Acadian Asset Management Inc. (AAMI) To Go Ex-Dividend on March 13th

Acadian Asset Management Inc. (NYSE:AAMI) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, March 13th will be given a dividend of 0.10 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. This is a 900.0% increase from Acadian Asset Management’s previous quarterly dividend of $0.01.

Acadian Asset Management has decreased its dividend by an average of 0.3%per year over the last three years.

Acadian Asset Management Trading Up 5.2%

AAMI stock opened at $51.05 on Friday. The firm has a market cap of $1.82 billion, a PE ratio of 23.10 and a beta of 1.31. Acadian Asset Management has a 1 year low of $22.60 and a 1 year high of $56.46. The company has a fifty day simple moving average of $50.15 and a 200 day simple moving average of $47.43.

Acadian Asset Management (NYSE:AAMI) last announced its quarterly earnings results on Thursday, February 5th. The company reported $1.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). The company had revenue of $169.70 million during the quarter. Acadian Asset Management had a return on equity of 165.86% and a net margin of 14.19%. As a group, analysts forecast that Acadian Asset Management will post 2.78 EPS for the current fiscal year.

Institutional Investors Weigh In On Acadian Asset Management

A number of institutional investors have recently added to or reduced their stakes in AAMI. Paulson & CO. Inc. bought a new stake in shares of Acadian Asset Management in the 2nd quarter worth approximately $315,402,000. Jennison Associates LLC acquired a new position in shares of Acadian Asset Management in the second quarter valued at $73,690,000. Impax Asset Management Group plc bought a new position in Acadian Asset Management in the second quarter worth $35,240,000. William Blair Investment Management LLC acquired a new stake in Acadian Asset Management during the second quarter worth $25,094,000. Finally, Geode Capital Management LLC acquired a new stake in Acadian Asset Management during the second quarter worth $22,116,000. 98.69% of the stock is owned by institutional investors and hedge funds.

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.