Associated Capital Group (NYSE:AC) Raised to “Hold” at ValuEngine
Separately, TheStreet raised Associated Capital Group from a c rating to a b rating in a report on Friday, February 28th.
AC stock opened at $28.25 on Monday. The company has a market capitalization of $637.04 million, a P/E ratio of 16.42 and a beta of 0.96. Associated Capital Group has a twelve month low of $25.57 and a twelve month high of $65.46. The business has a 50 day simple moving average of $38.74 and a 200-day simple moving average of $38.89.
A number of institutional investors have recently added to or reduced their stakes in AC. State Street Corp increased its position in Associated Capital Group by 2.3% during the 4th quarter. State Street Corp now owns 51,829 shares of the financial services provider’s stock worth $2,037,000 after purchasing an additional 1,182 shares in the last quarter. Renaissance Technologies LLC increased its position in Associated Capital Group by 14.1% during the 4th quarter. Renaissance Technologies LLC now owns 38,900 shares of the financial services provider’s stock worth $1,525,000 after purchasing an additional 4,800 shares in the last quarter. Geode Capital Management LLC increased its position in Associated Capital Group by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 38,551 shares of the financial services provider’s stock worth $1,511,000 after purchasing an additional 617 shares in the last quarter. Marshall Wace LLP purchased a new stake in Associated Capital Group during the 1st quarter worth about $270,000. Finally, Russell Investments Group Ltd. purchased a new stake in Associated Capital Group during the 4th quarter worth about $238,000. 11.82% of the stock is owned by institutional investors.
About Associated Capital Group
Associated Capital Group, Inc provides investment advisory and asset management services in the United States. It offers alternative investment management, institutional research, and underwriting services. The company was founded in 2015 and is headquartered in Rye, New York.
See Also: Dividend Reinvestment Plan (DRIP)
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Associated Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Associated Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.