Boston Partners acquired a new stake in shares of Atento SA (NYSE:ATTO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 343,543 shares of the business services provider’s stock, valued at approximately $3,487,000. Boston Partners owned approximately 0.46% of Atento at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in ATTO. Goldman Sachs Group Inc. acquired a new position in Atento during the second quarter valued at approximately $115,000. Edinburgh Partners Ltd raised its position in Atento by 237.3% during the third quarter. Edinburgh Partners Ltd now owns 98,500 shares of the business services provider’s stock valued at $1,143,000 after purchasing an additional 69,300 shares in the last quarter. Smith Moore & CO. acquired a new position in Atento during the third quarter valued at approximately $232,000. Macquarie Group Ltd. acquired a new position in Atento during the third quarter valued at approximately $660,000. Finally, Acadian Asset Management LLC raised its position in Atento by 84.0% during the fourth quarter. Acadian Asset Management LLC now owns 1,032,432 shares of the business services provider’s stock valued at $10,480,000 after purchasing an additional 471,284 shares in the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.
Several brokerages have recently issued reports on ATTO. BidaskClub downgraded shares of Atento from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Zacks Investment Research downgraded shares of Atento from a “buy” rating to a “hold” rating in a report on Monday, October 23rd. Robert W. Baird reiterated a “buy” rating and set a $15.00 price target on shares of Atento in a report on Sunday, October 22nd. ValuEngine downgraded shares of Atento from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Finally, Barrington Research set a $16.00 price target on shares of Atento and gave the stock a “buy” rating in a report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Atento presently has a consensus rating of “Hold” and a consensus target price of $14.50.
Atento SA (ATTO) opened at $9.85 on Wednesday. The stock has a market cap of $728.00, a price-to-earnings ratio of 35.18, a PEG ratio of 0.68 and a beta of -0.13. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.58 and a current ratio of 1.58. Atento SA has a 1-year low of $7.70 and a 1-year high of $12.90.
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Atento SA is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil.
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