Fort L.P. raised its holdings in MicroStrategy Incorporated (NASDAQ:MSTR) by 15.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,041 shares of the software maker’s stock after acquiring an additional 542 shares during the quarter. Fort L.P.’s holdings in MicroStrategy were worth $516,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Dimensional Fund Advisors LP lifted its stake in MicroStrategy by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 261,572 shares of the software maker’s stock valued at $33,416,000 after acquiring an additional 3,470 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of MicroStrategy by 18.7% in the fourth quarter. Hsbc Holdings PLC now owns 56,762 shares of the software maker’s stock valued at $7,251,000 after purchasing an additional 8,923 shares during the period. Bessemer Group Inc. raised its position in shares of MicroStrategy by 97.8% in the fourth quarter. Bessemer Group Inc. now owns 18,400 shares of the software maker’s stock valued at $2,351,000 after purchasing an additional 9,100 shares during the period. Great West Life Assurance Co. Can raised its position in shares of MicroStrategy by 6.7% in the fourth quarter. Great West Life Assurance Co. Can now owns 12,833 shares of the software maker’s stock valued at $1,514,000 after purchasing an additional 811 shares during the period. Finally, Citigroup Inc. raised its position in shares of MicroStrategy by 24.7% in the fourth quarter. Citigroup Inc. now owns 7,650 shares of the software maker’s stock valued at $977,000 after purchasing an additional 1,515 shares during the period. Hedge funds and other institutional investors own 67.43% of the company’s stock.

MSTR has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of MicroStrategy from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 28th. BidaskClub raised shares of MicroStrategy from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 25th. BWS Financial initiated coverage on shares of MicroStrategy in a research report on Monday, February 11th. They issued a “buy” rating and a $200.00 price target on the stock. Finally, ValuEngine raised shares of MicroStrategy from a “hold” rating to a “buy” rating in a research report on Tuesday, February 12th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $180.00.

NASDAQ:MSTR opened at $148.00 on Friday. MicroStrategy Incorporated has a 12 month low of $115.50 and a 12 month high of $151.23. The company has a market capitalization of $1.49 billion, a PE ratio of 87.06 and a beta of 0.55.

MicroStrategy (NASDAQ:MSTR) last announced its earnings results on Tuesday, January 29th. The software maker reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.85). MicroStrategy had a return on equity of 3.23% and a net margin of 4.52%. The company had revenue of $131.92 million for the quarter, compared to the consensus estimate of $136.42 million. On average, sell-side analysts forecast that MicroStrategy Incorporated will post 1.99 EPS for the current year.

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MicroStrategy Company Profile

MicroStrategy Incorporated provides enterprise analytics and mobility software platforms worldwide. It offers MicroStrategy Consulting that provides customers with assessment, advisory, architecture, and deployment services to guide their customers in defining, developing, and delivering business analytics solutions for their enterprises across various industries; and MicroStrategy Education, which consists of classroom-based courses, instructor-led courses, recorded courses, self-paced e-learning modules, customer on-site training, and enterprise E-Courseware options for large organizations in various languages.

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Institutional Ownership by Quarter for MicroStrategy (NASDAQ:MSTR)

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