at $274.82 on Wednesday. The stock has a 50-day simple moving average of $262.01 and a 200 day simple moving average of $280.55. Microsoft Co. has a fifty-two week low of $241.51 and a fifty-two week high of $349.67. The stock has a market capitalization of $2.05 trillion, a P/E ratio of 28.51, a P/E/G ratio of 2.36 and a beta of 0.93. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.28.

Microsoft (NASDAQ:MSFTGet Rating) last announced its earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same period in the prior year, the firm posted $2.17 EPS. On average, sell-side analysts expect that Microsoft Co. will post 10.14 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Thursday, August 18th will be given a $0.62 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.90%. Microsoft’s dividend payout ratio (DPR) is 25.73%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several research reports. Cowen reissued a “maintains” rating and set a $320.00 price target (down from $330.00) on shares of Microsoft in a research report on Wednesday, July 27th. KeyCorp dropped their price target on Microsoft from $373.00 to $330.00 and set an “overweight” rating on the stock in a research report on Thursday, July 7th. Wolfe Research dropped their price target on Microsoft from $320.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, July 29th. The Goldman Sachs Group set a $365.00 price target on Microsoft in a research report on Wednesday, April 27th. Finally, Rosenblatt Securities dropped their target price on Microsoft from $349.00 to $330.00 and set a “buy” rating on the stock in a research report on Tuesday, July 26th. One equities research analyst has rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $334.47.

Microsoft Company Profile

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Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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