Envestnet Asset Management Inc. Boosts Position in Check Point Software Technologies Ltd. (CHKP)

Envestnet Asset Management Inc. boosted its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 2.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 188,868 shares of the technology company’s stock after buying an additional 5,136 shares during the period. Envestnet Asset Management Inc. owned approximately 0.12% of Check Point Software Technologies worth $19,570,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Harding Loevner LP raised its holdings in Check Point Software Technologies by 3,559.4% in the third quarter. Harding Loevner LP now owns 214,296,110 shares of the technology company’s stock valued at $495,041,000 after buying an additional 208,440,017 shares during the period. Schroder Investment Management Group raised its holdings in Check Point Software Technologies by 4.2% in the third quarter. Schroder Investment Management Group now owns 5,513,142 shares of the technology company’s stock valued at $619,512,000 after buying an additional 220,009 shares during the period. BlackRock Inc. raised its holdings in Check Point Software Technologies by 2.4% in the fourth quarter. BlackRock Inc. now owns 5,008,260 shares of the technology company’s stock valued at $518,956,000 after buying an additional 117,950 shares during the period. APG Asset Management N.V. raised its holdings in Check Point Software Technologies by 11.8% in the fourth quarter. APG Asset Management N.V. now owns 2,850,228 shares of the technology company’s stock valued at $245,953,000 after buying an additional 301,417 shares during the period. Finally, BT Investment Management Ltd raised its holdings in Check Point Software Technologies by 11.6% in the fourth quarter. BT Investment Management Ltd now owns 1,845,651 shares of the technology company’s stock valued at $191,246,000 after buying an additional 192,108 shares during the period. Hedge funds and other institutional investors own 67.50% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of Check Point Software Technologies stock opened at $99.36 on Friday. Check Point Software Technologies Ltd. has a 1 year low of $95.03 and a 1 year high of $119.20. The firm has a market cap of $16,239.70, a P/E ratio of 20.28, a PEG ratio of 1.95 and a beta of 0.55.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.20. Check Point Software Technologies had a net margin of 43.29% and a return on equity of 22.74%. The business had revenue of $506.00 million during the quarter, compared to the consensus estimate of $508.66 million. During the same quarter last year, the company earned $1.46 earnings per share. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. research analysts anticipate that Check Point Software Technologies Ltd. will post 5.26 earnings per share for the current fiscal year.

Several research analysts recently commented on CHKP shares. Cleveland Research lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating in a report on Thursday, January 25th. BidaskClub lowered shares of Check Point Software Technologies from a “buy” rating to a “hold” rating in a report on Friday, December 22nd. Zacks Investment Research upgraded shares of Check Point Software Technologies from a “sell” rating to a “hold” rating in a report on Monday, February 5th. JPMorgan Chase & Co. cut their price target on shares of Check Point Software Technologies to $113.00 and set a “neutral” rating on the stock in a report on Wednesday, January 31st. Finally, Wells Fargo lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating and raised their price target for the company from $103.41 to $117.00 in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $113.67.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright laws. The original version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3298642/envestnet-asset-management-inc-boosts-position-in-check-point-software-technologies-ltd-chkp.html.

Check Point Software Technologies Profile

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.

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

Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

$1.46 Earnings Per Share Expected for Mid-America Apartment Communities  This Quarter
$1.46 Earnings Per Share Expected for Mid-America Apartment Communities This Quarter
Church & Dwight  Expected to Post Earnings of $0.61 Per Share
Church & Dwight Expected to Post Earnings of $0.61 Per Share
Analysts Anticipate Taubman Centers  to Post $0.93 EPS
Analysts Anticipate Taubman Centers to Post $0.93 EPS
Aidos Kuneen  Price Hits $18.39
Aidos Kuneen Price Hits $18.39
 Market Capitalization Reaches $0.00
Market Capitalization Reaches $0.00
Genesee & Wyoming  Expected to Post Earnings of $0.74 Per Share
Genesee & Wyoming Expected to Post Earnings of $0.74 Per Share


© 2006-2018 Ticker Report. Google+.