Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,799 shares of the technology company’s stock after buying an additional 1,200 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Check Point Software Technologies were worth $2,372,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. BB&T Investment Services Inc. purchased a new position in Check Point Software Technologies during the 2nd quarter worth approximately $100,000. Acrospire Investment Management LLC grew its position in Check Point Software Technologies by 150.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,000 shares of the technology company’s stock worth $109,000 after purchasing an additional 600 shares in the last quarter. Fiduciary Trust Co. purchased a new position in Check Point Software Technologies during the 2nd quarter worth approximately $145,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in Check Point Software Technologies by 1.4% during the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,425 shares of the technology company’s stock worth $151,000 after purchasing an additional 20 shares in the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in Check Point Software Technologies during the 2nd quarter worth approximately $155,000. Hedge funds and other institutional investors own 68.23% of the company’s stock.

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Several research firms have weighed in on CHKP. OTR Global cut shares of Check Point Software Technologies to a “positive” rating in a research report on Tuesday, October 17th. Jefferies Group LLC reiterated a “buy” rating and set a $126.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, October 19th. UBS AG lifted their price objective on shares of Check Point Software Technologies from $108.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Barclays PLC lowered their price objective on shares of Check Point Software Technologies from $110.00 to $106.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 1st. Finally, J P Morgan Chase & Co lowered their price objective on shares of Check Point Software Technologies from $123.00 to $121.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 1st. Twenty research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Check Point Software Technologies presently has a consensus rating of “Hold” and a consensus target price of $113.60.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) opened at $102.51 on Friday. The firm has a market cap of $16,937.59, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 2.22 and a beta of 0.67. Check Point Software Technologies Ltd. has a 52-week low of $80.78 and a 52-week high of $119.20.

About Check Point Software Technologies

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.

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

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