BNP Paribas Financial Markets Buys 62,999 Shares of ATN International, Inc. (NASDAQ:ATNI)

BNP Paribas Financial Markets raised its holdings in shares of ATN International, Inc. (NASDAQ:ATNI - Free Report) by 758.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,307 shares of the technology company's stock after purchasing an additional 62,999 shares during the quarter. BNP Paribas Financial Markets owned 0.47% of ATN International worth $2,306,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ATNI. Innealta Capital LLC acquired a new stake in shares of ATN International in the 2nd quarter worth about $26,000. GAMMA Investing LLC increased its holdings in ATN International by 72.2% during the 2nd 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 shares of ATN International in the third quarter worth approximately $113,000. Gabelli Funds LLC bought a new position in shares of ATN International in the second quarter valued at approximately $206,000. Finally, Summit Trail Advisors LLC boosted its position in shares of ATN International by 26.6% during the second quarter. Summit Trail Advisors LLC now owns 26,195 shares of the technology company's stock valued at $604,000 after buying an additional 5,506 shares during the last quarter. Institutional investors and hedge funds own 65.50% of the company's stock.

Analyst Ratings Changes

ATNI has been the subject of a number of analyst reports. BWS Financial reissued a "buy" rating and issued a $30.00 price target on shares of ATN International in a research report on Friday, November 1st. StockNews.com lowered shares of ATN International from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st.

ATN International Stock Performance

Shares of NASDAQ ATNI traded down $0.44 during midday trading on Friday, reaching $18.79. The company's stock had a trading volume of 113,713 shares, compared to its average volume of 79,403. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.21 and a quick ratio of 1.15. The stock has a market capitalization of $283.99 million, a P/E ratio of -6.91 and a beta of 0.60. The firm has a 50 day moving average price of $25.48 and a 200-day moving average price of $25.23. ATN International, Inc. has a 12-month low of $18.20 and a 12-month high of $39.88.

ATN International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Monday, September 30th were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.96 dividend on an annualized basis and a yield of 5.11%. ATN International's dividend payout ratio (DPR) is presently -35.29%.

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.