Segall Bryant & Hamill LLC Has $3.12 Million Stock Position in Onespan Inc (NASDAQ:OSPN)

Segall Bryant & Hamill LLC increased its stake in shares of Onespan Inc (NASDAQ:OSPN - Free Report) by 11.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,415 shares of the company's stock after buying an additional 21,594 shares during the quarter. Segall Bryant & Hamill LLC owned 0.53% of Onespan worth $3,117,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of OSPN. Copeland Capital Management LLC purchased a new position in shares of Onespan during the 1st quarter valued at about $64,000. State of Tennessee Department of Treasury purchased a new stake in shares of Onespan during the fourth quarter worth about $147,000. KLP Kapitalforvaltning AS bought a new stake in Onespan in the 4th quarter worth approximately $152,000. MQS Management LLC purchased a new position in Onespan during the 1st quarter valued at $158,000. Finally, NewEdge Advisors LLC bought a new position in shares of Onespan during the 4th quarter worth $189,000. Institutional investors own 95.52% of the company's stock.

Wall Street Analyst Weigh In

OSPN has been the topic of several recent analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and issued a $20.00 price target on shares of Onespan in a research note on Friday, May 2nd. Wall Street Zen cut Onespan from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd.

Onespan Trading Down 0.7%

NASDAQ OSPN traded down $0.10 on Friday, hitting $15.04. 285,476 shares of the company were exchanged, compared to its average volume of 404,354. The stock has a fifty day moving average of $16.23 and a 200-day moving average of $16.63. The company has a market cap of $574.98 million, a PE ratio of 10.23 and a beta of 1.15. Onespan Inc has a 12 month low of $12.78 and a 12 month high of $20.37.

Onespan Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a $0.12 dividend. The ex-dividend date was Friday, May 16th. This represents a $0.48 dividend on an annualized basis and a yield of 3.19%. Onespan's dividend payout ratio 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.