8,002 Shares in CSP Inc. (NASDAQ:CSPI) Purchased by Barclays PLC

Barclays PLC purchased a new position in shares of CSP Inc. (NASDAQ:CSPI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,002 shares of the information technology services provider’s stock, valued at approximately $104,000. Barclays PLC owned about 0.08% of CSP as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Copeland Capital Management LLC purchased a new position in CSP during the third quarter worth about $42,000. Renaissance Technologies LLC boosted its holdings in CSP by 3.7% during the second quarter. Renaissance Technologies LLC now owns 442,226 shares of the information technology services provider’s stock worth $6,589,000 after purchasing an additional 15,800 shares during the last quarter. Finally, American Century Companies Inc. purchased a new position in CSP during the second quarter worth about $503,000. 26.74% of the stock is currently owned by hedge funds and other institutional investors.

CSP Stock Performance

CSP stock opened at $16.91 on Friday. CSP Inc. has a fifty-two week low of $10.06 and a fifty-two week high of $29.92. The stock has a market cap of $167.07 million, a PE ratio of -338.13 and a beta of 1.44. The firm’s 50-day simple moving average is $16.23 and its 200 day simple moving average is $14.48.

CSP (NASDAQ:CSPI) last released its quarterly earnings results on Friday, December 20th. The information technology services provider reported ($0.18) earnings per share for the quarter. CSP had a negative return on equity of 0.91% and a negative net margin of 0.78%.

CSP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 27th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Friday, December 27th. CSP’s payout ratio is -239.95%.

CSP Profile

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.