Tudor Investment Corp ET AL Acquires 67,385 Shares of Acadian Asset Management Inc. $AAMI

Tudor Investment Corp ET AL raised its stake in shares of Acadian Asset Management Inc. (NYSE:AAMI) by 42.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,579 shares of the company’s stock after buying an additional 67,385 shares during the period. Tudor Investment Corp ET AL’s holdings in Acadian Asset Management were worth $10,864,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Illinois Municipal Retirement Fund boosted its stake in shares of Acadian Asset Management by 5.4% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 15,435 shares of the company’s stock worth $743,000 after acquiring an additional 794 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Acadian Asset Management during the 2nd quarter valued at about $31,000. Lido Advisors LLC raised its stake in shares of Acadian Asset Management by 12.8% in the 3rd quarter. Lido Advisors LLC now owns 8,624 shares of the company’s stock valued at $415,000 after acquiring an additional 976 shares in the last quarter. Linden Thomas Advisory Services LLC raised its stake in shares of Acadian Asset Management by 4.4% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 29,066 shares of the company’s stock valued at $1,400,000 after acquiring an additional 1,222 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Acadian Asset Management in the 2nd quarter worth approximately $61,000. Institutional investors and hedge funds own 98.69% of the company’s stock.

Insider Activity

In related news, Director Barbara Trebbi sold 9,691 shares of Acadian Asset Management stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $51.22, for a total transaction of $496,373.02. Following the sale, the director directly owned 35,771 shares of the company’s stock, valued at $1,832,190.62. This trade represents a 21.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert J. Chersi sold 28,753 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $51.30, for a total value of $1,475,028.90. Following the transaction, the director owned 37,384 shares in the company, valued at $1,917,799.20. This represents a 43.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 26.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on AAMI. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Acadian Asset Management in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Acadian Asset Management from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Royal Bank Of Canada upped their price objective on shares of Acadian Asset Management from $52.00 to $54.00 and gave the stock a “sector perform” rating in a report on Friday, February 6th. Finally, Morgan Stanley raised their target price on shares of Acadian Asset Management from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $52.00.

Acadian Asset Management Stock Down 2.4%

Shares of NYSE:AAMI opened at $50.81 on Monday. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 22.99 and a beta of 1.32. The business has a 50 day moving average price of $53.00 and a 200 day moving average price of $48.90. 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) last issued its quarterly earnings results on Thursday, February 5th. The company reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). Acadian Asset Management had a return on equity of 165.86% and a net margin of 14.19%.The business had revenue of $169.70 million for the quarter. Analysts anticipate that Acadian Asset Management Inc. will post 2.78 EPS for the current year.

Acadian Asset Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, March 13th. This is a positive change from Acadian Asset Management’s previous quarterly dividend of $0.01. Acadian Asset Management’s payout ratio is presently 18.10%.

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.