Caldwell Investment Management Ltd. Makes New $1.25 Million Investment in Acadian Asset Management Inc. $AAMI

Caldwell Investment Management Ltd. acquired a new position in shares of Acadian Asset Management Inc. (NYSE:AAMI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,500 shares of the company’s stock, valued at approximately $1,251,000. Acadian Asset Management comprises about 0.8% of Caldwell Investment Management Ltd.’s investment portfolio, making the stock its 16th largest holding.

Several other hedge funds have also recently added to or reduced their stakes in AAMI. JPMorgan Chase & Co. bought a new position in Acadian Asset Management during the second quarter worth $6,964,000. American Century Companies Inc. bought a new stake in Acadian Asset Management in the 2nd quarter valued at $1,773,000. Russell Investments Group Ltd. acquired a new stake in Acadian Asset Management in the 2nd quarter worth $97,000. New York State Common Retirement Fund acquired a new stake in Acadian Asset Management in the 2nd quarter worth $299,000. Finally, Quantbot Technologies LP bought a new position in Acadian Asset Management during the second quarter valued at about $436,000. Institutional investors own 98.69% of the company’s stock.

Wall Street Analysts Forecast Growth

AAMI has been the topic of a number of analyst reports. Morgan Stanley set a $81.00 target price on shares of Acadian Asset Management in a research note on Wednesday, July 29th. Royal Bank Of Canada raised their target price on Acadian Asset Management from $72.00 to $80.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. Evercore set a $84.00 price objective on shares of Acadian Asset Management in a research report on Friday, July 10th. Weiss Ratings reissued a “buy (b-)” rating on shares of Acadian Asset Management in a report on Friday, August 7th. Finally, Zacks Research raised Acadian Asset Management from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Acadian Asset Management presently has a consensus rating of “Moderate Buy” and an average price target of $81.67.

Acadian Asset Management Price Performance

AAMI opened at $92.14 on Friday. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 32.56 and a beta of 1.30. The business’s 50-day moving average price is $82.43 and its two-hundred day moving average price is $68.65. Acadian Asset Management Inc. has a 1 year low of $41.47 and a 1 year high of $93.82.

Acadian Asset Management (NYSE:AAMI) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.30. Acadian Asset Management had a net margin of 15.17% and a return on equity of 189.32%. The company had revenue of $183.20 million for the quarter. Sell-side analysts anticipate that Acadian Asset Management Inc. will post 5.07 earnings per share for the current fiscal year.

Acadian Asset Management Dividend Announcement

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

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.