IDT Corporation (NYSE:IDT) is expected to pay $0.19 on Oct 20, 2016. The indicated annual dividend is $0.76. Shareholders owning the stock before Oct 6, 2016 will be eligible to receive the payout. Based on IDT Corporation’s current price of $16.92, the dividend is 1.12%. This dividend’s record date is Oct 11, 2016 and the announcement date is Sep 29, 2016. The stock decreased 2.25% or $0.39 during the last trading session, hitting $16.92. IDT Corporation (NYSE:IDT) has risen 27.70% since March 2, 2016 and is uptrending. It has outperformed by 19.44% the S&P500.
IDT Corporation is a holding company with activities primarily in the telecommunications and payment industries. The company has a market cap of $391.46 million. The Firm operates through divisions, including Telecom Platform Services, Consumer Phone Services and All Other. It has a 16.42 P/E ratio. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.
Insitutional Activity: The institutional sentiment increased to 1.5 in 2016 Q2. Its up 0.43, from 1.07 in 2016Q1. The ratio increased, as 6 funds sold all IDT Corporation shares owned while 26 reduced positions. 16 funds bought stakes while 32 increased positions. They now own 12.31 million shares or 0.73% more from 12.22 million shares in 2016Q1.
Fuller & Thaler Asset has 4,900 shares for 0% of their US portfolio. First Manhattan reported 66 shares or 0% of all its holdings. Credit Suisse Ag holds 0% of its portfolio in IDT Corporation (NYSE:IDT) for 28,303 shares. The New Jersey-based Blackrock Investment Lc has invested 0% in IDT Corporation (NYSE:IDT). Teachers Advsr holds 0% of its portfolio in IDT Corporation (NYSE:IDT) for 46,239 shares. Teacher Retirement System Of Texas has invested 0% of its portfolio in IDT Corporation (NYSE:IDT). Spark Investment Mngmt Ltd Liability accumulated 0.07% or 49,800 shares. Fmr Ltd Liability Corporation, a Massachusetts-based fund reported 126,430 shares. Strs Ohio owns 46,300 shares or 0% of their US portfolio. Swiss Savings Bank last reported 28,700 shares in the company. Deere Com last reported 0.01% of its portfolio in the stock. Creative Planning last reported 0% of its portfolio in the stock. Blackrock Gru last reported 0% of its portfolio in the stock. The Massachusetts-based Panagora Asset Management Inc has invested 0.01% in IDT Corporation (NYSE:IDT). Springbok Capital Lc accumulated 11,900 shares or 0.02% of the stock.
Insider Transactions: Since April 8, 2016, the stock had 0 insider buys, and 2 selling transactions for $275,746 net activity. JONAS HOWARD S sold $240,570 worth of stock. 1,270 IDT Corporation (NYSE:IDT) shares with value of $19,501 were sold by MASON JOYCE J. On Tuesday, June 14 the insider COSENTINO ERIC F. sold $35,176.
More notable recent IDT Corporation (NYSE:IDT) news were published by: Prnewswire.com which released: “IDT Corporation to Report Fourth Quarter and Full Fiscal Year 2016 Results” on September 15, 2016, also Marketwatch.com with their article: “IDT Corp. Cl B” published on October 08, 2010, Prnewswire.com published: “IDT Corporation Reports Fourth Quarter and Full Year Fiscal 2016 Results” on September 28, 2016. More interesting news about IDT Corporation (NYSE:IDT) were released by: Seekingalpha.com and their article: “IDT Corporation’s (IDT) CEO Shmuel Jonas on Q3 2016 Results – Earnings Call …” published on June 02, 2016 as well as Seekingalpha.com‘s news article titled: “IDT Corporation: Upcoming Spinoff To Unlock Hidden Sum Of The Parts Value” with publication date: November 25, 2015.
IDT Company Profile
IDT Corporation, incorporated on December 22, 1995, is a holding firm with activities primarily in the telecommunications and payment industries. The Firm operates through divisions, including Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination. The Company’s Consumer Phone Services segment provides consumer local and long distance services in certain states of the United States. The Telecom Platform Services and Consumer Phone Services divisions consist of the Company’s IDT Telecom division. The Company’s All Other segment includes Zedge Holdings, Inc. (Zedge). The All Other segment also includes its real estate holdings and other, smaller, businesses.
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