Spok Holdings, Inc. (SPOK) Stake Lifted by Citadel Advisors LLC
Citadel Advisors LLC raised its position in Spok Holdings, Inc. (NASDAQ:SPOK) by 74.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 82,053 shares of the Wireless communications provider’s stock after purchasing an additional 34,922 shares during the period. Citadel Advisors LLC owned 0.41% of Spok worth $1,259,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Spok in the 3rd quarter valued at $138,000. Hancock Holding Co. bought a new stake in Spok during the 2nd quarter valued at $193,000. Great Lakes Advisors LLC bought a new stake in Spok during the 2nd quarter valued at $204,000. Thrivent Financial For Lutherans increased its stake in Spok by 5.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 12,380 shares of the Wireless communications provider’s stock valued at $219,000 after purchasing an additional 650 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in Spok by 13.1% during the 2nd quarter. Voya Investment Management LLC now owns 12,459 shares of the Wireless communications provider’s stock valued at $221,000 after purchasing an additional 1,439 shares in the last quarter. Hedge funds and other institutional investors own 85.28% of the company’s stock.
In other news, insider Tom Saine sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $17.30, for a total value of $51,900.00. Following the completion of the sale, the insider now owns 43,924 shares in the company, valued at approximately $759,885.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Vincent D. Kelly sold 5,000 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $17.41, for a total transaction of $87,050.00. The disclosure for this sale can be found here. Insiders have sold a total of 13,000 shares of company stock valued at $225,300 in the last 90 days. 1.63% of the stock is currently owned by company insiders.
Shares of Spok Holdings, Inc. (NASDAQ SPOK) opened at $16.05 on Thursday. The company has a market cap of $339.72, a price-to-earnings ratio of 37.78 and a beta of 0.61. Spok Holdings, Inc. has a one year low of $14.45 and a one year high of $22.60.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $0.50 dividend on an annualized basis and a yield of 3.12%. Spok’s dividend payout ratio (DPR) is presently 111.11%.
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Spok Company Profile
USA Mobility, Inc (USA Mobility) is a holding company, which operates through its indirect wholly owned subsidiary, USA Mobility Wireless, Inc The Company is a provider of wireless messaging, mobile voice and data and unified communications solutions in the United States. In addition, through its indirect wholly owned subsidiary, Amcom Software, Inc (Amcom), it provides mission critical unified communications solutions for contact centers, emergency management, mobile event notification and Smartphone messaging.
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