Vanguard Group Inc. Decreases Stock Holdings in Acadian Asset Management Inc. $AAMI

Vanguard Group Inc. reduced its position in Acadian Asset Management Inc. (NYSE:AAMI) by 0.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,335,363 shares of the company’s stock after selling 13,223 shares during the period. Vanguard Group Inc. owned 0.07% of Acadian Asset Management worth $109,762,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in Acadian Asset Management during the 2nd quarter worth $6,964,000. American Century Companies Inc. acquired a new position in shares of Acadian Asset Management in the 2nd quarter valued at $1,773,000. Russell Investments Group Ltd. acquired a new position in shares of Acadian Asset Management in the 2nd quarter valued at $97,000. New York State Common Retirement Fund acquired a new position in shares of Acadian Asset Management in the 2nd quarter valued at $299,000. Finally, Quantbot Technologies LP acquired a new position in shares of Acadian Asset Management in the 2nd quarter valued at $436,000. Institutional investors own 98.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Weiss Ratings downgraded Acadian Asset Management from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Evercore set a $60.00 target price on shares of Acadian Asset Management in a research note on Friday, April 10th. Royal Bank Of Canada increased their target price on shares of Acadian Asset Management from $60.00 to $66.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Wall Street Zen raised shares of Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Finally, Morgan Stanley increased their target price 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. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $62.00.

Acadian Asset Management Trading Down 2.5%

Shares of Acadian Asset Management stock opened at $70.60 on Wednesday. The firm has a market capitalization of $2.52 billion, a PE ratio of 30.04 and a beta of 1.33. Acadian Asset Management Inc. has a twelve month low of $28.98 and a twelve month high of $73.10. The firm’s 50-day moving average price is $59.12 and its 200 day moving average price is $52.67.

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

Acadian Asset Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $0.10 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. Acadian Asset Management’s dividend payout ratio is presently 17.02%.

Insider Buying and Selling

In other Acadian Asset Management news, CAO Richard Jonathan Hart sold 100,000 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $66.97, for a total value of $6,697,000.00. Following the completion of the sale, the chief accounting officer owned 73,863 shares in the company, valued at approximately $4,946,605.11. This represents a 57.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 22.60% of the company’s stock.

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.