Boston Trust Walden Corp boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 487,283 shares of the technology company's stock after buying an additional 103,388 shares during the quarter. Boston Trust Walden Corp owned approximately 0.44% of Check Point Software Technologies worth $90,976,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. S.A. Mason LLC acquired a new stake in shares of Check Point Software Technologies during the fourth quarter worth $140,000. Oregon Pacific Wealth Management LLC bought a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $344,000. CENTRAL TRUST Co acquired a new stake in Check Point Software Technologies during the fourth quarter worth about $56,000. DAVENPORT & Co LLC lifted its holdings in Check Point Software Technologies by 2.4% in the fourth quarter. DAVENPORT & Co LLC now owns 3,028 shares of the technology company's stock worth $565,000 after acquiring an additional 71 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. boosted its stake in Check Point Software Technologies by 15.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,211 shares of the technology company's stock valued at $599,000 after acquiring an additional 420 shares during the period. Institutional investors and hedge funds own 98.51% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Check Point Software Technologies from $207.00 to $221.00 and gave the stock a "neutral" rating in a research report on Friday. Robert W. Baird dropped their target price on Check Point Software Technologies from $210.00 to $205.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 30th. Mizuho upped their price target on shares of Check Point Software Technologies from $178.00 to $205.00 and gave the stock a "neutral" rating in a research report on Thursday, October 17th. Citigroup lifted their price objective on shares of Check Point Software Technologies from $185.00 to $190.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Finally, Guggenheim restated a "neutral" rating on shares of Check Point Software Technologies in a research note on Friday. Nineteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Check Point Software Technologies currently has an average rating of "Hold" and an average target price of $215.59.
Read Our Latest Analysis on Check Point Software Technologies
Check Point Software Technologies Stock Performance
Shares of NASDAQ:CHKP opened at $218.02 on Monday. The stock has a market capitalization of $23.98 billion, a price-to-earnings ratio of 29.19, a PEG ratio of 3.41 and a beta of 0.65. Check Point Software Technologies Ltd. has a 1-year low of $145.75 and a 1-year high of $226.02. The company has a 50 day moving average price of $188.67 and a 200 day moving average price of $187.97.
Check Point Software Technologies Company Profile
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Free Report)
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.
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