Acadian Asset Management Inc. $AAMI Shares Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its position in shares of Acadian Asset Management Inc. (NYSE:AAMI) by 70.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,931 shares of the company’s stock after purchasing an additional 9,480 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Acadian Asset Management were worth $1,248,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Lido Advisors LLC boosted its stake in shares of Acadian Asset Management by 3.5% in the fourth quarter. Lido Advisors LLC now owns 8,922 shares of the company’s stock valued at $427,000 after purchasing an additional 298 shares during the period. Susquehanna Fundamental Investments LLC increased its stake in Acadian Asset Management by 3.2% during the 4th quarter. Susquehanna Fundamental Investments LLC now owns 14,508 shares of the company’s stock worth $682,000 after buying an additional 450 shares during the period. Polymer Capital Management US LLC lifted its holdings in Acadian Asset Management by 6.2% in the 4th quarter. Polymer Capital Management US LLC now owns 7,871 shares of the company’s stock worth $370,000 after buying an additional 459 shares in the last quarter. State of Wyoming boosted its position in Acadian Asset Management by 5.8% in the 4th quarter. State of Wyoming now owns 9,274 shares of the company’s stock valued at $436,000 after buying an additional 511 shares during the last quarter. Finally, Transamerica Financial Advisors LLC boosted its position in Acadian Asset Management by 380.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 802 shares of the company’s stock valued at $38,000 after buying an additional 635 shares during the last quarter. 98.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AAMI has been the topic of a number of analyst reports. Zacks Research raised Acadian Asset Management from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings downgraded Acadian Asset Management from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Royal Bank Of Canada raised their price objective on Acadian Asset Management from $66.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, July 2nd. Evercore set a $84.00 price objective on Acadian Asset Management in a report on Friday. Finally, Wall Street Zen raised Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $78.00.

Acadian Asset Management Stock Performance

Shares of AAMI stock traded up $1.15 during trading hours on Friday, hitting $81.53. 419,605 shares of the company were exchanged, compared to its average volume of 628,463. Acadian Asset Management Inc. has a one year low of $38.38 and a one year high of $85.73. The business’s 50-day simple moving average is $73.57 and its two-hundred day simple moving average is $61.22. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 34.69 and a beta of 1.32.

Acadian Asset Management (NYSE:AAMI) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.11. The firm had revenue of $165.00 million during the quarter. Acadian Asset Management had a return on equity of 185.73% and a net margin of 13.78%. As a group, analysts anticipate that Acadian Asset Management Inc. will post 5.11 EPS for the current fiscal year.

Acadian Asset Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a $0.10 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. Acadian Asset Management’s dividend payout ratio (DPR) is presently 17.02%.

Insider Activity at Acadian Asset Management

In other news, CAO Richard Jonathan Hart sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $66.97, for a total value of $6,697,000.00. Following the completion of the sale, the chief accounting officer directly owned 73,863 shares in the company, valued at approximately $4,946,605.11. The trade was a 57.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 22.60% of the company’s stock.

Acadian Asset Management Profile

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.