GSA Capital Partners LLP Purchases New Holdings in Acadian Asset Management Inc. $AAMI

GSA Capital Partners LLP bought a new stake in Acadian Asset Management Inc. (NYSE:AAMI) in the 2nd quarter, Holdings Channel.com reports. The fund bought 14,520 shares of the company’s stock, valued at approximately $1,038,000.

Several other large investors have also bought and sold shares of AAMI. Jacobs Levy Equity Management Inc. bought a new position in shares of Acadian Asset Management in the 3rd quarter worth $20,059,000. Boston Trust Walden Corp acquired a new position in Acadian Asset Management in the first quarter valued at about $15,325,000. Soros Fund Management LLC boosted its holdings in Acadian Asset Management by 61.3% during the fourth quarter. Soros Fund Management LLC now owns 737,367 shares of the company’s stock worth $34,656,000 after buying an additional 280,239 shares during the last quarter. Amundi bought a new position in Acadian Asset Management during the third quarter worth about $11,361,000. Finally, Invesco Ltd. acquired a new position in shares of Acadian Asset Management during the 2nd quarter worth about $8,608,000. 98.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AAMI shares. Evercore set a $84.00 price target on Acadian Asset Management in a research note on Friday, July 10th. Royal Bank Of Canada upped their target price on shares of Acadian Asset Management from $72.00 to $80.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. Zacks Research upgraded shares of Acadian Asset Management from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Wall Street Zen raised shares of Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Acadian Asset Management in a report on Friday, August 7th. One research 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 company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.67.

Acadian Asset Management Price Performance

NYSE:AAMI opened at $92.76 on Tuesday. Acadian Asset Management Inc. has a fifty-two week low of $41.47 and a fifty-two week high of $93.82. The stock has a market capitalization of $3.29 billion, a PE ratio of 32.78 and a beta of 1.30. The business’s 50-day simple moving average is $81.31 and its 200-day simple moving average is $67.72.

Acadian Asset Management (NYSE:AAMI) last posted its earnings results on Thursday, July 30th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.30. Acadian Asset Management had a return on equity of 189.32% and a net margin of 15.17%.The business had revenue of $183.20 million during the quarter. On average, research analysts expect that Acadian Asset Management Inc. will post 5.07 earnings per share for the current year.

Acadian Asset Management Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. Acadian Asset Management’s dividend payout ratio is currently 14.13%.

About Acadian Asset Management

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.