Acadian Asset Management (NYSE:AAMI) Hits New 12-Month High – Here’s What Happened

Acadian Asset Management Inc. (NYSE:AAMI) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $56.57 and last traded at $56.75, with a volume of 68880 shares trading hands. The stock had previously closed at $54.37.

Analyst Upgrades and Downgrades

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

Acadian Asset Management Stock Performance

The company’s 50-day simple moving average is $52.02 and its 200 day simple moving average is $48.61. The company has a market cap of $1.93 billion, a PE ratio of 24.40 and a beta of 1.31.

Acadian Asset Management (NYSE:AAMI) last announced its quarterly earnings data on Thursday, February 5th. The company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.06). The company had revenue of $169.70 million during the quarter. Acadian Asset Management had a net margin of 14.19% and a return on equity of 165.86%. Analysts forecast that Acadian Asset Management Inc. will post 2.78 EPS for the current year.

Acadian Asset Management Increases Dividend

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

Insider Buying and Selling

In related news, Director Robert J. Chersi sold 28,753 shares of Acadian Asset Management stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $51.30, for a total value of $1,475,028.90. Following the completion of the transaction, the director owned 37,384 shares in the company, valued at $1,917,799.20. The trade was a 43.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barbara Trebbi sold 9,691 shares of the 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 sale, the director directly owned 35,771 shares in the company, valued at approximately $1,832,190.62. This represents a 21.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 26.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Acadian Asset Management

Several hedge funds have recently made changes to their positions in AAMI. DGS Capital Management LLC boosted its holdings in Acadian Asset Management by 8.7% in the 4th quarter. DGS Capital Management LLC now owns 29,386 shares of the company’s stock valued at $1,381,000 after purchasing an additional 2,359 shares in the last quarter. Summit Global Investments purchased a new position in Acadian Asset Management in the fourth quarter valued at approximately $1,002,000. XTX Topco Ltd grew its stake in shares of Acadian Asset Management by 3.6% in the fourth quarter. XTX Topco Ltd now owns 20,643 shares of the company’s stock valued at $970,000 after buying an additional 710 shares in the last quarter. VARCOV Co. purchased a new stake in shares of Acadian Asset Management during the 4th quarter valued at about $301,000. Finally, Susquehanna Fundamental Investments LLC lifted its position in Acadian Asset Management by 3.2% during the 4th quarter. Susquehanna Fundamental Investments LLC now owns 14,508 shares of the company’s stock worth $682,000 after acquiring an additional 450 shares in the last quarter. Hedge funds and other 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.