ATN International, Inc. (NASDAQ:ATNI) Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its position in shares of ATN International, Inc. (NASDAQ:ATNI) by 389.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 65,250 shares of the technology company’s stock after acquiring an additional 51,907 shares during the quarter. Gamco Investors INC. ET AL’s holdings in ATN International were worth $1,097,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Quantbot Technologies LP purchased a new position in ATN International in the fourth quarter worth approximately $62,000. Public Employees Retirement System of Ohio lifted its stake in shares of ATN International by 43.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 14,652 shares of the technology company’s stock valued at $474,000 after purchasing an additional 4,457 shares during the last quarter. Bank of New York Mellon Corp grew its holdings 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 purchasing an additional 25,727 shares during the period. Finally, Gabelli Funds LLC purchased a new position in shares of ATN International during the 4th quarter worth $2,367,000. Hedge funds and other institutional investors own 65.50% of the company’s stock.

ATN International Price Performance

ATNI stock opened at $17.69 on Friday. The business’s fifty day moving average price is $19.13 and its 200 day moving average price is $20.23. ATN International, Inc. has a 12-month low of $14.74 and a 12-month high of $33.72. The company has a current ratio of 1.21, a quick ratio of 1.15 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $273.86 million, a PE ratio of -6.50 and a beta of 0.66.

ATN International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 7th. Shareholders 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 5.43%. ATN International’s dividend payout ratio (DPR) is presently -45.28%.

Wall Street Analyst Weigh In

ATNI has been the topic of several research analyst reports. Raymond James set a $22.00 price objective on shares of ATN International in a report on Thursday, March 6th. StockNews.com raised shares of ATN International from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th.

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.