WINTON GROUP Ltd lifted its holdings in Acadian Asset Management Inc. (NYSE:AAMI – Free Report) by 328.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,057 shares of the company’s stock after acquiring an additional 19,206 shares during the quarter. WINTON GROUP Ltd’s holdings in Acadian Asset Management were worth $1,207,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Paulson & CO. Inc. acquired a new stake in shares of Acadian Asset Management in the second quarter valued at about $315,402,000. Impax Asset Management Group plc purchased a new stake in Acadian Asset Management during the 2nd quarter valued at about $35,240,000. Geode Capital Management LLC acquired a new stake in Acadian Asset Management in the 2nd quarter valued at about $22,116,000. Arrowstreet Capital Limited Partnership acquired a new stake in Acadian Asset Management in the 2nd quarter valued at about $21,531,000. Finally, Soros Fund Management LLC purchased a new stake in Acadian Asset Management in the 2nd quarter valued at $14,645,000. 98.69% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Acadian Asset Management
In other news, Director Barbara Trebbi sold 9,691 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $51.22, for a total value of $496,373.02. Following the transaction, the director directly owned 35,771 shares in the company, valued at approximately $1,832,190.62. This represents a 21.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Chersi sold 28,753 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $51.30, for a total transaction of $1,475,028.90. Following the transaction, the director directly owned 37,384 shares of the company’s stock, valued at $1,917,799.20. The trade was a 43.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 26.00% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on AAMI
Acadian Asset Management Trading Down 1.7%
NYSE AAMI opened at $50.70 on Thursday. The stock has a fifty day simple moving average of $52.76 and a 200-day simple moving average of $48.90. The stock has a market cap of $1.81 billion, a PE ratio of 22.94 and a beta of 1.32. Acadian Asset Management Inc. has a twelve month low of $22.60 and a twelve month high of $57.03.
Acadian Asset Management (NYSE:AAMI – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.06). The company had revenue of $169.70 million during the quarter. Acadian Asset Management had a net margin of 14.19% and a return on equity of 165.86%. Research analysts predict that Acadian Asset Management Inc. will post 2.78 EPS for the current year.
Acadian Asset Management Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a $0.10 dividend. This is a positive change from Acadian Asset Management’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. Acadian Asset Management’s payout ratio is presently 1.81%.
Acadian Asset Management Company Profile
Acadian Asset Management is a global investment management firm specializing in quantitative research and systematic strategies. Since its founding in 1986, the firm has developed data-driven models designed to identify and capture investment opportunities across equity and fixed income markets. By integrating advanced analytics, proprietary risk management tools and a disciplined investment process, Acadian seeks to deliver consistent performance for institutional clients.
The firm’s core offerings include institutional equity portfolios, fixed income strategies and multi-asset solutions.
Read More
- Five stocks we like better than Acadian Asset Management
- “This AI Giant is About to Go Bust”
- Is Trump Done? Shocking leak…
- The gold chart Wall Street is terrified of…
- I tried out Elon Musk’s new AI tech — it floored me
- What a Former CIA Agent Knows About the Coming Collapse
Want to see what other hedge funds are holding AAMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Acadian Asset Management Inc. (NYSE:AAMI – Free Report).
Receive News & Ratings for Acadian Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadian Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.
