Aviva PLC (LON:AV) made a large investment in Guidewire Software Inc (NYSE:GWRE) by 8.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,900 shares of the software maker’s stock after buying an additional 10,500 shares during the quarter. Aviva PLC owned 0.44% of Guidewire Software worth $4,064,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. First National Trust Co. boosted its stake in Guidewire Software by 40.5% during the 3rd quarter. First National Trust Co. now owns 1,400 shares of the software maker’s stock worth $53,000 after purchasing an additional 400 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Guidewire Software by 25.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,870 shares of the software maker’s stock worth $141,000 after purchasing an additional 764 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Guidewire Software by 25.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,870 shares of the software maker’s stock worth $141,000 after purchasing an additional 764 shares during the period. Zurcher Kantonalbank Switzerland Zuercher Kantonalbank boosted its stake in Guidewire Software by 27.9% during the 4th quarter. Zurcher Kantonalbank Switzerland Zuercher Kantonalbank now owns 4,178 shares of the software maker’s stock worth $190,000 after purchasing an additional 900 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Guidewire Software by 20.2% during the 4th quarter. SG Americas Securities LLC now owns 5,071 shares of the software maker’s stock worth $228,000 after purchasing an additional 818 shares during the period.

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Shares of Guidewire Software Inc (NYSE:GWRE) opened at $27.02 on Wednesday. Guidewire Software Inc has a twelve month low of $24.42 and a twelve month high of $47.68.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Thursday, March 7th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.45%. The ex-dividend date is Wednesday, March 7th. Guidewire Software’s dividend payout ratio (DPR) is 7.70%.

Several analysts have weighed in on the company. Zacks Investment Research upgraded Guidewire Software from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Friday, February 22nd. Stifel Nicolaus increased their price objective on Guidewire Software from $31.00 to $39.00 and gave the company a “hold” rating in a research note on Wednesday, February 13th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $35.00 price objective on shares of Guidewire Software in a research note on Thursday, February 7th. Bank of America increased their price objective on Guidewire Software from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, December 4th. Finally, Barclays increased their price objective on Guidewire Software from $36.00 to $40.00 and gave the company an “underweight” rating in a research note on Tuesday, February 12th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $40.73.

In other Guidewire Software news, VP Dennis Pierce sold 15,064 shares of the firm’s stock in a transaction dated Monday, January 21st. The stock was sold at an average price of $44.50, for a total transaction of $642,246.00. Following the completion of the sale, the vice president now directly owns 45,685 shares of the company’s stock, valued at approximately $1,996,836.