29,569 Shares in OneSpan Inc. (NASDAQ:OSPN) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new stake in shares of OneSpan Inc. (NASDAQ:OSPN) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 29,569 shares of the company’s stock, valued at approximately $548,000. Susquehanna Fundamental Investments LLC owned approximately 0.08% of OneSpan at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in OSPN. Barclays PLC lifted its holdings in OneSpan by 388.5% in the third quarter. Barclays PLC now owns 66,719 shares of the company’s stock worth $1,113,000 after purchasing an additional 53,060 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of OneSpan by 46.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 495,210 shares of the company’s stock valued at $9,181,000 after acquiring an additional 157,387 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of OneSpan by 177.5% during the third quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company’s stock valued at $18,450,000 after acquiring an additional 708,020 shares during the period. Robeco Institutional Asset Management B.V. bought a new stake in OneSpan during the fourth quarter worth approximately $540,000. Finally, Amundi acquired a new stake in OneSpan in the fourth quarter worth approximately $314,000. Institutional investors and hedge funds own 95.52% of the company’s stock.

OneSpan Stock Performance

NASDAQ OSPN opened at $15.05 on Friday. OneSpan Inc. has a 1 year low of $11.70 and a 1 year high of $20.37. The business’s fifty day moving average is $15.32 and its two-hundred day moving average is $17.12. The stock has a market capitalization of $575.36 million, a P/E ratio of 20.34 and a beta of 1.21.

OneSpan Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Friday, May 16th. OneSpan’s dividend payout ratio (DPR) is presently 32.65%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on OSPN shares. Rosenblatt Securities reiterated a “buy” rating and set a $20.00 price target on shares of OneSpan in a research report on Friday. StockNews.com cut shares of OneSpan from a “buy” rating to a “hold” rating in a research report on Friday, March 28th.

About OneSpan

OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services.