60,590 Shares in OneSpan Inc. (NASDAQ:OSPN) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL bought a new stake in OneSpan Inc. (NASDAQ:OSPN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 60,590 shares of the company's stock, valued at approximately $1,123,000. Tudor Investment Corp ET AL owned approximately 0.16% of OneSpan at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of OSPN. Susquehanna Fundamental Investments LLC acquired a new stake in OneSpan in the fourth quarter valued at $548,000. Oberweis Asset Management Inc. increased its stake in shares of OneSpan by 47.1% in the fourth quarter. Oberweis Asset Management Inc. now owns 545,450 shares of the company's stock valued at $10,113,000 after buying an additional 174,750 shares during the period. State of Tennessee Department of Treasury acquired a new stake in shares of OneSpan in the fourth quarter valued at about $147,000. Dimensional Fund Advisors LP raised its position in shares of OneSpan by 8.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 917,691 shares of the company's stock worth $17,015,000 after acquiring an additional 70,525 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of 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 acquiring an additional 16,465 shares during the period. 95.52% of the stock is currently owned by institutional investors and hedge funds.

OneSpan Stock Performance

OSPN traded up $0.42 during midday trading on Monday, reaching $16.20. 46,219 shares of the company were exchanged, compared to its average volume of 406,304. The company has a market cap of $619.48 million, a price-to-earnings ratio of 21.84 and a beta of 1.21. OneSpan Inc. has a one year low of $11.94 and a one year high of $20.37. The company's fifty day moving average price is $15.23 and its 200 day moving average price is $17.16.

OneSpan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, May 16th. This represents a $0.48 annualized dividend and a yield of 2.96%. OneSpan's dividend payout ratio (DPR) is currently 32.65%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on OSPN shares. Rosenblatt Securities restated a "buy" rating and set a $20.00 price target on shares of OneSpan in a report on Friday, May 2nd. StockNews.com cut shares of OneSpan from a "buy" rating to a "hold" rating in a research report on Friday, March 28th.

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.