Integrated Quantitative Investments LLC Invests $1.21 Million in Acadian Asset Management Inc. $AAMI

Integrated Quantitative Investments LLC acquired a new stake in Acadian Asset Management Inc. (NYSE:AAMI) in the 3rd quarter, HoldingsChannel reports. The fund acquired 25,118 shares of the company’s stock, valued at approximately $1,210,000.

Other large investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC acquired a new stake in Acadian Asset Management during the 3rd quarter worth approximately $18,479,000. Citigroup Inc. grew its stake in Acadian Asset Management by 105.9% during the 3rd quarter. Citigroup Inc. now owns 51,031 shares of the company’s stock worth $2,458,000 after purchasing an additional 26,252 shares in the last quarter. Jupiter Asset Management Ltd. increased its holdings in Acadian Asset Management by 56.7% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 105,232 shares of the company’s stock worth $5,068,000 after purchasing an additional 38,097 shares during the period. GSA Capital Partners LLP purchased a new position in shares of Acadian Asset Management in the 3rd quarter valued at about $254,000. Finally, Illinois Municipal Retirement Fund boosted its stake in shares of Acadian Asset Management by 5.4% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 15,435 shares of the company’s stock valued at $743,000 after buying an additional 794 shares during the period. 98.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Barbara Trebbi sold 9,691 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $51.22, for a total transaction of $496,373.02. Following the completion of the sale, the director directly owned 35,771 shares in the company, valued at $1,832,190.62. This represents a 21.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert J. Chersi sold 28,753 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $51.30, for a total value of $1,475,028.90. Following the sale, the director owned 37,384 shares of the company’s stock, valued at $1,917,799.20. This represents a 43.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 26.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AAMI shares. Royal Bank Of Canada lifted their price target on shares of Acadian Asset Management from $52.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Friday, February 6th. Evercore set a $52.00 target price on Acadian Asset Management in a research report on Thursday, November 6th. Wall Street Zen raised Acadian Asset Management from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Morgan Stanley raised their price objective on shares of Acadian Asset Management from $49.00 to $50.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Acadian Asset Management in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $52.00.

Acadian Asset Management Trading Up 1.4%

Shares of AAMI opened at $54.51 on Thursday. The stock’s 50 day moving average is $52.38 and its two-hundred day moving average is $48.76. Acadian Asset Management Inc. has a twelve month low of $22.60 and a twelve month high of $57.03. The firm has a market capitalization of $1.95 billion, a PE ratio of 24.67 and a beta of 1.32.

Acadian Asset Management (NYSE:AAMI) last posted its quarterly earnings data on Thursday, February 5th. The company reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). Acadian Asset Management had a net margin of 14.19% and a return on equity of 165.86%. The company had revenue of $169.70 million for the quarter. On average, sell-side analysts predict that Acadian Asset Management Inc. will post 2.78 EPS for the current year.

Acadian Asset Management Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.7%. This is a positive change from Acadian Asset Management’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Friday, March 13th. Acadian Asset Management’s dividend payout ratio (DPR) is currently 1.81%.

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.