UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Holdings in OneSpan Inc. (NASDAQ:OSPN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in OneSpan Inc. (NASDAQ:OSPN - Free Report) by 20.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 92,540 shares of the company's stock after purchasing an additional 15,834 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.24% of OneSpan worth $1,716,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Deutsche Bank AG boosted its position in OneSpan by 38.1% during the 4th quarter. Deutsche Bank AG now owns 39,853 shares of the company's stock worth $739,000 after acquiring an additional 10,988 shares during the last quarter. Amundi acquired a new position in OneSpan during the 4th quarter worth approximately $314,000. Swiss National Bank boosted its position in OneSpan by 6.3% during the 4th quarter. Swiss National Bank now owns 70,700 shares of the company's stock worth $1,311,000 after acquiring an additional 4,200 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in OneSpan during the 4th quarter worth approximately $210,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in OneSpan during the 4th quarter worth approximately $109,000. 95.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on OSPN. Wall Street Zen cut OneSpan from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Rosenblatt Securities restated a "buy" rating and issued a $20.00 price target on shares of OneSpan in a research note on Friday, May 2nd.

OneSpan Stock Performance

Shares of NASDAQ OSPN traded down $0.08 during midday trading on Wednesday, hitting $16.50. 344,123 shares of the stock traded hands, compared to its average volume of 396,817. The company has a market cap of $630.80 million, a PE ratio of 22.30 and a beta of 1.17. OneSpan Inc. has a one year low of $12.28 and a one year high of $20.37. The business has a 50 day moving average price of $15.39 and a two-hundred day moving average price of $17.07.

OneSpan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $0.48 dividend on an annualized basis and a yield of 2.91%. OneSpan's dividend payout ratio (DPR) is 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.