OM Asset Management (OMAM) Earns News Impact Rating of 0.16

News articles about OM Asset Management (NYSE:OMAM) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. OM Asset Management earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 45.2041296064995 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Shares of OM Asset Management (NYSE OMAM) opened at $18.34 on Friday. OM Asset Management has a twelve month low of $13.20 and a twelve month high of $18.37. The stock has a market capitalization of $1,957.41, a price-to-earnings ratio of 26.97, a price-to-earnings-growth ratio of 0.63 and a beta of 1.76. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 3.23.

OM Asset Management (NYSE:OMAM) last announced its quarterly earnings results on Thursday, November 2nd. The asset manager reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The business had revenue of $228.20 million during the quarter, compared to the consensus estimate of $220.50 million. OM Asset Management had a return on equity of 114.45% and a net margin of 9.49%. The company’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.32 EPS. equities research analysts expect that OM Asset Management will post 1.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Thursday, December 14th. OM Asset Management’s payout ratio is 52.94%.

Several brokerages have issued reports on OMAM. Sandler O’Neill set a $19.00 price target on OM Asset Management and gave the company a “hold” rating in a report on Thursday. ValuEngine downgraded OM Asset Management from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. Zacks Investment Research raised OM Asset Management from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Wednesday, October 11th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $22.00 price target on shares of OM Asset Management in a report on Tuesday, January 9th. Finally, Citigroup raised their price target on OM Asset Management from $18.50 to $20.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. OM Asset Management currently has an average rating of “Buy” and an average price target of $19.43.

In other OM Asset Management news, CAO Daniel K. Mahoney sold 2,000 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $15.94, for a total transaction of $31,880.00. Following the transaction, the chief accounting officer now owns 7,493 shares in the company, valued at approximately $119,438.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Linda T. Gibson sold 46,357 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $16.46, for a total value of $763,036.22. Following the transaction, the executive vice president now owns 146,193 shares in the company, valued at approximately $2,406,336.78. The disclosure for this sale can be found here. Insiders have sold a total of 56,257 shares of company stock worth $922,264 in the last quarter. Company insiders own 1.48% of the company’s stock.

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OM Asset Management Company Profile

OM Asset Management plc is a global, diversified, multi-boutique asset management company. As of December 31, 2016, the Company operated its business through its eight Affiliates, each of which operated autonomously and employed its own investment processes. Its Affiliates include Acadian Asset Management LLC; Barrow, Hanley, Mewhinney & Strauss, LLC; Campbell Global, LLC; Copper Rock Capital Partners LLC; Heitman LLC; Investment Counselors of Maryland, LLC; Landmark Partners, LLC, and Thompson, Siegel & Walmsley LLC.

Insider Buying and Selling by Quarter for OM Asset Management (NYSE:OMAM)

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