Acadian Asset Management Inc. $AAMI Shares Bought by Sei Investments Co.

Sei Investments Co. grew its position in shares of Acadian Asset Management Inc. (NYSE:AAMI) by 58.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 26,930 shares of the company’s stock after buying an additional 9,937 shares during the quarter. Sei Investments Co.’s holdings in Acadian Asset Management were worth $1,466,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in AAMI. Lido Advisors LLC lifted its holdings in shares of Acadian Asset Management by 3.5% in the 4th quarter. Lido Advisors LLC now owns 8,922 shares of the company’s stock valued at $427,000 after purchasing an additional 298 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Acadian Asset Management by 12.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,009 shares of the company’s stock worth $164,000 after buying an additional 334 shares during the last quarter. ANB Bank grew its stake in Acadian Asset Management by 5.0% during the 1st quarter. ANB Bank now owns 8,588 shares of the company’s stock worth $467,000 after buying an additional 410 shares during the last quarter. Susquehanna Fundamental Investments LLC increased its position in Acadian Asset Management by 3.2% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 14,508 shares of the company’s stock worth $682,000 after buying an additional 450 shares during the period. Finally, Polymer Capital Management US LLC increased its position in Acadian Asset Management by 6.2% during the fourth quarter. Polymer Capital Management US LLC now owns 7,871 shares of the company’s stock worth $370,000 after buying an additional 459 shares during the period. Institutional investors and hedge funds own 98.69% of the company’s stock.

Acadian Asset Management Trading Up 1.0%

Shares of Acadian Asset Management stock opened at $90.76 on Tuesday. The company has a 50-day moving average of $79.50 and a two-hundred day moving average of $66.41. Acadian Asset Management Inc. has a 12-month low of $41.47 and a 12-month high of $93.61. The stock has a market cap of $3.22 billion, a PE ratio of 32.07 and a beta of 1.30.

Acadian Asset Management (NYSE:AAMI) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.03 by $0.30. The business had revenue of $183.20 million for the quarter. Acadian Asset Management had a return on equity of 189.32% and a net margin of 15.17%. On average, sell-side analysts forecast that Acadian Asset Management Inc. will post 5.07 EPS for the current fiscal year.

Acadian Asset Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.40 annualized dividend and a yield of 0.4%. Acadian Asset Management’s payout ratio is currently 14.13%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on AAMI shares. Royal Bank Of Canada increased their price objective on Acadian Asset Management from $72.00 to $80.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. Morgan Stanley set a $81.00 target price on shares of Acadian Asset Management in a report on Wednesday, July 29th. Zacks Research upgraded shares of Acadian Asset Management from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Acadian Asset Management in a research note on Friday. Finally, Wall Street Zen raised shares of Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Acadian Asset Management presently has an average rating of “Moderate Buy” and an average target price of $81.67.

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.