Donald L. Hagan LLC Has $552,000 Stock Holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Donald L. Hagan LLC lowered its position in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,956 shares of the technology company’s stock after selling 61 shares during the quarter. Donald L. Hagan LLC’s holdings in Check Point Software Technologies were worth $552,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. boosted its position in Check Point Software Technologies by 10.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,836,799 shares of the technology company’s stock worth $354,153,000 after acquiring an additional 177,104 shares during the last quarter. FMR LLC raised its stake in shares of Check Point Software Technologies by 28.7% during the 3rd quarter. FMR LLC now owns 1,133,175 shares of the technology company’s stock worth $218,488,000 after purchasing an additional 252,581 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Check Point Software Technologies by 73.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,094,887 shares of the technology company’s stock worth $211,105,000 after purchasing an additional 464,821 shares in the last quarter. Swedbank AB raised its stake in shares of Check Point Software Technologies by 1.1% during the 4th quarter. Swedbank AB now owns 428,042 shares of the technology company’s stock worth $79,915,000 after purchasing an additional 4,760 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in shares of Check Point Software Technologies by 8.9% during the 3rd quarter. New York State Common Retirement Fund now owns 298,547 shares of the technology company’s stock worth $57,563,000 after purchasing an additional 24,421 shares in the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CHKP. Citigroup upped their price objective on Check Point Software Technologies from $185.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Stifel Nicolaus upped their price objective on Check Point Software Technologies from $182.00 to $190.00 and gave the stock a “hold” rating in a research note on Wednesday, December 18th. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and dropped their price target for the company from $205.00 to $195.00 in a research note on Wednesday, October 30th. Barclays increased their price target on Check Point Software Technologies from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Scotiabank increased their price target on Check Point Software Technologies from $200.00 to $215.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Seventeen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $206.60.

Check Point Software Technologies Stock Performance

CHKP opened at $218.99 on Friday. The firm has a market cap of $24.09 billion, a P/E ratio of 29.92, a price-to-earnings-growth ratio of 3.05 and a beta of 0.63. Check Point Software Technologies Ltd. has a 52-week low of $145.75 and a 52-week high of $226.03. The business’s fifty day moving average is $187.20 and its 200-day moving average is $187.22.

Check Point Software Technologies (NASDAQ:CHKP) last released its earnings results on Tuesday, October 29th. The technology company reported $2.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.25. The company had revenue of $635.10 million for the quarter, compared to analyst estimates of $634.96 million. Check Point Software Technologies had a return on equity of 31.84% and a net margin of 33.17%. Check Point Software Technologies’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.80 EPS. On average, research analysts predict that Check Point Software Technologies Ltd. will post 7.87 earnings per share for the current fiscal year.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.