Arrowstreet Capital Limited Partnership Sells 46,301 Shares of VeriSign, Inc. $VRSN

robot
Abstract generation in progress

Arrowstreet Capital Limited Partnership reduced its stake in VeriSign, Inc. by 3.2% in the third quarter, selling 46,301 shares and now holding 1,381,301 shares worth $386.17 million. Despite institutional selling, VeriSign recently increased its quarterly dividend to $0.81 per share, leading to an annualized dividend of $3.24 and a yield of 1.4%. The company reported Q4 earnings of $2.23 EPS, missing estimates, but revenue rose 7.6% year-over-year to $425.30 million.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin