Sei Investments Co. boosted its holdings in shares of Micro Focus International PLC – (NYSE:MFGP) by 59.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 408,808 shares of the company’s stock after buying an additional 153,185 shares during the quarter. Sei Investments Co. owned 0.09% of Micro Focus International worth $7,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. TIAA CREF Investment Management LLC purchased a new position in Micro Focus International during the 4th quarter worth approximately $125,000. Cambridge Investment Research Advisors Inc. raised its position in Micro Focus International by 41.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,712 shares of the company’s stock worth $207,000 after buying an additional 4,305 shares during the last quarter. Royal Bank of Canada raised its position in Micro Focus International by 12.3% during the 1st quarter. Royal Bank of Canada now owns 41,140 shares of the company’s stock worth $576,000 after buying an additional 4,492 shares during the last quarter. BB&T Corp raised its position in Micro Focus International by 80.0% during the 2nd quarter. BB&T Corp now owns 21,666 shares of the company’s stock worth $374,000 after buying an additional 9,629 shares during the last quarter. Finally, Geode Capital Management LLC purchased a new position in Micro Focus International during the 4th quarter worth approximately $326,000. 22.44% of the stock is owned by institutional investors.

A number of equities analysts have issued reports on the stock. ValuEngine lowered shares of Micro Focus International from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Canaccord Genuity raised shares of Micro Focus International to a “buy” rating in a research note on Thursday, May 17th. Zacks Investment Research cut shares of Micro Focus International from a “buy” rating to a “hold” rating in a research note on Thursday, May 31st. Finally, Credit Suisse Group reaffirmed an “underperform” rating on shares of Micro Focus International in a research note on Monday, July 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $16.00.

Shares of NYSE MFGP opened at $16.72 on Friday. Micro Focus International PLC – has a 12 month low of $12.67 and a 12 month high of $36.21.

The company also recently disclosed a special dividend, which will be paid on Friday, August 31st. Stockholders of record on Friday, August 3rd will be paid a dividend of $0.5833 per share. This is a boost from Micro Focus International’s previous special dividend of $0.35. The ex-dividend date of this dividend is Thursday, August 2nd.

About Micro Focus International

Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. The company operates through Micro Focus and SUSE segments.

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Institutional Ownership by Quarter for Micro Focus International (NYSE:MFGP)

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