Boston Trust Walden Corp Acquires New Holdings in Acadian Asset Management Inc. $AAMI

Boston Trust Walden Corp bought a new stake in Acadian Asset Management Inc. (NYSE:AAMI) during the first quarter, Holdings Channel.com reports. The firm bought 281,604 shares of the company’s stock, valued at approximately $15,325,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new stake in shares of Acadian Asset Management during the 2nd quarter valued at $31,000. Transamerica Financial Advisors LLC grew its position in Acadian Asset Management by 380.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 802 shares of the company’s stock worth $38,000 after acquiring an additional 635 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Acadian Asset Management in the 2nd quarter worth about $61,000. WealthCollab LLC acquired a new position in Acadian Asset Management in the 2nd quarter worth about $65,000. Finally, Russell Investments Group Ltd. bought a new position in Acadian Asset Management in the second quarter valued at about $97,000. Institutional investors own 98.69% of the company’s stock.

Acadian Asset Management Stock Performance

Shares of AAMI opened at $73.02 on Friday. The firm has a market cap of $2.60 billion, a PE ratio of 31.07 and a beta of 1.32. Acadian Asset Management Inc. has a 52-week low of $36.61 and a 52-week high of $85.73. The business’s 50 day moving average price is $72.35 and its two-hundred day moving average price is $60.11.

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

Acadian Asset Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 0.5%. Acadian Asset Management’s dividend payout ratio is currently 17.02%.

Analyst Upgrades and Downgrades

AAMI has been the topic of a number of recent research reports. Weiss Ratings lowered Acadian Asset Management from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Royal Bank Of Canada upped 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. Wall Street Zen upgraded shares of Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Morgan Stanley lifted their target price on shares of Acadian Asset Management from $60.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Friday, June 26th. Finally, Zacks Research raised shares of Acadian Asset Management from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Acadian Asset Management has an average rating of “Hold” and an average price target of $76.67.

Insider Buying and Selling

In other Acadian Asset Management news, CAO Richard Jonathan Hart sold 100,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were 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. This trade represents a 57.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 22.60% of the company’s stock.

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.