Versant Corporation (NASDAQ:VSNT) Shareholders to Collect $0.38 Quarterly Dividend

Versant Corporation (NASDAQ:VSNT) announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.3750 per share on Thursday, October 22nd. This represents a $1.50 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Thursday, October 1st.

Versant Trading Down 1.0%

Shares of NASDAQ VSNT opened at $32.46 on Tuesday. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.35. Versant has a 12 month low of $27.17 and a 12 month high of $59.00. The company has a market cap of $4.51 billion and a price-to-earnings ratio of 9.33. The business has a fifty day simple moving average of $37.42 and a 200-day simple moving average of $38.41.

Versant (NASDAQ:VSNT) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.10. The company had revenue of $1.64 billion during the quarter. Sell-side analysts predict that Versant will post 4.08 EPS for the current year.

Institutional Trading of Versant

Institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC grew its holdings in shares of Versant by 154.1% during the 2nd quarter. Hsbc Holdings PLC now owns 443,145 shares of the company’s stock valued at $16,079,000 after acquiring an additional 268,740 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Versant during the second quarter worth $2,781,000. Boussard & Gavaudan Gestion Sas purchased a new stake in shares of Versant during the second quarter worth $4,198,000. Gradient Investments LLC acquired a new stake in Versant during the second quarter valued at $1,350,000. Finally, Bank of America Corp DE acquired a new stake in Versant during the first quarter valued at $25,317,000.

About Versant

Versant, Inc is a media and entertainment company formed through the separation of certain cable television and digital media assets from Comcast. The company operates a portfolio of entertainment, news, sports and lifestyle brands serving audiences in the United States and internationally through television networks, digital platforms and related content services.

Versant’s portfolio includes USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel, along with digital properties such as Fandango and Rotten Tomatoes.