Sculptor Capital Management (NYSE:SCU) Downgraded by ValuEngine to Sell

ValuEngine lowered shares of Sculptor Capital Management (NYSE:SCU) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning, ValuEngine reports.

Separately, Zacks Investment Research upgraded Sculptor Capital Management from a hold rating to a strong-buy rating and set a $20.00 price target for the company in a report on Wednesday, October 9th.

Shares of NYSE:SCU traded down $0.38 during trading hours on Wednesday, hitting $15.64. 78,227 shares of the company’s stock traded hands, compared to its average volume of 176,962. The company has a debt-to-equity ratio of 3.08, a current ratio of 2.26 and a quick ratio of 2.26. The firm has a market capitalization of $799.83 million, a PE ratio of 12.92 and a beta of 1.08. Sculptor Capital Management has a 1 year low of $8.60 and a 1 year high of $25.49.

Sculptor Capital Management (NYSE:SCU) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.26. The firm had revenue of $97.44 million during the quarter, compared to analyst estimates of $77.45 million. Sculptor Capital Management had a positive return on equity of 115.16% and a negative net margin of 6.34%. Equities research analysts expect that Sculptor Capital Management will post 2.13 EPS for the current fiscal year.

In related news, insider David Michael Levine sold 2,801 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $22.14, for a total value of $62,014.14. 60.59% of the stock is currently owned by insiders.

A hedge fund recently bought a new stake in Sculptor Capital Management stock. Nisa Investment Advisors LLC purchased a new stake in Sculptor Capital Management (NYSE:SCU) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,900 shares of the company’s stock, valued at approximately $173,000. Hedge funds and other institutional investors own 18.36% of the company’s stock.

Sculptor Capital Management Company Profile

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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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