Dillon & Associates Inc. Purchases New Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Dillon & Associates Inc. bought a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,060 shares of the software maker’s stock, valued at approximately $307,000.

Several other large investors also recently modified their holdings of the business. Geode Capital Management LLC grew its stake in shares of MicroStrategy by 990.6% during the third quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after acquiring an additional 2,512,645 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of MicroStrategy by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 761,776 shares of the software maker’s stock valued at $220,626,000 after acquiring an additional 97,515 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of MicroStrategy by 971.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 639,707 shares of the software maker’s stock valued at $107,855,000 after acquiring an additional 579,994 shares in the last quarter. Amundi grew its stake in shares of MicroStrategy by 262.8% during the fourth quarter. Amundi now owns 570,217 shares of the software maker’s stock valued at $165,146,000 after acquiring an additional 413,028 shares in the last quarter. Finally, Swiss National Bank grew its stake in shares of MicroStrategy by 10.4% during the fourth quarter. Swiss National Bank now owns 517,000 shares of the software maker’s stock valued at $149,734,000 after acquiring an additional 48,800 shares in the last quarter. 59.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on MSTR shares. Maxim Group increased their price target on shares of MicroStrategy from $480.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Barclays reduced their price target on shares of MicroStrategy from $515.00 to $421.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $600.00 price target on shares of MicroStrategy in a research report on Thursday, December 12th. Compass Point raised shares of MicroStrategy to a “strong-buy” rating in a research report on Wednesday, January 29th. Finally, Cantor Fitzgerald raised their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $536.90.

MicroStrategy Price Performance

Shares of NASDAQ:MSTR opened at $304.00 on Monday. The firm’s 50 day moving average is $317.11 and its two-hundred day moving average is $288.99. MicroStrategy Incorporated has a 52 week low of $101.00 and a 52 week high of $543.00. The firm has a market capitalization of $78.24 billion, a P/E ratio of -53.97 and a beta of 3.36. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.39.

MicroStrategy (NASDAQ:MSTR) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

MicroStrategy Profile

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.