2 weeks Ago By ABMN Staff
American Century Companies Inc. increased its stake in shares of IDT Co. ( NYSE:IDT – Free Report ) by 8.
3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 42,567 shares of the utilities provider’s stock after purchasing an additional 3,279 shares during the quarter. American Century Companies Inc.
’s holdings in IDT were worth $1,529,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also made changes to their positions in the business. Wealth Enhancement Advisory Services LLC purchased a new position in IDT in the first quarter valued at $23,276,000.
Orchard Capital Management LLC grew its holdings in shares of IDT by 5.4% during the fourth quarter. Orchard Capital Management LLC now owns 282,466 shares of the utilities provider’s stock worth $9,629,000 after buying an additional 14,466 shares in the last quarter.
Russell Investments Group Ltd. boosted its position in shares of IDT by 40.3% in the first quarter.
Russell Investments Group Ltd. now owns 133,195 shares of the utilities provider’s stock worth $5,036,000 after acquiring an additional 38,290 shares during the last quarter. Bank of New York Mellon Corp lifted its position in IDT by 7.
5% during the second quarter. Bank of New York Mellon Corp now owns 78,361 shares of the utilities provider’s stock valued at $2,815,000 after buying an additional 5,454 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC lifted its position in shares of IDT by 28.
6% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 53,367 shares of the utilities provider’s stock worth $1,819,000 after purchasing an additional 11,875 shares in the last quarter. 59.
34% of the stock is currently owned by institutional investors. Insider Activity at IDT In other IDT news, Director Eric F. Cosentino sold 800 shares of the company’s stock in a transaction on Tuesday, July 16th.
The stock was sold at an average price of $37.24, for a total value of $29,792.00.
Following the transaction, the director now directly owns 551 shares of the company’s stock, valued at approximately $20,519.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this link .
In related news, EVP Joyce J. Mason sold 7,570 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $37.
25, for a total value of $281,982.50. Following the transaction, the executive vice president now owns 12,996 shares in the company, valued at $484,101.
The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Also, Director Eric F. Cosentino sold 800 shares of the company’s stock in a transaction dated Tuesday, July 16th.
The stock was sold at an average price of $37.24, for a total value of $29,792.00.
Following the completion of the transaction, the director now owns 551 shares in the company, valued at $20,519.24. The disclosure for this sale can be found here .
In the last quarter, insiders have sold 8,870 shares of company stock valued at $329,880. 15.00% of the stock is owned by insiders.
Wall Street Analyst Weigh In Read Our Latest Research Report on IDT IDT Price Performance Shares of IDT stock opened at $38.43 on Monday. The firm has a 50 day simple moving average of $37.
41 and a 200 day simple moving average of $37.45. The firm has a market cap of $973.
78 million, a P/E ratio of 27.45 and a beta of 0.79.
IDT Co. has a fifty-two week low of $21.64 and a fifty-two week high of $41.
58. IDT Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 7th. Investors of record on Monday, September 30th will be issued a dividend of $0.
05 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.
20 dividend on an annualized basis and a dividend yield of 0.52%. IDT’s payout ratio is presently 14.
29%. IDT Company Profile ( Free Report ) IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments.
The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data. Featured Articles Want to see what other hedge funds are holding IDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IDT Co.
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