Keeley Teton Advisors LLC Grows Position in ATN International, Inc. $ATNI

Keeley Teton Advisors LLC raised its stake in shares of ATN International, Inc. (NASDAQ:ATNI) by 36.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 31,954 shares of the technology company’s stock after acquiring an additional 8,525 shares during the period. Keeley Teton Advisors LLC’s holdings in ATN International were worth $649,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc raised its holdings in shares of ATN International by 4,208.3% in the first quarter. Versant Capital Management Inc now owns 1,551 shares of the technology company’s stock valued at $32,000 after purchasing an additional 1,515 shares during the last quarter. Russell Investments Group Ltd. grew its position in ATN International by 357.2% in the 1st quarter. Russell Investments Group Ltd. now owns 4,229 shares of the technology company’s stock worth $86,000 after purchasing an additional 3,304 shares in the last quarter. Tudor Investment Corp ET AL grew its position in ATN International by 51.2% in the 4th quarter. Tudor Investment Corp ET AL now owns 42,360 shares of the technology company’s stock worth $712,000 after purchasing an additional 14,344 shares in the last quarter. GAMMA Investing LLC increased its stake in ATN International by 1,865.2% in the 1st quarter. GAMMA Investing LLC now owns 23,661 shares of the technology company’s stock valued at $481,000 after buying an additional 22,457 shares during the last quarter. Finally, Segall Bryant & Hamill LLC bought a new position in shares of ATN International during the 1st quarter worth approximately $632,000. Institutional investors own 65.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised ATN International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $26.00.

ATN International Stock Down 1.2%

ATNI opened at $15.98 on Thursday. ATN International, Inc. has a one year low of $13.76 and a one year high of $33.72. The company has a fifty day moving average price of $16.81 and a 200-day moving average price of $17.27. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.22 and a quick ratio of 1.16. The firm has a market capitalization of $243.85 million, a P/E ratio of -4.74 and a beta of 0.69.

ATN International (NASDAQ:ATNI) last released its quarterly earnings results on Thursday, August 7th. The technology company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.17). The business had revenue of $181.30 million during the quarter, compared to analysts’ expectations of $184.67 million. ATN International had a negative net margin of 6.26% and a negative return on equity of 0.61%. ATN International has set its FY 2025 guidance at EPS. Equities research analysts expect that ATN International, Inc. will post -0.73 earnings per share for the current fiscal year.

ATN International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, June 30th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 6.9%. This is an increase from ATN International’s previous quarterly dividend of $0.24. ATN International’s payout ratio is presently -32.64%.

ATN International Company Profile

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.