ATN International, Inc. (NASDAQ:ATNI) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC cut its position in ATN International, Inc. (NASDAQ:ATNI) by 13.7% during the fourth quarter, HoldingsChannel reports. The firm owned 23,429 shares of the technology company’s stock after selling 3,717 shares during the quarter. Keeley Teton Advisors LLC’s holdings in ATN International were worth $394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of ATN International during the fourth quarter worth $62,000. Public Employees Retirement System of Ohio lifted its holdings in ATN International by 43.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 14,652 shares of the technology company’s stock worth $474,000 after buying an additional 4,457 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of ATN International by 26.0% during the 4th quarter. Bank of New York Mellon Corp now owns 124,865 shares of the technology company’s stock worth $2,099,000 after acquiring an additional 25,727 shares in the last quarter. Finally, Gabelli Funds LLC purchased a new position in shares of ATN International in the 4th quarter valued at about $2,367,000. 65.50% of the stock is currently owned by institutional investors and hedge funds.

ATN International Stock Performance

Shares of ATNI stock opened at $17.59 on Thursday. The stock’s 50-day moving average is $19.11 and its two-hundred day moving average is $20.43. 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 $14.74 and a 1 year high of $33.72. The firm has a market cap of $272.31 million, a price-to-earnings ratio of -6.47 and a beta of 0.66.

ATN International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 7th. Investors of record on Monday, March 31st were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.96 dividend on an annualized basis and a yield of 5.46%. ATN International’s dividend payout ratio is presently -45.28%.

Analysts Set New Price Targets

Several research firms recently weighed in on ATNI. StockNews.com upgraded ATN International from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Raymond James set a $22.00 price objective on shares of ATN International in a research report on Thursday, March 6th.

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.