Atento SA (NYSE:ATTO) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.
ATTO has been the topic of a number of other research reports. Zacks Investment Research upgraded Atento SA from a “sell” rating to a “hold” rating in a report on Monday, April 24th. Barrington Research initiated coverage on Atento SA in a report on Monday, April 24th. They issued an “outperform” rating and a $14.00 price objective on the stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantum Capital Management increased its position in Atento SA by 46.4% in the first quarter. Quantum Capital Management now owns 16,733 shares of the business services provider’s stock worth $153,000 after buying an additional 5,300 shares during the last quarter. Royce & Associates LP increased its position in Atento SA by 2.8% in the fourth quarter. Royce & Associates LP now owns 691,625 shares of the business services provider’s stock worth $5,256,000 after buying an additional 18,900 shares during the last quarter. BlackRock Inc. acquired a new position in Atento SA during the third quarter worth approximately $267,000. Newfoundland Capital Management acquired a new position in Atento SA during the fourth quarter worth approximately $5,263,000. Finally, Nationwide Fund Advisors increased its position in Atento SA by 9,883.2% in the first quarter. Nationwide Fund Advisors now owns 428,280 shares of the business services provider’s stock worth $3,919,000 after buying an additional 423,990 shares during the last quarter. Institutional investors and hedge funds own 95.75% of the company’s stock. About Atento SA
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