WINTON GROUP Ltd Decreases Stock Holdings in A10 Networks, Inc. (NYSE:ATEN)

WINTON GROUP Ltd reduced its holdings in A10 Networks, Inc. (NYSE:ATEN) by 1.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 74,967 shares of the communications equipment provider’s stock after selling 1,305 shares during the period. WINTON GROUP Ltd owned approximately 0.10% of A10 Networks worth $1,379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB increased its stake in A10 Networks by 3,389.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,059 shares of the communications equipment provider’s stock worth $38,000 after acquiring an additional 2,000 shares during the last quarter. GAMMA Investing LLC increased its position in shares of A10 Networks by 43.5% during the 4th quarter. GAMMA Investing LLC now owns 2,456 shares of the communications equipment provider’s stock valued at $45,000 after purchasing an additional 744 shares during the last quarter. Quantbot Technologies LP raised its holdings in A10 Networks by 95.4% during the 3rd quarter. Quantbot Technologies LP now owns 5,657 shares of the communications equipment provider’s stock valued at $82,000 after buying an additional 2,762 shares during the period. KBC Group NV lifted its position in A10 Networks by 79.1% in the fourth quarter. KBC Group NV now owns 5,096 shares of the communications equipment provider’s stock worth $94,000 after buying an additional 2,251 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in A10 Networks during the fourth quarter valued at $161,000. 98.61% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ATEN has been the subject of several analyst reports. BWS Financial restated a “buy” rating and issued a $24.00 target price on shares of A10 Networks in a report on Wednesday, February 5th. StockNews.com upgraded A10 Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Finally, Craig Hallum upped their target price on A10 Networks from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Wednesday, February 5th.

A10 Networks Trading Down 0.9 %

NYSE ATEN opened at $17.29 on Friday. The stock has a market cap of $1.28 billion, a PE ratio of 25.80 and a beta of 1.17. A10 Networks, Inc. has a 12 month low of $12.27 and a 12 month high of $21.90. The company’s 50-day moving average price is $19.52 and its 200-day moving average price is $17.34.

A10 Networks (NYSE:ATEN) last issued its earnings results on Tuesday, February 4th. The communications equipment provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. A10 Networks had a net margin of 19.16% and a return on equity of 23.44%. As a group, sell-side analysts forecast that A10 Networks, Inc. will post 0.69 earnings per share for the current year.

A10 Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Friday, February 14th. A10 Networks’s dividend payout ratio is 35.82%.

A10 Networks Profile

A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.