Allspring Global Investments Holdings LLC bought a new stake in Atlanticus Holdings Co. (NASDAQ:ATLC – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 630 shares of the credit services provider’s stock, valued at approximately $26,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of Atlanticus by 184.4% during the fourth quarter. Barclays PLC now owns 1,132 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 734 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of Atlanticus during the first quarter worth about $29,000. Tower Research Capital LLC TRC lifted its stake in shares of Atlanticus by 499.5% during the third quarter. Tower Research Capital LLC TRC now owns 1,157 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 964 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Atlanticus during the first quarter worth about $32,000. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of Atlanticus by 82.0% during the second quarter. BNP Paribas Arbitrage SA now owns 1,161 shares of the credit services provider’s stock worth $41,000 after purchasing an additional 523 shares in the last quarter. Institutional investors and hedge funds own 13.81% of the company’s stock.
Atlanticus Stock Up 0.2 %
Shares of Atlanticus stock opened at $30.90 on Monday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm has a market cap of $450.77 million, a P/E ratio of 7.52 and a beta of 1.84. Atlanticus Holdings Co. has a fifty-two week low of $21.65 and a fifty-two week high of $43.70. The business has a 50-day moving average price of $30.02 and a 200 day moving average price of $34.39.
Analyst Ratings Changes
Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers and service providers.
- Five stocks we like better than Atlanticus
- Investing in Vaccines 101: How to Invest in Vaccine Stocks
- S&P 500’s Whirlwind: Big gains, warning whispers & tactical moves
- What is the NASDAQ Stock Exchange?
- MarketBeat Week in Review – 11/13 – 11/17
- Investing In Preferred Stock vs. Common Stock
- 3 large caps with red hot RSIs with upside
Receive News & Ratings for Atlanticus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanticus and related companies with MarketBeat.com's FREE daily email newsletter.