Spok Holdings Inc (SPOK) Holdings Cut by Barclays PLC
Barclays PLC lowered its stake in shares of Spok Holdings Inc (NASDAQ:SPOK) by 62.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,206 shares of the Wireless communications provider’s stock after selling 13,884 shares during the quarter. Barclays PLC’s holdings in Spok were worth $108,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund bought a new stake in Spok during the fourth quarter worth approximately $91,000. Menta Capital LLC bought a new stake in Spok during the fourth quarter worth approximately $172,000. Meeder Asset Management Inc. boosted its position in Spok by 3,085.0% during the fourth quarter. Meeder Asset Management Inc. now owns 14,046 shares of the Wireless communications provider’s stock worth $186,000 after purchasing an additional 13,605 shares during the period. Bessemer Group Inc. bought a new stake in Spok during the fourth quarter worth approximately $199,000. Finally, Campbell & CO Investment Adviser LLC boosted its position in Spok by 99.6% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 21,960 shares of the Wireless communications provider’s stock worth $322,000 after purchasing an additional 10,960 shares during the period. 81.04% of the stock is owned by hedge funds and other institutional investors.
In other news, CEO Vincent D. Kelly sold 5,000 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $13.80, for a total value of $69,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is currently owned by corporate insiders.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 3.51%.
Separately, BidaskClub raised Spok from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 5th.
Spok Company Profile
Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.
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