Acadian Asset Management (NYSE:AAMI) Director Barbara Trebbi Sells 9,691 Shares of Stock

Acadian Asset Management Inc. (NYSE:AAMI) Director Barbara Trebbi sold 9,691 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $1,832,190.62. The trade was a 21.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Acadian Asset Management Stock Up 0.5%

Shares of Acadian Asset Management stock opened at $52.21 on Friday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 23.62 and a beta of 1.31. The business has a fifty day simple moving average of $50.71 and a 200-day simple moving average of $47.76. Acadian Asset Management Inc. has a fifty-two week low of $22.60 and a fifty-two week high of $56.46.

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 the consensus estimate 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 during the quarter. Analysts anticipate that Acadian Asset Management Inc. will post 2.78 earnings per share for the current fiscal year.

Acadian Asset Management Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a $0.10 dividend. This is an increase from Acadian Asset Management’s previous quarterly dividend of $0.01. This represents a $0.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. Acadian Asset Management’s dividend payout ratio is currently 1.81%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. HRT Financial LP boosted its position in Acadian Asset Management by 22.1% during the 4th quarter. HRT Financial LP now owns 32,395 shares of the company’s stock worth $1,522,000 after acquiring an additional 5,874 shares during the period. Renaissance Technologies LLC lifted its position in shares of Acadian Asset Management by 48.8% in the fourth quarter. Renaissance Technologies LLC now owns 98,328 shares of the company’s stock worth $4,621,000 after purchasing an additional 32,228 shares in the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Acadian Asset Management in the fourth quarter worth approximately $287,000. Federated Hermes Inc. boosted its holdings in shares of Acadian Asset Management by 62.9% during the fourth quarter. Federated Hermes Inc. now owns 558,267 shares of the company’s stock worth $26,239,000 after purchasing an additional 215,646 shares during the period. Finally, Swiss National Bank grew its position in Acadian Asset Management by 8.4% during the fourth quarter. Swiss National Bank now owns 56,526 shares of the company’s stock valued at $2,657,000 after purchasing an additional 4,400 shares in the last quarter. 98.69% of the stock is owned by institutional investors and hedge funds.

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.