GSA Capital Partners LLP Makes New Investment in Acadian Asset Management Inc. $AAMI

GSA Capital Partners LLP purchased a new stake in Acadian Asset Management Inc. (NYSE:AAMI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,520 shares of the company’s stock, valued at approximately $1,038,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Jennison Associates LLC grew its stake in Acadian Asset Management by 5.9% in the 1st quarter. Jennison Associates LLC now owns 2,022,207 shares of the company’s stock valued at $110,049,000 after buying an additional 112,985 shares during the last quarter. State Street Corp lifted its position in Acadian Asset Management by 0.5% during the 4th quarter. State Street Corp now owns 1,206,244 shares of the company’s stock worth $56,693,000 after acquiring an additional 5,541 shares during the last quarter. Impax Asset Management Group plc lifted its position in Acadian Asset Management by 10.4% during the 4th quarter. Impax Asset Management Group plc now owns 845,451 shares of the company’s stock worth $39,736,000 after acquiring an additional 79,967 shares during the last quarter. Soros Fund Management LLC boosted its holdings in Acadian Asset Management by 61.3% during the fourth quarter. Soros Fund Management LLC now owns 737,367 shares of the company’s stock valued at $34,656,000 after acquiring an additional 280,239 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Acadian Asset Management by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 685,272 shares of the company’s stock valued at $32,212,000 after acquiring an additional 29,082 shares during the period. 98.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AAMI shares. Evercore set a $84.00 price objective on Acadian Asset Management in a research note on Friday, July 10th. Morgan Stanley set a $81.00 target price on Acadian Asset Management in a research note on Wednesday, July 29th. Wall Street Zen raised Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Royal Bank Of Canada upped their price target on Acadian Asset Management from $72.00 to $80.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Acadian Asset Management in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.67.

Acadian Asset Management Stock Up 0.3%

AAMI stock opened at $92.76 on Tuesday. Acadian Asset Management Inc. has a twelve month low of $41.47 and a twelve month high of $93.82. The company has a market cap of $3.29 billion, a PE ratio of 32.78 and a beta of 1.30. The business’s 50-day simple moving average is $81.31 and its 200 day simple moving average is $67.72.

Acadian Asset Management (NYSE:AAMI) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.03 by $0.30. Acadian Asset Management had a return on equity of 189.32% and a net margin of 15.17%.The firm had revenue of $183.20 million during the quarter. On average, equities research analysts anticipate that Acadian Asset Management Inc. will post 5.07 EPS for the current year.

Acadian Asset Management Dividend Announcement

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

About Acadian Asset Management

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.