State Street Corp Takes Position in Versant Corporation $VSNT

State Street Corp has acquired a new position in Versant Corporation, purchasing 4.75 million shares valued at approximately $171.2 million, which represents a 3.43% stake in the company. Several other institutional investors also initiated positions in Versant. The company recently reported quarterly EPS of $1.49, beating estimates, and declared a quarterly dividend of $0.375, while analyst sentiment remains cautious with a "Hold" average rating.