Shares of ATN International, Inc. (NASDAQ:ATNI) have received an average recommendation of “Hold” from the six research firms that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation. The average 12-month target price among analysts that have covered the stock in the last year is $57.00.

A number of brokerages have recently weighed in on ATNI. BidaskClub raised ATN International from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. BWS Financial dropped their price objective on ATN International from $64.00 to $57.00 and set a “hold” rating for the company in a research note on Monday, July 31st. Zacks Investment Research cut ATN International from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. ValuEngine raised ATN International from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Sidoti cut ATN International from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $73.00 to $57.00 in a research note on Tuesday, October 3rd.

Shares of ATN International (NASDAQ:ATNI) opened at 53.88 on Friday. The firm has a 50 day moving average price of $53.94 and a 200 day moving average price of $62.71. ATN International has a one year low of $49.50 and a one year high of $87.82. The stock has a market capitalization of $872.53 million, a PE ratio of 40.21 and a beta of 0.61.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 9th. Stockholders of record on Saturday, September 30th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.26%. ATN International’s payout ratio is presently 50.00%.

In other news, SVP Leonard Q. Slap sold 1,000 shares of ATN International stock in a transaction on Monday, August 7th. The stock was sold at an average price of $62.00, for a total value of $62,000.00. Following the completion of the sale, the senior vice president now directly owns 26,645 shares of the company’s stock, valued at $1,651,990. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 32.70% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Thrivent Financial For Lutherans grew its stake in shares of ATN International by 1.0% in the first quarter. Thrivent Financial For Lutherans now owns 31,430 shares of the technology company’s stock valued at $2,213,000 after buying an additional 320 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of ATN International by 2.5% in the first quarter. Teachers Advisors LLC now owns 17,434 shares of the technology company’s stock valued at $1,228,000 after buying an additional 417 shares in the last quarter. Kirr Marbach & Co. LLC IN grew its stake in shares of ATN International by 60.4% in the second quarter. Kirr Marbach & Co. LLC IN now owns 5,405 shares of the technology company’s stock valued at $370,000 after buying an additional 2,035 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of ATN International by 157.2% in the second quarter. SG Americas Securities LLC now owns 4,043 shares of the technology company’s stock valued at $277,000 after buying an additional 2,471 shares in the last quarter. Finally, Aperio Group LLC grew its stake in shares of ATN International by 23.1% in the second quarter. Aperio Group LLC now owns 9,537 shares of the technology company’s stock valued at $653,000 after buying an additional 1,790 shares in the last quarter. 59.22% of the stock is owned by institutional investors and hedge funds.

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ATN International Company Profile

ATN International, Inc (ATN), formerly Atlantic Tele-Network, Inc, is a holding company. The Company’s segments include U.S. Telecom, International Telecom and Renewable Energy. In the United States, it provides wholesale wireless voice and data roaming services in rural markets to national, regional, local and selected international wireless carriers.

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