Martingale Asset Management L P acquired a new position in shares of Spok Holdings Inc (NASDAQ:SPOK) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 50,710 shares of the Wireless communications provider’s stock, valued at approximately $673,000. Martingale Asset Management L P owned about 0.26% of Spok 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 the stock. California Public Employees Retirement System lifted its stake in Spok by 2.0% during the fourth quarter. California Public Employees Retirement System now owns 38,538 shares of the Wireless communications provider’s stock worth $511,000 after purchasing an additional 745 shares during the last quarter. Arizona State Retirement System lifted its stake in Spok by 6.1% during the fourth quarter. Arizona State Retirement System now owns 27,865 shares of the Wireless communications provider’s stock worth $369,000 after purchasing an additional 1,614 shares during the last quarter. Mackenzie Financial Corp lifted its stake in Spok by 15.7% during the fourth quarter. Mackenzie Financial Corp now owns 26,781 shares of the Wireless communications provider’s stock worth $355,000 after purchasing an additional 3,631 shares during the last quarter. SG Americas Securities LLC lifted its stake in Spok by 5.3% during the third quarter. SG Americas Securities LLC now owns 99,830 shares of the Wireless communications provider’s stock worth $1,537,000 after purchasing an additional 4,994 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund bought a new position in Spok during the fourth quarter worth $91,000. Hedge funds and other institutional investors own 80.58% of the company’s stock.
Separately, BidaskClub upgraded Spok from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 20th.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date is Thursday, March 14th.
In other Spok news, CEO Vincent D. Kelly sold 5,000 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $13.80, for a total value of $69,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.60% of the company’s stock.
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Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.
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