Micro Focus International PLC – (NYSE:MFGP) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Zacks has also assigned Micro Focus International an industry rank of 97 out of 255 based on the ratings given to its competitors.

A number of analysts have recently weighed in on the company. Canaccord Genuity raised Micro Focus International to a “buy” rating in a research note on Thursday, May 17th. Zacks Investment Research lowered Micro Focus International from a “buy” rating to a “hold” rating in a research note on Thursday, May 31st. Credit Suisse Group reissued an “underperform” rating on shares of Micro Focus International in a research note on Monday, July 16th. Finally, ValuEngine lowered Micro Focus International from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd.

Large investors have recently added to or reduced their stakes in the company. TIAA CREF Investment Management LLC purchased a new stake in shares of Micro Focus International during the fourth quarter valued at approximately $125,000. Atria Investments LLC purchased a new stake in Micro Focus International in the second quarter worth $182,000. Stevens Capital Management LP purchased a new stake in Micro Focus International in the second quarter worth $190,000. SG Americas Securities LLC purchased a new stake in Micro Focus International in the second quarter worth $228,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Micro Focus International by 41.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,712 shares of the company’s stock worth $207,000 after acquiring an additional 4,305 shares during the period. 22.81% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:MFGP traded up $0.06 during trading on Friday, reaching $17.16. 460,300 shares of the company traded hands, compared to its average volume of 1,397,432. Micro Focus International has a 52-week low of $12.67 and a 52-week high of $36.21.

The business also recently disclosed a special dividend, which was paid on Friday, August 31st. Stockholders of record on Friday, August 3rd were paid a dividend of $0.5833 per share. The ex-dividend date of this dividend was Thursday, August 2nd. This is a positive change from Micro Focus International’s previous special dividend of $0.35.

Micro Focus International Company Profile

Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. The company operates through Micro Focus and SUSE segments.

See Also: What are Closed-End Mutual Funds?

Get a free copy of the Zacks research report on Micro Focus International (MFGP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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