5,525 Shares in IDT Corporation (NYSE:IDT) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of IDT Corporation (NYSE:IDT) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 5,525 shares of the utilities provider’s stock, valued at approximately $283,000.

Several other large investors have also bought and sold shares of IDT. Park Square Financial Group LLC bought a new position in IDT during the 4th quarter valued at approximately $44,000. Copeland Capital Management LLC purchased a new stake in shares of IDT in the first quarter worth $57,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of IDT during the fourth quarter valued at $180,000. Raymond James Financial Inc. bought a new position in shares of IDT during the fourth quarter valued at $201,000. Finally, ProShare Advisors LLC purchased a new position in shares of IDT in the 4th quarter worth about $206,000. 59.34% of the stock is owned by institutional investors.

IDT Stock Performance

Shares of NYSE:IDT opened at $59.09 on Tuesday. The firm’s 50 day simple moving average is $62.77 and its 200-day simple moving average is $54.79. IDT Corporation has a one year low of $33.84 and a one year high of $71.12. The firm has a market cap of $1.49 billion, a PE ratio of 15.59 and a beta of 0.74.

IDT (NYSE:IDT) last announced its earnings results on Thursday, June 5th. The utilities provider reported $0.87 EPS for the quarter. IDT had a net margin of 7.85% and a return on equity of 26.38%. The business had revenue of $301.98 million during the quarter.

IDT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Monday, June 9th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.4%. IDT’s payout ratio is 6.33%.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of IDT from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 14th.

About IDT

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.