Oppenheimer Asset Management Inc. Purchases New Position in Micro Focus Intl PLC ADS each representing One (MFGP)

Oppenheimer Asset Management Inc. purchased a new position in shares of Micro Focus Intl PLC ADS each representing One (NYSE:MFGP) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 130,892 shares of the company’s stock, valued at approximately $4,176,000.

Several other institutional investors have also modified their holdings of the company. Bartlett & Co. LLC purchased a new position in shares of Micro Focus Intl PLC ADS each representing One during the 4th quarter worth $112,000. Bessemer Group Inc. purchased a new position in shares of Micro Focus Intl PLC ADS each representing One during the 4th quarter worth $111,000. Trust Asset Management LLC purchased a new position in shares of Micro Focus Intl PLC ADS each representing One during the 4th quarter worth $112,000. Alpha Windward LLC purchased a new position in shares of Micro Focus Intl PLC ADS each representing One during the 4th quarter worth $123,000. Finally, Quadrant Capital Group LLC purchased a new position in shares of Micro Focus Intl PLC ADS each representing One during the 4th quarter worth $123,000. Institutional investors and hedge funds own 26.72% of the company’s stock.

Micro Focus Intl PLC ADS each representing One (MFGP) opened at $27.75 on Friday. Micro Focus Intl PLC ADS each representing One has a one year low of $27.16 and a one year high of $36.21.

The company also recently announced a special dividend, which will be paid on Friday, February 16th. Investors of record on Friday, January 19th will be paid a dividend of $0.3476 per share. The ex-dividend date is Thursday, January 18th.

Separately, UBS Group upgraded shares of Micro Focus Intl PLC ADS each representing One from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 10th.

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Want to see what other hedge funds are holding MFGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micro Focus Intl PLC ADS each representing One (NYSE:MFGP).

Institutional Ownership by Quarter for Micro Focus Intl PLC ADS each representing One (NYSE:MFGP)

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