Thompson Siegel & Walmsley LLC Has $100.20 Million Stock Holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Thompson Siegel & Walmsley LLC lowered its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 536,670 shares of the technology company’s stock after selling 6,700 shares during the quarter. Check Point Software Technologies makes up approximately 1.6% of Thompson Siegel & Walmsley LLC’s portfolio, making the stock its 6th largest holding. Thompson Siegel & Walmsley LLC’s holdings in Check Point Software Technologies were worth $100,196,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its position in Check Point Software Technologies by 32.2% during the third quarter. Bank of Montreal Can now owns 85,639 shares of the technology company’s stock worth $16,532,000 after purchasing an additional 20,866 shares during the period. Truist Financial Corp boosted its position in Check Point Software Technologies by 2.6% during the fourth quarter. Truist Financial Corp now owns 119,504 shares of the technology company’s stock worth $22,311,000 after purchasing an additional 3,080 shares during the period. MML Investors Services LLC boosted its position in shares of Check Point Software Technologies by 3.7% in the third quarter. MML Investors Services LLC now owns 103,507 shares of the technology company’s stock valued at $19,957,000 after acquiring an additional 3,655 shares during the period. Hickory Asset Management Inc. bought a new position in shares of Check Point Software Technologies in the fourth quarter valued at approximately $476,000. Finally, Assetmark Inc. boosted its position in shares of Check Point Software Technologies by 44.1% in the fourth quarter. Assetmark Inc. now owns 140,943 shares of the technology company’s stock valued at $26,314,000 after acquiring an additional 43,165 shares during the period. Institutional investors own 98.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Baird R W raised shares of Check Point Software Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 27th. Royal Bank of Canada reissued a “sector perform” rating and set a $215.00 price target on shares of Check Point Software Technologies in a research note on Thursday, February 27th. The Goldman Sachs Group cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and raised their target price for the stock from $204.00 to $207.00 in a report on Thursday, January 2nd. Jefferies Financial Group raised their target price on shares of Check Point Software Technologies from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. Finally, UBS Group raised their target price on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. Eighteen analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $224.86.

Check Point Software Technologies Stock Down 2.0 %

NASDAQ CHKP opened at $217.99 on Thursday. Check Point Software Technologies Ltd. has a 52 week low of $145.75 and a 52 week high of $230.65. The firm has a market capitalization of $23.98 billion, a P/E ratio of 29.18, a PEG ratio of 3.41 and a beta of 0.62. The company has a 50-day moving average price of $206.90 and a 200-day moving average price of $195.36.

About Check Point Software Technologies

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.