GSA Capital Partners LLP Increases Holdings in IDT Co. (IDT)

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GSA Capital Partners LLP grew its position in IDT Co. (NYSE:IDT) by 189.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 193,922 shares of the utilities provider’s stock after acquiring an additional 127,016 shares during the quarter. GSA Capital Partners LLP owned 0.78% of IDT worth $1,090,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IDT. Deutsche Bank AG lifted its position in shares of IDT by 97.0% in the 4th quarter. Deutsche Bank AG now owns 44,556 shares of the utilities provider’s stock worth $470,000 after acquiring an additional 21,942 shares during the period. BlackRock Inc. lifted its position in shares of IDT by 4.4% in the 1st quarter. BlackRock Inc. now owns 1,290,701 shares of the utilities provider’s stock worth $8,093,000 after acquiring an additional 54,973 shares during the period. Matarin Capital Management LLC bought a new stake in shares of IDT in the 1st quarter worth approximately $255,000. California Public Employees Retirement System lifted its position in shares of IDT by 34.1% in the 1st quarter. California Public Employees Retirement System now owns 42,994 shares of the utilities provider’s stock worth $270,000 after acquiring an additional 10,927 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of IDT by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,580,501 shares of the utilities provider’s stock worth $9,910,000 after acquiring an additional 21,978 shares during the period. Institutional investors own 41.95% of the company’s stock.

Shares of IDT stock opened at $5.28 on Friday. IDT Co. has a 12 month low of $4.82 and a 12 month high of $16.48.

IDT (NYSE:IDT) last announced its quarterly earnings data on Tuesday, June 5th. The utilities provider reported $0.03 EPS for the quarter. IDT had a positive return on equity of 0.06% and a negative net margin of 0.89%. The company had revenue of $365.41 million during the quarter.

In related news, Director Judah Schorr bought 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 18th. The stock was acquired at an average price of $5.45 per share, for a total transaction of $109,000.00. Following the transaction, the director now directly owns 107,620 shares of the company’s stock, valued at $586,529. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 21.80% of the stock is owned by company insiders.

IDT Profile

IDT Corporation, through its subsidiaries, operates primarily in the telecommunications and payment industries in the United States and internationally. It operates in three segments: Telecom Platform Services, Unified Communications as a Service, and Consumer Phone Services. The Telecom Platform Services segment offers retail telecommunication products, including international long-distance calling products primarily to foreign-born communities; payment offerings, such as international and domestic airtime top-up, and international money transfer services; and wholesale international long distance traffic termination services for tier 1 fixed line and mobile network operators, as well as for other service providers.

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Institutional Ownership by Quarter for IDT (NYSE:IDT)

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