Associated Capital Group, Inc. (NYSE:AC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.14 and traded as low as $34.90. Associated Capital Group shares last traded at $35.85, with a volume of 4,600 shares.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Associated Capital Group from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th.
Check Out Our Latest Stock Report on Associated Capital Group
Associated Capital Group Stock Performance
The business has a 50 day simple moving average of $35.46 and a two-hundred day simple moving average of $36.00. The firm has a market capitalization of $729.53 million, a P/E ratio of 16.66 and a beta of 0.61.
Associated Capital Group (NYSE:AC - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.20 EPS for the quarter. Associated Capital Group had a net margin of 336.45% and a return on equity of 4.88%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in shares of Associated Capital Group by 11,616.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 703 shares of the financial services provider's stock valued at $25,000 after buying an additional 697 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Associated Capital Group during the fourth quarter worth about $149,000. Northern Trust Corp grew its position in shares of Associated Capital Group by 17.6% during the fourth quarter. Northern Trust Corp now owns 18,375 shares of the financial services provider's stock worth $630,000 after purchasing an additional 2,755 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Associated Capital Group by 28.4% in the 3rd quarter. Geode Capital Management LLC now owns 21,914 shares of the financial services provider's stock worth $776,000 after purchasing an additional 4,841 shares in the last quarter. Finally, OFI Invest Asset Management purchased a new position in Associated Capital Group in the 4th quarter worth approximately $1,092,000. 8.14% of the stock is currently owned by institutional investors.
Associated Capital Group Company Profile
(
Get Free Report)
Associated Capital Group, Inc, together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.
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