Acadian Asset Management Inc. (NYSE:AAMI – Get 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.
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
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.
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