Neo Ivy Capital Management Has $2.72 Million Position in GCM Grosvenor Inc. $GCMG

Neo Ivy Capital Management increased its position in shares of GCM Grosvenor Inc. (NASDAQ:GCMG) by 273.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,598 shares of the company’s stock after buying an additional 165,195 shares during the quarter. Neo Ivy Capital Management owned 0.12% of GCM Grosvenor worth $2,723,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of GCM Grosvenor by 26.1% during the 3rd quarter. Barclays PLC now owns 195,822 shares of the company’s stock worth $2,364,000 after purchasing an additional 40,489 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of GCM Grosvenor by 10.8% in the third quarter. Dimensional Fund Advisors LP now owns 584,388 shares of the company’s stock valued at $7,054,000 after purchasing an additional 57,152 shares in the last quarter. Victory Capital Management Inc. lifted its position in GCM Grosvenor by 3,351.9% in the third quarter. Victory Capital Management Inc. now owns 326,278 shares of the company’s stock worth $3,938,000 after purchasing an additional 316,826 shares during the period. Quantbot Technologies LP boosted its stake in GCM Grosvenor by 62.7% during the third quarter. Quantbot Technologies LP now owns 82,772 shares of the company’s stock worth $999,000 after buying an additional 31,901 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in GCM Grosvenor during the third quarter worth $175,000. Institutional investors and hedge funds own 99.95% of the company’s stock.

GCM Grosvenor Trading Down 4.1%

GCMG opened at $11.27 on Friday. GCM Grosvenor Inc. has a 1-year low of $9.86 and a 1-year high of $13.55. The stock has a market capitalization of $2.28 billion, a PE ratio of 30.46 and a beta of 0.80. 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 firm has a 50-day moving average price of $11.43 and a two-hundred day moving average price of $11.72.

GCM Grosvenor (NASDAQ:GCMG) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.24 by $0.07. GCM Grosvenor had a net margin of 8.14% and a return on equity of 2,505.59%. The business had revenue of $177.10 million for the quarter, compared to analysts’ expectations of $160.20 million. As a group, equities analysts anticipate that GCM Grosvenor Inc. will post 0.64 earnings per share for the current fiscal year.

GCM Grosvenor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.12 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.3%. GCM Grosvenor’s payout ratio is presently 129.73%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of GCM Grosvenor from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Weiss Ratings lowered shares of GCM Grosvenor from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $24.00 price objective on shares of GCM Grosvenor in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $19.00.

Insider Activity

In related news, CFO Pamela L. Bentley sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $11.61, for a total value of $464,400.00. Following the transaction, the chief financial officer owned 43,309 shares in the company, valued at $502,817.49. This trade represents a 48.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 76.40% of the stock is owned by company insiders.

About GCM Grosvenor

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.