Dimensional Fund Advisors LP bought a new position in Associated Capital Group Inc (NYSE:AC) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 9,198 shares of the financial services provider’s stock, valued at approximately $313,000.

Other institutional investors have also bought and sold shares of the company. Northern Trust Corp grew its holdings in Associated Capital Group by 12.5% during the 2nd quarter. Northern Trust Corp now owns 80,660 shares of the financial services provider’s stock valued at $2,743,000 after purchasing an additional 8,959 shares during the last quarter. Rice Hall James & Associates LLC boosted its position in Associated Capital Group by 25.3% in the 2nd quarter. Rice Hall James & Associates LLC now owns 78,300 shares of the financial services provider’s stock valued at $2,662,000 after buying an additional 15,793 shares during the period. Bank of New York Mellon Corp boosted its position in Associated Capital Group by 2.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 45,129 shares of the financial services provider’s stock valued at $1,535,000 after buying an additional 878 shares during the period. River Road Asset Management LLC purchased a new stake in Associated Capital Group in the 2nd quarter valued at about $945,000. Finally, TIAA CREF Investment Management LLC boosted its position in Associated Capital Group by 6.0% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 14,129 shares of the financial services provider’s stock valued at $480,000 after buying an additional 799 shares during the period. Hedge funds and other institutional investors own 13.87% of the company’s stock.

Separately, Canaccord Genuity reissued a “buy” rating and issued a $27.00 price objective on shares of Associated Capital Group in a research report on Tuesday, September 19th.

Shares of Associated Capital Group Inc (NYSE AC) opened at $33.55 on Thursday. Associated Capital Group Inc has a 52-week low of $32.20 and a 52-week high of $39.35. The firm has a market cap of $798.69, a P/E ratio of 73.26 and a beta of 0.83.

The firm also recently declared a None dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Wednesday, December 27th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 26th. This represents a dividend yield of 0.58%. Associated Capital Group’s payout ratio is presently -133.32%.

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Associated Capital Group Company Profile

Associated Capital Group, Inc is a parent operating company for the spin-off of GAMCO Investors, Inc’s (GAMCO’s) alternative investment management business, institutional research services operations and certain cash and other assets. The Company, through its subsidiaries, provides alternative investment management services and institutional research services, as well as management of its investment portfolio.

Institutional Ownership by Quarter for Associated Capital Group (NYSE:AC)

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