Spok Holdings, Inc. (SPOK) Shares Sold by American Century Companies Inc.
American Century Companies Inc. reduced its stake in Spok Holdings, Inc. (NASDAQ:SPOK) by 3.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 276,278 shares of the Wireless communications provider’s stock after selling 9,800 shares during the quarter. American Century Companies Inc. owned about 1.38% of Spok Holdings worth $4,890,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Cigna Investments Inc. New purchased a new position in shares of Spok Holdings in the 2nd quarter valued at approximately $252,000. Texas Permanent School Fund raised its position in Spok Holdings by 0.9% during the 2nd quarter. Texas Permanent School Fund now owns 14,993 shares of the Wireless communications provider’s stock worth $265,000 after buying an additional 128 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its position in Spok Holdings by 1.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 24,510 shares of the Wireless communications provider’s stock worth $434,000 after buying an additional 330 shares during the last quarter. Great West Life Assurance Co. Can raised its position in Spok Holdings by 8.8% during the 2nd quarter. Great West Life Assurance Co. Can now owns 37,141 shares of the Wireless communications provider’s stock worth $657,000 after buying an additional 3,000 shares during the last quarter. Finally, Legal & General Group Plc raised its position in Spok Holdings by 12.3% during the 2nd quarter. Legal & General Group Plc now owns 37,903 shares of the Wireless communications provider’s stock worth $671,000 after buying an additional 4,147 shares during the last quarter. 87.42% of the stock is owned by hedge funds and other institutional investors.
In other Spok Holdings news, CEO Vincent D. Kelly sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $16.81, for a total value of $168,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.63% of the stock is currently owned by insiders.
A number of equities analysts have issued reports on the stock. ValuEngine lowered shares of Spok Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, June 15th. BidaskClub raised shares of Spok Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th.
Spok Holdings, Inc. (SPOK) opened at 14.85 on Friday. The firm’s 50-day moving average is $16.56 and its 200-day moving average is $17.61. The stock has a market capitalization of $296.66 million, a price-to-earnings ratio of 32.35 and a beta of 0.64. Spok Holdings, Inc. has a 52-week low of $14.50 and a 52-week high of $22.60.
Spok Holdings (NASDAQ:SPOK) last issued its quarterly earnings data on Wednesday, July 26th. The Wireless communications provider reported $0.07 earnings per share for the quarter. Spok Holdings had a return on equity of 2.93% and a net margin of 5.44%. The company had revenue of $42.33 million during the quarter. Analysts predict that Spok Holdings, Inc. will post $0.90 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 18th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend was Wednesday, August 16th. Spok Holdings’s dividend payout ratio is currently 108.70%.
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Spok Holdings Profile
USA Mobility, Inc (USA Mobility) is a holding company, which operates through its indirect wholly owned subsidiary, USA Mobility Wireless, Inc The Company is a provider of wireless messaging, mobile voice and data and unified communications solutions in the United States. In addition, through its indirect wholly owned subsidiary, Amcom Software, Inc (Amcom), it provides mission critical unified communications solutions for contact centers, emergency management, mobile event notification and Smartphone messaging.
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