Kendall Capital Management Invests $2.43 Million in Acadian Asset Management Inc. $AAMI

Key Points

• Kendall Capital Management acquired 33,985 shares of Acadian Asset Management worth approximately $2.43 million, giving it a 0.10% stake. Institutional investors collectively own 98.69% of AAMI’s outstanding shares.
• Analyst sentiment is broadly positive, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $81.67, although AAMI recently opened at $92.14.
• Acadian reported quarterly EPS of $1.33, beating expectations of $1.03, and declared a quarterly dividend of $0.10, equivalent to a 0.4% annualized yield.

Kendall Capital Management acquired a new stake in Acadian Asset Management Inc. (NYSE:AAMI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 33,985 shares of the company's stock, valued at approximately $2,431,000. Kendall Capital Management owned approximately 0.10% of Acadian Asset Management at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lido Advisors LLC increased its holdings in Acadian Asset Management by 3.5% during the 4th quarter. Lido Advisors LLC now owns 8,922 shares of the company's stock worth $427,000 after purchasing an additional 298 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Acadian Asset Management by 12.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,009 shares of the company's stock valued at $164,000 after buying an additional 334 shares during the period. ANB Bank boosted its stake in shares of Acadian Asset Management by 5.0% in the 1st quarter. ANB Bank now owns 8,588 shares of the company's stock valued at $467,000 after buying an additional 410 shares during the period. Susquehanna Fundamental Investments LLC grew its position in shares of Acadian Asset Management by 3.2% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 14,508 shares of the company's stock worth $682,000 after buying an additional 450 shares in the last quarter. Finally, Polymer Capital Management US LLC grew its position in shares of Acadian Asset Management by 6.2% during the fourth quarter. Polymer Capital Management US LLC now owns 7,871 shares of the company's stock worth $370,000 after buying an additional 459 shares in the last quarter. 98.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AAMI has been the topic of several analyst reports. Zacks Research raised shares of Acadian Asset Management from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of Acadian Asset Management from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday. Royal Bank Of Canada increased their price objective on shares of Acadian Asset Management from $72.00 to $80.00 and gave the company a "sector perform" rating in a research report on Friday, July 31st. Wall Street Zen upgraded shares of Acadian Asset Management from a "buy" rating to a "strong-buy" rating in a report on Sunday, May 10th. Finally, Evercore set a $84.00 price objective on shares of Acadian Asset Management in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $81.67.

Acadian Asset Management Stock Performance

Shares of NYSE AAMI opened at $92.14 on Friday. Acadian Asset Management Inc. has a fifty-two week low of $41.47 and a fifty-two week high of $93.82. The firm has a market capitalization of $3.27 billion, a PE ratio of 32.56 and a beta of 1.30. The stock's 50-day simple moving average is $82.43 and its 200-day simple moving average is $68.65.

Acadian Asset Management (NYSE:AAMI - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $183.20 million during the quarter. Acadian Asset Management had a return on equity of 189.32% and a net margin of 15.17%. On average, sell-side analysts forecast that Acadian Asset Management Inc. will post 5.07 earnings per share for the current fiscal year.

Acadian Asset Management Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, September 11th. Acadian Asset Management's dividend payout ratio (DPR) is 14.13%.

Acadian Asset Management 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.

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