Northern Trust Corp Has $4.09 Million Position in Anterix Inc. (NASDAQ:ATEX)

Northern Trust Corp lifted its stake in shares of Anterix Inc. (NASDAQ:ATEX) by 8.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,270 shares of the company’s stock after purchasing an additional 10,463 shares during the quarter. Northern Trust Corp owned 0.72% of Anterix worth $4,087,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Federated Hermes Inc. raised its position in Anterix by 74.0% in the fourth quarter. Federated Hermes Inc. now owns 1,432 shares of the company’s stock valued at $44,000 after purchasing an additional 609 shares during the last quarter. Aquatic Capital Management LLC acquired a new stake in Anterix during the 4th quarter worth approximately $47,000. Russell Investments Group Ltd. boosted its position in Anterix by 156.7% during the 4th quarter. Russell Investments Group Ltd. now owns 1,797 shares of the company’s stock worth $55,000 after buying an additional 1,097 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Anterix during the 4th quarter worth approximately $55,000. Finally, Wells Fargo & Company MN increased its position in Anterix by 46.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,841 shares of the company’s stock valued at $179,000 after acquiring an additional 1,849 shares during the period. 87.67% of the stock is currently owned by institutional investors and hedge funds.

Anterix Trading Down 0.1%

Shares of ATEX opened at $27.97 on Friday. The stock’s 50-day moving average price is $32.15 and its two-hundred day moving average price is $32.99. Anterix Inc. has a 12 month low of $27.31 and a 12 month high of $42.91. The company has a market capitalization of $519.88 million, a PE ratio of -17.16 and a beta of 0.94.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised their price target on shares of Anterix from $61.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, February 13th.

Anterix Company Profile

Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.