Sculptor Capital Management, Inc. is a publicly owned hedge fund sponsor. The firm provides investment advisory services to its clients. It primarily caters to institutional investors, which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices. The firm also manages separate client-focused equity, fixed income, and real estate separate accounts. It also manages commingled funds and specialized products. The firm invests in equity, fixed income and real estate markets across the world. It employs quantitative and qualitative analysis to make its investments through a combination of fundamental bottom-up research, a high degree of flexibility, and integrated risk management. For its multi-strategy portfolios, the firm employs strategies like convertible and derivative arbitrage, corporate credit, long/short equity special situations, buyout investments, merger arbitrage, private investments, and structured credit. It also invests in real estate and traditional real estate assets including multifamily, office, hotel and retail, loans, portfolio acquisitions, loan pools, operating companies, structured debt products, public securities, and non-traditional real estate assets including gaming, distressed land and residential, cell towers, parking, golf, debt and senior housing. For private equity investments, it considers investments in a variety of special situations that seek to realize value through strategic sales or initial public offerings. The firm was previously known as Och-Ziff Capital Management Group Inc. Sculptor Capital Management, Inc. was founded in 1994 and is based New York, New York.
Sculptor Capital Management Trading Up 3.6 %
NYSE:SCU opened at $9.43 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.10 and a current ratio of 2.10. The stock's 50 day simple moving average is $9.17 and its 200-day simple moving average is $11.66. Sculptor Capital Management has a 1-year low of $7.90 and a 1-year high of $28.90.
Sculptor Capital Management Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 22nd. Stockholders of record on Monday, August 15th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.51%. This is a boost from Sculptor Capital Management's previous quarterly dividend of $0.11. The ex-dividend date is Friday, August 12th. Sculptor Capital Management's dividend payout ratio is -24.76%.
Insider Buying and Selling
In related news, major shareholder Sculptor Capital Management, I sold 6,000 shares of the stock in a transaction that occurred on Thursday, July 7th. The stock was sold at an average price of $6.86, for a total value of $41,160.00. Following the completion of the sale, the insider now owns 62,985 shares of the company's stock, valued at $432,077.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 131,240 shares of company stock worth $1,153,718. 27.23% of the stock is owned by insiders.