Susquehanna Fundamental Investments LLC Makes New $548,000 Investment in OneSpan Inc. (NASDAQ:OSPN)

Susquehanna Fundamental Investments LLC purchased a new stake in OneSpan Inc. (NASDAQ:OSPN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 29,569 shares of the company's stock, valued at approximately $548,000. Susquehanna Fundamental Investments LLC owned 0.08% of OneSpan as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of OneSpan by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 3,526,988 shares of the company's stock valued at $65,390,000 after buying an additional 38,362 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of OneSpan during the fourth quarter worth about $44,699,000. Legal & General Group Plc increased its position in OneSpan by 0.8% during the 4th quarter. Legal & General Group Plc now owns 2,195,570 shares of the company's stock valued at $40,706,000 after purchasing an additional 16,901 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of OneSpan by 177.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,106,806 shares of the company's stock valued at $18,450,000 after purchasing an additional 708,020 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of OneSpan by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 917,691 shares of the company's stock worth $17,015,000 after buying an additional 70,525 shares in the last quarter. 95.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OSPN has been the topic of several research reports. StockNews.com downgraded shares of OneSpan from a "buy" rating to a "hold" rating in a 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 note on Friday.

OneSpan Trading Up 1.7 %

NASDAQ OSPN traded up $0.26 on Tuesday, hitting $15.43. The company's stock had a trading volume of 419,164 shares, compared to its average volume of 402,195. The company's 50-day simple moving average is $15.27 and its 200 day simple moving average is $17.12. The firm has a market cap of $589.89 million, a P/E ratio of 20.85 and a beta of 1.21. OneSpan Inc. has a 52-week low of $11.70 and a 52-week high of $20.37.

OneSpan Dividend Announcement

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 issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.48 annualized dividend and a yield of 3.11%. OneSpan's dividend payout ratio (DPR) is presently 32.65%.

OneSpan Company 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.