Segall Bryant & Hamill LLC Takes $1.79 Million Position in ATN International, Inc. (NASDAQ:ATNI)

Segall Bryant & Hamill LLC acquired a new position in shares of ATN International, Inc. (NASDAQ:ATNI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 55,323 shares of the technology company’s stock, valued at approximately $1,789,000. Segall Bryant & Hamill LLC owned approximately 0.37% of ATN International at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ATNI. Innealta Capital LLC acquired a new stake in shares of ATN International during the 2nd quarter valued at approximately $26,000. GAMMA Investing LLC boosted its position in ATN International by 72.2% during the second quarter. GAMMA Investing LLC now owns 3,340 shares of the technology company’s stock worth $76,000 after purchasing an additional 1,400 shares in the last quarter. SG Americas Securities LLC purchased a new stake in ATN International during the third quarter worth $113,000. Summit Trail Advisors LLC grew its holdings in ATN International by 26.6% in the second quarter. Summit Trail Advisors LLC now owns 26,195 shares of the technology company’s stock valued at $604,000 after purchasing an additional 5,506 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in ATN International by 24.9% in the 2nd quarter. Marshall Wace LLP now owns 38,552 shares of the technology company’s stock valued at $879,000 after acquiring an additional 7,694 shares during the last quarter. Hedge funds and other institutional investors own 65.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ATNI. BWS Financial restated a “buy” rating and set a $30.00 price objective on shares of ATN International in a research report on Friday, November 1st. StockNews.com downgraded ATN International from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st.

ATN International Stock Down 0.1 %

Shares of NASDAQ ATNI opened at $20.28 on Friday. The firm has a market cap of $306.43 million, a P/E ratio of -7.46 and a beta of 0.61. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.15 and a current ratio of 1.21. ATN International, Inc. has a 1 year low of $18.20 and a 1 year high of $39.88. The firm’s 50 day moving average price is $27.65 and its 200 day moving average price is $25.62.

ATN International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 30th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 4.73%. The ex-dividend date of this dividend was Monday, September 30th. ATN International’s dividend payout ratio (DPR) is -35.29%.

About ATN International

ATN International, Inc, through its subsidiaries, engages in the provision of digital infrastructure and communications services to residential, business, and government customers in the United States and internationally. The company operates through International Telecom and US Telecom segments. The company offers mobile, data, voice, broadband, and fixed services; handsets and accessories; and wholesale roaming, long distance voice services, and site maintenance services.