Acadian Asset Management Inc. (NYSE:AAMI - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $37.80 and last traded at $37.72, with a volume of 12301 shares traded. The stock had previously closed at $37.58.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Morgan Stanley raised their price target on Acadian Asset Management from $27.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 2nd. Royal Bank Of Canada boosted their target price on Acadian Asset Management from $29.00 to $34.00 and gave the company a "sector perform" rating in a research note on Thursday. Finally, Evercore ISI cut their target price on Acadian Asset Management from $25.00 to $23.00 and set an "in-line" rating on the stock in a research note on Friday, April 11th.
View Our Latest Stock Report on Acadian Asset Management
Acadian Asset Management Trading Up 3.2%
The stock has a market cap of $1.40 billion, a PE ratio of 16.21 and a beta of 1.36. The stock's 50 day moving average is $31.60.
Acadian Asset Management (NYSE:AAMI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.54. Acadian Asset Management had a return on equity of 299.86% and a net margin of 17.41%. As a group, research analysts forecast that Acadian Asset Management Inc. will post 2.78 earnings per share for the current year.
Acadian Asset Management Dividend Announcement
The company also recently disclosed a dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 16th were issued a $0.01 dividend. This represents a yield of 0.13%. The ex-dividend date was Friday, June 13th. Acadian Asset Management's dividend payout ratio is 1.66%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Acadian Asset Management stock. Exchange Traded Concepts LLC acquired a new stake in Acadian Asset Management Inc. (NYSE:AAMI - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 53,397 shares of the company's stock, valued at approximately $1,882,000. Exchange Traded Concepts LLC owned approximately 0.15% of Acadian Asset Management at the end of the most recent reporting period. 98.69% of the stock is owned by institutional investors and hedge funds.
About Acadian Asset Management
(
Get Free Report)
Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.
Featured Stories
Before you consider Acadian Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acadian Asset Management wasn't on the list.
While Acadian Asset Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
