Macquarie Group Ltd. boosted its position in Atento (NYSE:ATTO) by 33.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 76,008 shares of the business services provider’s stock after purchasing an additional 19,138 shares during the period. Macquarie Group Ltd. owned about 0.10% of Atento worth $771,000 as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. State of Tennessee Treasury Department acquired a new stake in Atento in the 4th quarter valued at about $109,000. Virtu Financial LLC acquired a new stake in Atento in the 4th quarter valued at about $235,000. Citadel Advisors LLC acquired a new stake in Atento in the 4th quarter valued at about $292,000. Two Sigma Advisers LP acquired a new stake in Atento in the 4th quarter valued at about $320,000. Finally, Balter Liquid Alternatives LLC acquired a new stake in Atento in the 4th quarter valued at about $445,000. Institutional investors and hedge funds own 95.08% of the company’s stock.
Shares of ATTO stock opened at $7.75 on Monday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.53 and a quick ratio of 1.58. The company has a market cap of $572.79, a price-to-earnings ratio of 10.33, a P/E/G ratio of 0.58 and a beta of 0.09. Atento has a 12-month low of $7.60 and a 12-month high of $12.90.
Atento (NYSE:ATTO) last issued its quarterly earnings data on Monday, March 19th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.04). The company had revenue of $478.30 million for the quarter, compared to analyst estimates of $486.19 million. Atento had a positive return on equity of 13.57% and a negative net margin of 0.88%. The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business earned $0.19 earnings per share. sell-side analysts anticipate that Atento will post 0.89 EPS for the current fiscal year.
Several equities research analysts recently issued reports on the stock. Barrington Research set a $16.00 target price on shares of Atento and gave the company a “buy” rating in a research note on Wednesday, December 20th. Zacks Investment Research downgraded shares of Atento from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. Robert W. Baird cut their price objective on shares of Atento from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday, March 21st. ValuEngine downgraded shares of Atento from a “buy” rating to a “hold” rating in a research report on Thursday, March 22nd. Finally, Goldman Sachs began coverage on shares of Atento in a research report on Tuesday, April 3rd. They set a “neutral” rating and a $10.50 price objective for the company. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $12.70.
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Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.
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