UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 1,529 Shares of Anterix Inc. (NASDAQ:ATEX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Anterix Inc. (NASDAQ:ATEX) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,071 shares of the company’s stock after purchasing an additional 1,529 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.13% of Anterix worth $738,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Anterix by 8,107.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 11,080 shares of the company’s stock valued at $333,000 after acquiring an additional 10,945 shares in the last quarter. Sei Investments Co. bought a new position in shares of Anterix during the fourth quarter valued at $294,000. Millennium Management LLC increased its holdings in shares of Anterix by 20.2% during the fourth quarter. Millennium Management LLC now owns 77,330 shares of the company’s stock valued at $2,372,000 after acquiring an additional 13,017 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Anterix during the fourth quarter valued at $254,000. Finally, Nuveen Asset Management LLC increased its holdings in Anterix by 26.4% in the 4th quarter. Nuveen Asset Management LLC now owns 185,573 shares of the company’s stock worth $5,692,000 after buying an additional 38,770 shares in the last quarter. 87.67% of the stock is currently owned by institutional investors.

Anterix Stock Performance

Shares of NASDAQ:ATEX opened at $28.38 on Wednesday. The stock has a market capitalization of $527.50 million, a price-to-earnings ratio of -17.41 and a beta of 0.88. The stock’s 50-day simple moving average is $29.52 and its two-hundred day simple moving average is $32.40. Anterix Inc. has a 52-week low of $25.32 and a 52-week high of $42.91.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lifted their price objective on Anterix from $61.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, February 13th.

About Anterix

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.