Boston Advisors LLC boosted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 86,305 shares of the technology company’s stock after purchasing an additional 930 shares during the quarter. Boston Advisors LLC owned about 0.05% of Check Point Software Technologies worth $8,943,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Harding Loevner LP lifted its stake in shares of Check Point Software Technologies by 3,559.4% in the third quarter. Harding Loevner LP now owns 214,296,110 shares of the technology company’s stock worth $495,041,000 after buying an additional 208,440,017 shares in the last quarter. Schroder Investment Management Group lifted its stake in shares of Check Point Software Technologies by 4.2% in the third quarter. Schroder Investment Management Group now owns 5,513,142 shares of the technology company’s stock worth $619,512,000 after buying an additional 220,009 shares in the last quarter. APG Asset Management N.V. lifted its stake in shares of Check Point Software Technologies by 53.0% in the third quarter. APG Asset Management N.V. now owns 2,548,811 shares of the technology company’s stock worth $290,615,000 after buying an additional 883,300 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in shares of Check Point Software Technologies by 10.2% in the third quarter. Neuberger Berman Group LLC now owns 1,655,376 shares of the technology company’s stock worth $188,746,000 after buying an additional 153,197 shares in the last quarter. Finally, BT Investment Management Ltd lifted its stake in shares of Check Point Software Technologies by 8.7% in the third quarter. BT Investment Management Ltd now owns 1,653,543 shares of the technology company’s stock worth $188,537,000 after buying an additional 132,949 shares in the last quarter. Institutional investors and hedge funds own 71.70% of the company’s stock.

Check Point Software Technologies Ltd. (CHKP) opened at $103.97 on Friday. Check Point Software Technologies Ltd. has a 52-week low of $96.25 and a 52-week high of $119.20. The firm has a market cap of $16,990.00, a P/E ratio of 22.22, a price-to-earnings-growth ratio of 2.07 and a beta of 0.62.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Tuesday, October 31st. The technology company reported $1.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.06. Check Point Software Technologies had a net margin of 42.80% and a return on equity of 22.46%. The business had revenue of $454.63 million for the quarter, compared to the consensus estimate of $449.39 million. equities analysts expect that Check Point Software Technologies Ltd. will post 4.82 EPS for the current fiscal year.

Several research analysts have recently issued reports on the stock. Cleveland Research downgraded shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating in a research note on Thursday. BidaskClub downgraded shares of Check Point Software Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. Zacks Investment Research downgraded shares of Check Point Software Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. downgraded shares of Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $121.00 price objective on the stock. in a research report on Tuesday, December 12th. Finally, Stifel Nicolaus restated a “hold” rating and set a $100.00 price objective on shares of Check Point Software Technologies in a research report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, twenty have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $113.89.

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Check Point Software Technologies Profile

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

Institutional Ownership by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

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