22,288 Shares in OneSpan Inc. (NASDAQ:OSPN) Bought by Centiva Capital LP

Centiva Capital LP bought a new stake in shares of OneSpan Inc. (NASDAQ:OSPN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,288 shares of the company's stock, valued at approximately $413,000. Centiva Capital LP owned about 0.06% of OneSpan at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in OSPN. Barclays PLC increased its holdings in shares of OneSpan by 388.5% in the third quarter. Barclays PLC now owns 66,719 shares of the company's stock valued at $1,113,000 after purchasing an additional 53,060 shares during the last quarter. Assenagon Asset Management S.A. increased 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 purchasing an additional 157,387 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in shares of OneSpan in the fourth quarter valued at approximately $540,000. Amundi acquired a new stake in shares of OneSpan in the fourth quarter valued at approximately $314,000. Finally, Swiss National Bank increased its holdings in shares of OneSpan by 6.3% in the fourth quarter. Swiss National Bank now owns 70,700 shares of the company's stock valued at $1,311,000 after purchasing an additional 4,200 shares during the last quarter. Institutional investors and hedge funds own 95.52% of the company's stock.

OneSpan Stock Performance

Shares of OSPN traded up $0.10 during midday trading on Friday, hitting $16.17. The company had a trading volume of 79,713 shares, compared to its average volume of 404,636. The company's 50-day simple moving average is $15.21 and its 200-day simple moving average is $17.17. The firm has a market capitalization of $618.18 million, a P/E ratio of 21.88 and a beta of 1.21. OneSpan Inc. has a 1 year low of $12.28 and a 1 year high of $20.37.

OneSpan Dividend Announcement

The company also recently disclosed 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 yield of 2.97%. The ex-dividend date is Friday, May 16th. OneSpan's dividend payout ratio is currently 32.65%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Rosenblatt Securities reiterated a "buy" rating and issued a $20.00 price objective on shares of OneSpan in a research report on Friday, May 2nd. StockNews.com raised OneSpan from a "buy" rating to a "strong-buy" rating in a research note on Wednesday.

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.