Kapstone Financial Advisors LLC Has $20.40 Million Stock Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Kapstone Financial Advisors LLC boosted its stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) by 0.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 70,452 shares of the software maker’s stock after purchasing an additional 161 shares during the quarter. MicroStrategy makes up about 11.2% of Kapstone Financial Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Kapstone Financial Advisors LLC’s holdings in MicroStrategy were worth $20,404,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSTR. Geode Capital Management LLC boosted its holdings in shares of MicroStrategy by 990.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,766,283 shares of the software maker’s stock valued at $465,573,000 after buying an additional 2,512,645 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in MicroStrategy by 971.3% in 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. Swiss National Bank grew its holdings in MicroStrategy by 904.7% in the third quarter. Swiss National Bank now owns 468,200 shares of the software maker’s stock worth $78,939,000 after purchasing an additional 421,600 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in shares of MicroStrategy by 21.0% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 415,098 shares of the software maker’s stock worth $120,221,000 after purchasing an additional 71,934 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock.

MicroStrategy Stock Down 1.8 %

MSTR stock opened at $250.92 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The firm’s fifty day simple moving average is $329.82 and its 200-day simple moving average is $274.23. MicroStrategy Incorporated has a 12 month low of $101.00 and a 12 month high of $543.00. The company has a market capitalization of $64.57 billion, a P/E ratio of -44.54 and a beta of 3.25.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. TD Cowen raised their price objective on MicroStrategy from $392.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Cantor Fitzgerald raised their price target on MicroStrategy from $613.00 to $619.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Sanford C. Bernstein restated an “outperform” rating and set a $600.00 price objective on shares of MicroStrategy in a report on Thursday, December 12th. Canaccord Genuity Group lowered their target price on shares of MicroStrategy from $510.00 to $409.00 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Keefe, Bruyette & Woods started coverage on shares of MicroStrategy in a research note on Friday, February 7th. They set an “outperform” rating and a $560.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $536.90.

MicroStrategy Company 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.