UBS Group AG Cuts Stock Position in Acadian Asset Management Inc. $AAMI

UBS Group AG lowered its stake in Acadian Asset Management Inc. (NYSE:AAMI) by 46.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 95,075 shares of the company’s stock after selling 81,161 shares during the quarter. UBS Group AG’s holdings in Acadian Asset Management were worth $4,469,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC purchased a new stake in Acadian Asset Management during the 2nd quarter valued at $31,000. Raymond James Financial Inc. purchased a new stake in Acadian Asset Management during the 2nd quarter valued at $61,000. WealthCollab LLC purchased a new stake in Acadian Asset Management during the 2nd quarter valued at $65,000. Russell Investments Group Ltd. purchased a new stake in Acadian Asset Management during the 2nd quarter valued at $97,000. Finally, Tower Research Capital LLC TRC purchased a new stake in Acadian Asset Management during the 2nd quarter valued at $116,000. 98.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on AAMI shares. Morgan Stanley increased their target price on Acadian Asset Management from $54.00 to $60.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $66.00 target price on shares of Acadian Asset Management in a research note on Wednesday. Evercore set a $60.00 target price on Acadian Asset Management in a research note on Friday, April 10th. Weiss Ratings downgraded Acadian Asset Management from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Acadian Asset Management currently has an average rating of “Hold” and a consensus price target of $62.00.

Insider Activity

In other news, CAO Richard Jonathan Hart sold 100,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $66.97, for a total value of $6,697,000.00. Following the transaction, the chief accounting officer directly owned 73,863 shares in the company, valued at $4,946,605.11. This trade represents a 57.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 22.60% of the stock is currently owned by company insiders.

Acadian Asset Management Price Performance

AAMI stock opened at $71.97 on Friday. The company has a market cap of $2.56 billion, a P/E ratio of 30.63 and a beta of 1.33. Acadian Asset Management Inc. has a 1 year low of $28.98 and a 1 year high of $74.52. The stock’s fifty day moving average price is $61.94 and its 200-day moving average price is $53.85.

Acadian Asset Management (NYSE:AAMI) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.11. The firm had revenue of $165.00 million for the quarter. Acadian Asset Management had a return on equity of 185.73% and a net margin of 13.78%. As a group, analysts expect that Acadian Asset Management Inc. will post 4.84 earnings per share for the current year.

Acadian Asset Management Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, June 12th. Acadian Asset Management’s dividend payout ratio (DPR) is 17.02%.

Acadian Asset Management Profile

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.