Paloma Partners Management Co bought a new stake in Micro Focus International PLC – (NYSE:MFGP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,701 shares of the company’s stock, valued at approximately $373,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dodge & Cox raised its holdings in shares of Micro Focus International by 14.0% during the third quarter. Dodge & Cox now owns 53,699,061 shares of the company’s stock worth $992,359,000 after acquiring an additional 6,581,169 shares in the last quarter. Primecap Management Co. CA raised its holdings in shares of Micro Focus International by 8.7% during the third quarter. Primecap Management Co. CA now owns 15,719,114 shares of the company’s stock worth $290,489,000 after acquiring an additional 1,261,097 shares in the last quarter. FMR LLC raised its holdings in shares of Micro Focus International by 27.6% during the third quarter. FMR LLC now owns 2,123,248 shares of the company’s stock worth $39,238,000 after acquiring an additional 459,663 shares in the last quarter. Capital Guardian Trust Co. raised its holdings in shares of Micro Focus International by 6.2% during the third quarter. Capital Guardian Trust Co. now owns 1,649,597 shares of the company’s stock worth $30,485,000 after acquiring an additional 96,536 shares in the last quarter. Finally, Putnam Investments LLC raised its holdings in shares of Micro Focus International by 87.6% during the third quarter. Putnam Investments LLC now owns 1,311,208 shares of the company’s stock worth $24,232,000 after acquiring an additional 612,169 shares in the last quarter. Institutional investors own 17.56% of the company’s stock.

Shares of NYSE:MFGP opened at $25.74 on Wednesday. Micro Focus International PLC – has a 1 year low of $13.32 and a 1 year high of $25.83.

The company also recently disclosed a special dividend, which will be paid on Friday, April 12th. Investors of record on Friday, March 1st will be issued a dividend of $0.5833 per share. The ex-dividend date is Thursday, February 28th.

Several analysts recently issued reports on MFGP shares. Goldman Sachs Group lowered Micro Focus International from a “buy” rating to a “neutral” rating in a report on Monday, January 28th. Zacks Investment Research upgraded Micro Focus International from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Thursday, February 21st. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. Micro Focus International presently has a consensus rating of “Hold” and a consensus price target of $27.00.

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Micro Focus International Profile

Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to small and medium size enterprises. The company offers infrastructure software products that are managed on an investment portfolio. Its product portfolio includes application modernization and connectivity, application delivery management, and IT operations management, as well as security, information management, and Governance.

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

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