GSA Capital Partners LLP Boosts Holdings in GCM Grosvenor Inc. $GCMG

GSA Capital Partners LLP grew its stake in shares of GCM Grosvenor Inc. (NASDAQ:GCMG) by 382.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,645 shares of the company’s stock after acquiring an additional 75,010 shares during the quarter. GSA Capital Partners LLP’s holdings in GCM Grosvenor were worth $1,142,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. CWM LLC lifted its holdings in GCM Grosvenor by 83.6% in the third quarter. CWM LLC now owns 4,199 shares of the company’s stock valued at $51,000 after acquiring an additional 1,912 shares during the period. Tower Research Capital LLC TRC lifted its stake in GCM Grosvenor by 308.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,776 shares of the company’s stock worth $67,000 after purchasing an additional 4,362 shares in the last quarter. Legal & General Group Plc lifted its position in GCM Grosvenor by 96.8% in the second quarter. Legal & General Group Plc now owns 8,638 shares of the company’s stock valued at $100,000 after buying an additional 4,249 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of GCM Grosvenor during the second quarter valued at about $173,000. Finally, MQS Management LLC acquired a new stake in shares of GCM Grosvenor during the second quarter valued at about $186,000. 99.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Transactions at GCM Grosvenor

In other GCM Grosvenor news, CFO Pamela L. Bentley sold 40,000 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $11.61, for a total value of $464,400.00. Following the transaction, the chief financial officer directly owned 43,309 shares in the company, valued at $502,817.49. This represents a 48.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 76.40% of the stock is owned by company insiders.

GCM Grosvenor Trading Up 1.2%

NASDAQ:GCMG opened at $11.85 on Thursday. The stock has a fifty day moving average price of $11.41 and a 200 day moving average price of $11.79. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 112.30. GCM Grosvenor Inc. has a 12-month low of $9.86 and a 12-month high of $14.48. The firm has a market cap of $2.30 billion, a PE ratio of 32.03 and a beta of 0.80.

GCM Grosvenor (NASDAQ:GCMG) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.07. GCM Grosvenor had a negative return on equity of 369.56% and a net margin of 8.14%.The company had revenue of $177.10 million for the quarter, compared to analyst estimates of $160.20 million. Sell-side analysts anticipate that GCM Grosvenor Inc. will post 0.64 earnings per share for the current fiscal year.

GCM Grosvenor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.12 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 4.1%. GCM Grosvenor’s dividend payout ratio (DPR) is currently 129.73%.

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.