Janus Henderson Group PLC Buys 182,904 Shares of Acadian Asset Management Inc. $AAMI

Janus Henderson Group PLC increased its holdings in shares of Acadian Asset Management Inc. (NYSE:AAMI) by 1,471.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 195,337 shares of the company’s stock after purchasing an additional 182,904 shares during the period. Janus Henderson Group PLC’s holdings in Acadian Asset Management were worth $10,630,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Strs Ohio acquired a new stake in Acadian Asset Management during the 4th quarter valued at approximately $738,000. Boston Trust Walden Corp bought a new stake in Acadian Asset Management in the first quarter valued at $15,325,000. Impax Asset Management Group plc increased its position in Acadian Asset Management by 10.4% in the 4th quarter. Impax Asset Management Group plc now owns 845,451 shares of the company’s stock valued at $39,736,000 after buying an additional 79,967 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Acadian Asset Management by 5.9% during the first quarter. Jennison Associates LLC now owns 2,022,207 shares of the company’s stock valued at $110,049,000 after acquiring an additional 112,985 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in Acadian Asset Management by 13.9% during the 1st quarter. Principal Financial Group Inc. now owns 204,527 shares of the company’s stock valued at $11,130,000 after purchasing an additional 24,885 shares in the last quarter. Institutional investors and hedge funds own 98.69% of the company’s stock.

Analyst Ratings Changes

AAMI has been the topic of a number of recent analyst reports. Morgan Stanley set a $81.00 price target on shares of Acadian Asset Management in a research report on Wednesday, July 29th. Evercore set a $84.00 price objective on Acadian Asset Management in a research note on Friday, July 10th. Royal Bank Of Canada raised their price target on Acadian Asset Management from $72.00 to $80.00 and gave the stock a “sector perform” rating in a report on Friday. Wall Street Zen raised shares of Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Finally, Zacks Research upgraded Acadian Asset Management from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Acadian Asset Management presently has an average rating of “Moderate Buy” and a consensus target price of $81.67.

Acadian Asset Management Stock Up 2.4%

NYSE AAMI opened at $91.91 on Wednesday. Acadian Asset Management Inc. has a twelve month low of $40.90 and a twelve month high of $92.67. The stock’s 50 day moving average is $78.07 and its 200 day moving average is $65.39. The firm has a market capitalization of $3.27 billion, a PE ratio of 32.48 and a beta of 1.30.

Acadian Asset Management (NYSE:AAMI) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.30. The company had revenue of $183.20 million during the quarter. Acadian Asset Management had a net margin of 15.17% and a return on equity of 189.32%. On average, research analysts anticipate that Acadian Asset Management Inc. will post 5.07 earnings per share for the current year.

Acadian Asset Management Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Friday, September 11th. Acadian Asset Management’s dividend payout ratio is currently 14.13%.

About Acadian Asset Management

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.