OneSpan Inc. (NASDAQ:OSPN) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in OneSpan Inc. (NASDAQ:OSPN) by 27.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,164,294 shares of the company’s stock after purchasing an additional 469,628 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.06% of OneSpan worth $40,129,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in OneSpan by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 3,526,988 shares of the company’s stock worth $65,390,000 after purchasing an additional 38,362 shares during the period. Raymond James Financial Inc. acquired a new stake in OneSpan in the fourth quarter worth approximately $44,699,000. Legal & General Group Plc lifted its position in OneSpan by 0.8% in the fourth quarter. Legal & General Group Plc now owns 2,195,570 shares of the company’s stock worth $40,706,000 after purchasing an additional 16,901 shares during the period. Ameriprise Financial Inc. lifted its position in OneSpan by 28.9% in the fourth quarter. Ameriprise Financial Inc. now owns 1,764,292 shares of the company’s stock worth $32,710,000 after purchasing an additional 395,222 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in OneSpan by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 917,691 shares of the company’s stock worth $17,015,000 after purchasing an additional 70,525 shares during the period. 95.52% of the stock is currently owned by institutional investors and hedge funds.

OneSpan Stock Performance

Shares of NASDAQ:OSPN opened at $16.44 on Wednesday. OneSpan Inc. has a one year low of $12.14 and a one year high of $20.37. The stock has a fifty day moving average of $15.23 and a 200-day moving average of $17.16. The company has a market capitalization of $628.50 million, a PE ratio of 22.22 and a beta of 1.21.

OneSpan Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Friday, May 16th. OneSpan’s dividend payout ratio (DPR) is currently 32.65%.

Analyst Ratings Changes

OSPN has been the subject of a number of recent research reports. StockNews.com downgraded OneSpan from a “buy” rating to a “hold” rating in a research report on Friday, March 28th. Rosenblatt Securities reiterated a “buy” rating and set a $20.00 price objective on shares of OneSpan in a research report on Friday, May 2nd.

OneSpan Profile

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.