Micro Focus International PLC – (MFGP) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC grew its stake in Micro Focus International PLC – (NYSE:MFGP) by 5.7% during the first quarter, HoldingsChannel reports. The fund owned 22,369 shares of the company’s stock after purchasing an additional 1,200 shares during the quarter. Janus Henderson Group PLC’s holdings in Micro Focus International were worth $577,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. CWM LLC boosted its stake in shares of Micro Focus International by 173.7% during the fourth quarter. CWM LLC now owns 1,571 shares of the company’s stock valued at $27,000 after purchasing an additional 997 shares in the last quarter. Nkcfo LLC bought a new position in shares of Micro Focus International during the first quarter valued at approximately $28,000. Synovus Financial Corp boosted its stake in shares of Micro Focus International by 44.2% during the fourth quarter. Synovus Financial Corp now owns 1,840 shares of the company’s stock valued at $31,000 after purchasing an additional 564 shares in the last quarter. Atlas Capital Advisors LLC bought a new position in shares of Micro Focus International during the fourth quarter valued at approximately $49,000. Finally, Bessemer Group Inc. boosted its stake in shares of Micro Focus International by 73.4% during the fourth quarter. Bessemer Group Inc. now owns 4,353 shares of the company’s stock valued at $75,000 after purchasing an additional 1,843 shares in the last quarter. Institutional investors and hedge funds own 19.73% of the company’s stock.

NYSE:MFGP opened at $25.01 on Thursday. Micro Focus International PLC – has a 52 week low of $14.73 and a 52 week high of $27.32.

A number of equities analysts have recently issued reports on MFGP shares. Goldman Sachs Group downgraded shares of Micro Focus International from a “buy” rating to a “neutral” rating in a research note on Monday, January 28th. Zacks Investment Research raised shares of Micro Focus International from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Thursday, February 21st. Citigroup cut shares of Micro Focus International from a “neutral” rating to a “sell” rating in a research report on Thursday, April 4th. Finally, Barclays cut shares of Micro Focus International from an “overweight” rating to an “equal weight” rating and set a $25.37 target price for the company. in a research report on Friday, April 12th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Micro Focus International currently has an average rating of “Hold” and a consensus price target of $26.19.

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About Micro Focus International

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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