GCM Grosvenor (NASDAQ:GCMG) Cut to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded GCM Grosvenor from "buy" to "hold," and other analysts (Oppenheimer, Piper Sandler) have trimmed price targets; the consensus remains a "Moderate Buy" with an average target of $15.00.
• The stock trades around $10.94 (50‑day SMA $10.60, 200‑day SMA $11.10) with a market cap of $2.22 billion and a P/E of about 29.6, sitting near its 12‑month low of $9.30.
• Institutional ownership is 99.95% with several large funds (RBC, AQR, Millennium, JPMorgan) adding shares, and the company recently reported an EPS beat of $0.31 versus $0.24 and revenue above estimates.

GCM Grosvenor (NASDAQ:GCMG - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Saturday.

A number of other equities analysts also recently issued reports on the company. Oppenheimer decreased their price objective on GCM Grosvenor from $24.00 to $17.00 and set an "outperform" rating for the company in a report on Monday, April 13th. Piper Sandler decreased their price objective on GCM Grosvenor from $14.50 to $13.00 and set an "overweight" rating for the company in a report on Tuesday, April 7th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of GCM Grosvenor in a report on Friday, April 10th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $15.00.

GCM Grosvenor Price Performance

GCMG opened at $10.94 on Friday. The stock has a fifty day simple moving average of $10.60 and a two-hundred day simple moving average of $11.10. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 3.36. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 29.57 and a beta of 0.88. GCM Grosvenor has a 12-month low of $9.30 and a 12-month high of $13.22.

GCM Grosvenor (NASDAQ:GCMG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.07. The business had revenue of $177.10 million during the quarter, compared to the consensus estimate of $160.20 million. GCM Grosvenor had a return on equity of 2,505.59% and a net margin of 8.14%. Research analysts predict that GCM Grosvenor will post 0.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On GCM Grosvenor

Several institutional investors and hedge funds have recently modified their holdings of GCMG. Royal Bank of Canada increased its holdings in shares of GCM Grosvenor by 942.2% during the first quarter. Royal Bank of Canada now owns 79,085 shares of the company's stock valued at $1,046,000 after acquiring an additional 71,497 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of GCM Grosvenor by 81.6% during the first quarter. AQR Capital Management LLC now owns 29,403 shares of the company's stock valued at $389,000 after acquiring an additional 13,214 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of GCM Grosvenor by 5.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,654 shares of the company's stock valued at $339,000 after acquiring an additional 1,412 shares in the last quarter. Millennium Management LLC increased its holdings in shares of GCM Grosvenor by 88.9% during the first quarter. Millennium Management LLC now owns 577,977 shares of the company's stock valued at $7,647,000 after acquiring an additional 271,989 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of GCM Grosvenor by 200.5% during the second quarter. JPMorgan Chase & Co. now owns 285,477 shares of the company's stock valued at $3,300,000 after acquiring an additional 190,486 shares in the last quarter. 99.95% of the stock is currently owned by institutional investors.

GCM Grosvenor Company Profile

GCM Grosvenor is a global alternative asset management firm that specializes in customized investment solutions across a range of private markets and hedge fund strategies. The firm partners with institutional clients—including pension funds, endowments, insurers and sovereign wealth funds—to design and implement portfolios that span private equity, infrastructure, real estate, credit and multi‐strategy hedge fund products. Through its multi‐manager platforms and direct co‐investment vehicles, GCM Grosvenor provides diversified access to opportunities that can enhance returns and manage risk in client portfolios.

Founded in 1971 as Grosvenor Capital Management, the firm has built a track record of sourcing, structuring and monitoring alternative investments on behalf of its clients.

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