WINTON GROUP Ltd Boosts Holdings in Acadian Asset Management Inc. $AAMI

WINTON GROUP Ltd increased its stake in Acadian Asset Management Inc. (NYSE:AAMIFree Report) by 328.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,057 shares of the company’s stock after acquiring an additional 19,206 shares during the period. WINTON GROUP Ltd owned about 0.07% of Acadian Asset Management worth $1,207,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Illinois Municipal Retirement Fund grew its stake in Acadian Asset Management by 5.4% in the third quarter. Illinois Municipal Retirement Fund now owns 15,435 shares of the company’s stock worth $743,000 after purchasing an additional 794 shares during the period. EverSource Wealth Advisors LLC bought a new stake in shares of Acadian Asset Management in the 2nd quarter worth $31,000. Linden Thomas Advisory Services LLC increased its holdings in Acadian Asset Management by 4.4% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 29,066 shares of the company’s stock worth $1,400,000 after buying an additional 1,222 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Acadian Asset Management during the second quarter valued at approximately $61,000. Finally, WealthCollab LLC purchased a new stake in Acadian Asset Management during the second quarter valued at $65,000. Institutional investors own 98.69% of the company’s stock.

Insider Buying and Selling

In related news, Director Barbara Trebbi sold 9,691 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $51.22, for a total transaction of $496,373.02. Following the completion of the transaction, the director owned 35,771 shares in the company, valued at $1,832,190.62. The trade was a 21.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert J. Chersi sold 28,753 shares of the firm’s stock in a transaction on 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 completion of the sale, the director directly owned 37,384 shares of the company’s stock, valued at $1,917,799.20. The trade was a 43.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 26.00% of the company’s stock.

Acadian Asset Management Price Performance

Acadian Asset Management stock opened at $50.70 on Thursday. Acadian Asset Management Inc. has a 1 year low of $22.60 and a 1 year high of $57.03. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 22.94 and a beta of 1.32. The firm has a 50-day moving average of $52.76 and a two-hundred day moving average of $48.90.

Acadian Asset Management (NYSE:AAMIGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The company reported $1.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). Acadian Asset Management had a return on equity of 165.86% and a net margin of 14.19%.The business had revenue of $169.70 million during the quarter. Research analysts expect that Acadian Asset Management Inc. will post 2.78 earnings per share for the current year.

Acadian Asset Management Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Acadian Asset Management’s previous quarterly dividend of $0.01. This represents a $0.40 annualized dividend and a yield of 0.8%. Acadian Asset Management’s dividend payout ratio is 1.81%.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on Acadian Asset Management

Acadian Asset Management Profile

(Free Report)

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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Institutional Ownership by Quarter for Acadian Asset Management (NYSE:AAMI)

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