Micro Focus International PLC – (NYSE:MFGP) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Zacks has also given Micro Focus International an industry rank of 90 out of 255 based on the ratings given to related companies.

Several equities analysts have commented on the stock. Zacks Investment Research lowered shares of Micro Focus International from a “buy” rating to a “hold” rating in a report on Thursday, May 31st. Credit Suisse Group reissued an “underperform” rating on shares of Micro Focus International in a report on Monday, July 16th. Finally, ValuEngine lowered shares of Micro Focus International from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS Group AG boosted its position in shares of Micro Focus International by 1,965.5% during the 1st quarter. UBS Group AG now owns 2,406,791 shares of the company’s stock worth $33,792,000 after acquiring an additional 2,290,269 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Micro Focus International by 393.7% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 829,868 shares of the company’s stock valued at $14,332,000 after purchasing an additional 661,775 shares during the period. Jane Street Group LLC purchased a new position in Micro Focus International in the second quarter valued at about $9,084,000. FMR LLC raised its position in Micro Focus International by 33.7% in the second quarter. FMR LLC now owns 1,663,585 shares of the company’s stock valued at $28,730,000 after purchasing an additional 419,187 shares during the period. Finally, Citigroup Inc. raised its position in Micro Focus International by 2,360.9% in the first quarter. Citigroup Inc. now owns 356,529 shares of the company’s stock valued at $5,056,000 after purchasing an additional 342,041 shares during the period. Hedge funds and other institutional investors own 22.80% of the company’s stock.

Shares of MFGP opened at $17.82 on Friday. Micro Focus International has a 52 week low of $12.67 and a 52 week high of $36.21.

The firm also recently disclosed a special dividend, which was paid on Friday, August 31st. Shareholders of record on Friday, August 3rd were issued a dividend of $0.5833 per share. This is an increase from Micro Focus International’s previous special dividend of $0.35. The ex-dividend date was Thursday, August 2nd.

Micro Focus International Company Profile

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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