JPMorgan Chase & Co. Has $1.70 Million Stake in Forrester Research, Inc. (NASDAQ:FORR)

JPMorgan Chase & Co. lifted its holdings in shares of Forrester Research, Inc. (NASDAQ:FORR - Free Report) by 1,969.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,204 shares of the technology company's stock after purchasing an additional 102,976 shares during the quarter. JPMorgan Chase & Co. owned 0.57% of Forrester Research worth $1,696,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Barclays PLC grew its holdings in shares of Forrester Research by 71.1% during the third quarter. Barclays PLC now owns 44,090 shares of the technology company's stock worth $794,000 after buying an additional 18,319 shares in the last quarter. SG Americas Securities LLC acquired a new position in Forrester Research during the 4th quarter worth approximately $111,000. State Street Corp grew its stake in shares of Forrester Research by 1.0% during the 3rd quarter. State Street Corp now owns 253,181 shares of the technology company's stock worth $4,560,000 after acquiring an additional 2,589 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Forrester Research by 7.8% in the fourth quarter. Rhumbline Advisers now owns 18,571 shares of the technology company's stock valued at $291,000 after purchasing an additional 1,337 shares during the last quarter. Finally, Royce & Associates LP lifted its position in shares of Forrester Research by 0.4% in the fourth quarter. Royce & Associates LP now owns 2,486,726 shares of the technology company's stock worth $38,967,000 after purchasing an additional 9,866 shares in the last quarter. Institutional investors own 55.20% of the company's stock.

Forrester Research Price Performance

NASDAQ:FORR opened at $10.18 on Friday. The company has a market cap of $193.23 million, a P/E ratio of -33.93, a P/E/G ratio of 1.22 and a beta of 0.93. The firm's fifty day moving average price is $10.00 and its two-hundred day moving average price is $13.69. Forrester Research, Inc. has a one year low of $8.50 and a one year high of $20.62. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.98.

Wall Street Analyst Weigh In

Separately, Sidoti raised Forrester Research to a "hold" rating in a research report on Wednesday, February 12th.

Forrester Research Company Profile

Forrester Research, Inc operates as an independent research and advisory company in the United States and internationally. The company operates in three segments: Research, Consulting, and Events. The Research segment primary subscription research services include Forrester Decisions, Forrester Research, and SiriusDecisions Research, which are designed to provide business and technology leaders with a proven path to growth through customer obsession.

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