Susquehanna Fundamental Investments LLC Acquires Shares of 29,569 OneSpan Inc. (NASDAQ:OSPN)

Susquehanna Fundamental Investments LLC bought a new position in OneSpan Inc. (NASDAQ:OSPN - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Oberweis Asset Management Inc. lifted its stake in shares of OneSpan by 47.1% in the 4th quarter. Oberweis Asset Management Inc. now owns 545,450 shares of the company's stock valued at $10,113,000 after purchasing an additional 174,750 shares during the period. State of Tennessee Department of Treasury bought a new stake in shares of OneSpan in the fourth quarter worth approximately $147,000. Dimensional Fund Advisors LP raised its stake in OneSpan by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 917,691 shares of the company's stock valued at $17,015,000 after buying an additional 70,525 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in OneSpan by 8.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 206,935 shares of the company's stock worth $3,834,000 after purchasing an additional 16,465 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in OneSpan during the fourth quarter valued at approximately $189,000. 95.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. StockNews.com cut shares of OneSpan from a "buy" rating to a "hold" rating in a research note on Friday, March 28th. Rosenblatt Securities reaffirmed a "buy" rating and set a $20.00 price objective on shares of OneSpan in a research note on Friday, May 2nd.

OneSpan Stock Up 1.4 %

Shares of NASDAQ:OSPN traded up $0.21 during trading on Friday, hitting $15.74. 161,167 shares of the stock traded hands, compared to its average volume of 401,430. OneSpan Inc. has a 52-week low of $11.94 and a 52-week high of $20.37. The company has a fifty day moving average price of $15.25 and a two-hundred day moving average price of $17.11. The company has a market cap of $601.74 million, a price-to-earnings ratio of 21.27 and a beta of 1.21.

OneSpan Announces Dividend

The business 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 $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Friday, May 16th. OneSpan's dividend payout ratio (DPR) is presently 32.65%.

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.