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

Segall Bryant & Hamill LLC acquired a new stake in ATN International, Inc. (NASDAQ:ATNI - Free Report) in the third quarter, according to its most recent 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 reporting period.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC increased its stake in ATN International by 70.4% during the 3rd quarter. GAMMA Investing LLC now owns 5,692 shares of the technology company's stock worth $184,000 after buying an additional 2,352 shares in the last quarter. SG Americas Securities LLC acquired a new stake in ATN International during the 3rd quarter worth $113,000. Marshall Wace LLP raised its position in shares of ATN International by 24.9% in the second quarter. Marshall Wace LLP now owns 38,552 shares of the technology company's stock valued at $879,000 after buying an additional 7,694 shares during the last quarter. Gabelli Funds LLC purchased a new position in ATN International in the 2nd quarter worth approximately $206,000. Finally, Summit Trail Advisors LLC boosted its stake in ATN International by 26.6% during the second quarter. Summit Trail Advisors LLC now owns 26,195 shares of the technology company's stock worth $604,000 after buying an additional 5,506 shares during the last quarter. 65.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. BWS Financial reissued a "buy" rating and set 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 report on Thursday, October 31st.

ATN International Trading Down 0.1 %

Shares of ATN International stock traded down $0.02 during trading hours on Friday, hitting $20.28. The company's stock had a trading volume of 51,201 shares, compared to its average volume of 96,694. The stock has a market cap of $306.43 million, a price-to-earnings 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 twelve month low of $18.20 and a twelve month high of $39.88. The firm has a fifty day moving average of $27.65 and a 200-day moving average of $25.64.

ATN International Announces Dividend

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