GW&K Investment Management LLC Acquires 29,386 Shares of Acadian Asset Management Inc. $AAMI

GW&K Investment Management LLC lifted its holdings in Acadian Asset Management Inc. (NYSE:AAMI) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 413,093 shares of the company’s stock after acquiring an additional 29,386 shares during the period. GW&K Investment Management LLC’s holdings in Acadian Asset Management were worth $19,415,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new position in shares of Acadian Asset Management in the 2nd quarter valued at about $31,000. Raymond James Financial Inc. bought a new position in shares of Acadian Asset Management in the 2nd quarter valued at about $61,000. WealthCollab LLC bought a new position in shares of Acadian Asset Management in the 2nd quarter valued at about $65,000. Russell Investments Group Ltd. bought a new position in shares of Acadian Asset Management in the 2nd quarter valued at about $97,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of Acadian Asset Management in the 2nd quarter valued at about $116,000. Institutional investors own 98.69% of the company’s stock.

Wall Street Analyst Weigh In

AAMI has been the subject of several analyst reports. Zacks Research downgraded shares of Acadian Asset Management from a “hold” rating to a “strong sell” rating in a research note on Friday, June 5th. 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. Weiss Ratings downgraded shares of Acadian Asset Management from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Morgan Stanley raised their price objective on shares of Acadian Asset Management from $54.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $66.00 price objective on shares of Acadian Asset Management in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Acadian Asset Management has an average rating of “Hold” and an average price target of $68.67.

Acadian Asset Management Stock Performance

Acadian Asset Management stock opened at $76.25 on Thursday. The company has a 50 day moving average price of $67.80 and a 200-day moving average price of $56.72. Acadian Asset Management Inc. has a fifty-two week low of $30.98 and a fifty-two week high of $79.00. The company has a market capitalization of $2.72 billion, a PE ratio of 32.45 and a beta of 1.32.

Acadian Asset Management (NYSE:AAMI) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.11. Acadian Asset Management had a net margin of 13.78% and a return on equity of 185.73%. The firm had revenue of $165.00 million during the quarter. On average, analysts forecast that Acadian Asset Management Inc. will post 4.84 earnings per share for the current year.

Acadian Asset Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, June 12th. Acadian Asset Management’s dividend payout ratio (DPR) is presently 17.02%.

Insider Transactions at Acadian Asset Management

In related news, CAO Richard Jonathan Hart sold 100,000 shares of Acadian Asset Management stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $66.97, for a total transaction of $6,697,000.00. Following the transaction, the chief accounting officer directly owned 73,863 shares of the company’s stock, valued at $4,946,605.11. This trade represents a 57.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 22.60% of the stock is currently owned by insiders.

Acadian Asset Management 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.