Foundry Partners LLC raised its holdings in shares of IDT Co. (NYSE:IDT) by 30.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 435,295 shares of the utilities provider’s stock after purchasing an additional 102,175 shares during the period. Foundry Partners LLC’s holdings in IDT were worth $4,614,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IDT. Ameriprise Financial Inc. purchased a new position in IDT during the 2nd quarter valued at about $227,000. Nationwide Fund Advisors increased its position in IDT by 20.5% during the 2nd quarter. Nationwide Fund Advisors now owns 59,969 shares of the utilities provider’s stock valued at $862,000 after purchasing an additional 10,193 shares during the period. Symons Capital Management Inc. purchased a new position in IDT during the 3rd quarter valued at about $182,000. Bank of New York Mellon Corp increased its position in IDT by 3.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 391,341 shares of the utilities provider’s stock valued at $5,509,000 after purchasing an additional 12,646 shares during the period. Finally, Old West Investment Management LLC increased its position in IDT by 63.5% during the 3rd quarter. Old West Investment Management LLC now owns 309,440 shares of the utilities provider’s stock valued at $4,356,000 after purchasing an additional 120,173 shares during the period. 52.80% of the stock is currently owned by institutional investors and hedge funds.

IDT Co. (NYSE:IDT) opened at $11.23 on Monday. The company has a market cap of $278.96, a PE ratio of -17.02 and a beta of 1.05. IDT Co. has a 12-month low of $10.11 and a 12-month high of $20.43.

IDT (NYSE:IDT) last posted its earnings results on Tuesday, December 5th. The utilities provider reported ($0.02) EPS for the quarter. IDT had a negative net margin of 1.03% and a positive return on equity of 7.53%.

In other news, Director Judah Schorr acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were purchased at an average price of $10.82 per share, with a total value of $108,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 21.80% of the stock is owned by insiders.

Separately, TheStreet downgraded shares of IDT from a “b-” rating to a “c” rating in a research report on Tuesday, October 3rd.

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IDT Company Profile

IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company’s segments include Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.

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Institutional Ownership by Quarter for IDT (NYSE:IDT)

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