Henry James International Management Inc. Acquires 71 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Henry James International Management Inc. increased its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 0.2% in the 4th quarter, HoldingsChannel reports. The fund owned 28,974 shares of the technology company’s stock after buying an additional 71 shares during the quarter. Check Point Software Technologies makes up about 1.9% of Henry James International Management Inc.’s holdings, making the stock its 15th largest holding. Henry James International Management Inc.’s holdings in Check Point Software Technologies were worth $5,409,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mutual of America Capital Management LLC grew its stake in shares of Check Point Software Technologies by 5.0% in the 4th quarter. Mutual of America Capital Management LLC now owns 72,913 shares of the technology company’s stock worth $13,613,000 after buying an additional 3,489 shares in the last quarter. Bruni J V & Co. Co. increased its stake in Check Point Software Technologies by 0.9% in the fourth quarter. Bruni J V & Co. Co. now owns 118,434 shares of the technology company’s stock worth $22,112,000 after purchasing an additional 1,090 shares during the period. QRG Capital Management Inc. lifted its holdings in Check Point Software Technologies by 14.8% during the 4th quarter. QRG Capital Management Inc. now owns 2,051 shares of the technology company’s stock valued at $383,000 after buying an additional 265 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Check Point Software Technologies during the fourth quarter valued at approximately $13,838,000. Finally, Oppenheimer Asset Management Inc. raised its position in Check Point Software Technologies by 96.2% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,881 shares of the technology company’s stock valued at $1,471,000 after purchasing an additional 3,865 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Stock Up 1.6 %

Shares of CHKP opened at $220.26 on Friday. The stock has a market cap of $24.22 billion, a PE ratio of 29.49, a price-to-earnings-growth ratio of 3.41 and a beta of 0.65. Check Point Software Technologies Ltd. has a 52-week low of $145.75 and a 52-week high of $226.02. The firm’s fifty day moving average is $201.38 and its two-hundred day moving average is $193.31.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CHKP shares. The Goldman Sachs Group lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and boosted their price target for the company from $204.00 to $207.00 in a report on Thursday, January 2nd. Robert W. Baird upgraded Check Point Software Technologies from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $235.00 to $255.00 in a research note on Thursday. Needham & Company LLC reissued a “hold” rating on shares of Check Point Software Technologies in a research report on Thursday. UBS Group raised their price target on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Finally, Stifel Nicolaus boosted their price objective on Check Point Software Technologies from $190.00 to $220.00 and gave the company a “hold” rating in a report on Friday, January 31st. Eighteen investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $221.91.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.