Sapient Capital LLC Acquires New Stake in Associated Capital Group, Inc. (NYSE:AC)

Sapient Capital LLC acquired a new stake in shares of Associated Capital Group, Inc. (NYSE:AC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,604 shares of the financial services provider’s stock, valued at approximately $557,000.

Separately, Dynamic Advisor Solutions LLC lifted its stake in Associated Capital Group by 53.8% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 12,514 shares of the financial services provider’s stock worth $430,000 after purchasing an additional 4,375 shares during the last quarter. Institutional investors own 8.14% of the company’s stock.

Associated Capital Group Stock Up 0.2 %

Shares of AC stock opened at $32.40 on Monday. The business has a 50-day moving average price of $32.80 and a two-hundred day moving average price of $33.60. Associated Capital Group, Inc. has a 12-month low of $31.12 and a 12-month high of $40.55. The firm has a market cap of $696.28 million, a P/E ratio of 18.84 and a beta of 0.89.

Associated Capital Group (NYSE:AC) last issued its quarterly earnings results on Tuesday, February 6th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter. Associated Capital Group had a return on equity of 4.15% and a net margin of 295.29%. The firm had revenue of $5.64 million during the quarter.

Associated Capital Group Profile

Associated Capital Group, Inc, together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.