Institutional investors have made changes to their holdings of ATN International, with MetLife Investment Management LLC increasing its shares by 39.7% during the first quarter. ATN International engages in investing in communications, energy, and technology businesses, operating through three segments: U.S. Telecom, International Telecom, and Renewable Energy. Its U.S. Telecom segment offers carrier services, including wholesale roaming services, site maintenance, and the leasing of critical network infrastructure. Sign up for MarketBeat.com’s free daily email newsletter to receive the latest news and analysts’ ratings for ATN International and other related companies. ATN International experienced a higher-than-usual trading volume on Friday, with several research analysts recently releasing reports on the company’s stock, such as StockNews.com and Raymond James. ATN International recently declared a quarterly dividend, which will be paid on April 7th. The company’s dividend payout ratio is -125.37%.
Unusual Trading Volume for ATN International (NASDAQ:ATNI)
ATN International, Inc. (NASDAQ:ATNI – Get Rating) experienced a higher-than-usual trading volume on Friday, with around 25,606 shares being traded during mid-day trading, representing a decline of 29% from the previous session.
Analyst Ratings for ATN International
Several research analysts recently released reports on ATN International. StockNews.com started coverage of ATN International with a “hold” rating for the company in a research report on Thursday. Meanwhile, Raymond James lowered their target price for the company’s shares from $49.00 to $46.00 and issued an “outperform” rating for the company in a research report on February 24th.
ATN International’s Dividend Announcement
ATN International recently declared a quarterly dividend, which will be paid on April 7th. Stockholders of record on March 31st will receive a dividend of $0.21 per share. The dividend yield is 2.14% and represents an annualized dividend of $0.84 per share. The ex-dividend date is March 30th. ATN International’s dividend payout ratio (DPR) is -125.37%.
Hedge Funds and ATN International
Hedge funds have also weighed in on ATN International, with some increasing or decreasing their stakes in the company. However, no major hedge funds currently hold any shares in ATN International.
Institutional Investors Modify Holdings of ATN International
Institutional investors have recently made changes to their holdings of ATN International. MetLife Investment Management LLC increased its shares by 39.7% during the first quarter, and now owns 6,641 shares worth $265,000. Keeley Teton Advisors LLC purchased a new position during the first quarter, valued at about $247,000. Mutual of America Capital Management LLC increased its shares by 16.0% during the second quarter, with 1,825 shares now worth $86,000. Rhumbline Advisers increased its position by 2.9% during the second quarter, with 32,673 shares now worth $1,533,000. Martin & Co. Inc. TN increased its shares by 3.1% during the third quarter, and now owns 23,921 shares worth $923,000. Overall, 65.71% of the stock is owned by institutional investors.
ATN International: An Overview
ATN International, Inc invests in communications, energy, and technology businesses. It has three operating segments: U.S. Telecom, International Telecom, and Renewable Energy. The U.S. Telecom segment offers carrier services, including wholesale roaming services, site maintenance, and the leasing of critical network infrastructure.
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