Acadian Asset Management Inc. (NYSE:AAMI) to Issue Quarterly Dividend of $0.10

Acadian Asset Management Inc. (NYSE:AAMIGet Free Report) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, September 11th will be given a dividend of 0.10 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, September 11th.

Acadian Asset Management has decreased its dividend payment by an average of 0.2%annually over the last three years.

Acadian Asset Management Stock Down 1.5%

Acadian Asset Management stock opened at $92.19 on Wednesday. Acadian Asset Management has a twelve month low of $41.47 and a twelve month high of $98.52. The company has a market capitalization of $3.27 billion, a P/E ratio of 32.58 and a beta of 1.30. The stock’s 50 day moving average is $86.87 and its 200 day moving average is $72.26.

Acadian Asset Management (NYSE:AAMIGet Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.03 by $0.30. Acadian Asset Management had a return on equity of 189.32% and a net margin of 15.17%.The business had revenue of $183.20 million for the quarter. As a group, equities analysts expect that Acadian Asset Management will post 5.07 EPS for the current year.

Hedge Funds Weigh In On Acadian Asset Management

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Acadian Asset Management by 53.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 103,504 shares of the company’s stock worth $7,403,000 after purchasing an additional 36,083 shares during the period. Walleye Capital LLC purchased a new stake in Acadian Asset Management during the second quarter valued at $5,906,000. Principal Financial Group Inc. lifted its holdings in Acadian Asset Management by 13.9% in the first quarter. Principal Financial Group Inc. now owns 204,527 shares of the company’s stock valued at $11,130,000 after acquiring an additional 24,885 shares during the period. Summit Global Investments purchased a new position in Acadian Asset Management in the second quarter worth about $1,209,000. Finally, Boston Trust Walden Corp bought a new stake in shares of Acadian Asset Management during the 1st quarter valued at about $15,325,000. Institutional investors own 98.69% of the company’s stock.

Acadian Asset Management Company Profile

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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.

See Also

Dividend History for Acadian Asset Management (NYSE:AAMI)

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