Acadian Asset Management Inc. (NYSE:AAMI) Given Average Rating of “Hold” by Analysts

Acadian Asset Management Inc. (NYSE:AAMI) has been given an average recommendation of “Hold” by the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $47.6667.

A number of equities analysts have recently weighed in on the company. Zacks Research cut Acadian Asset Management from a “strong-buy” rating to a “hold” rating in a report on Friday, October 3rd. Evercore ISI set a $52.00 target price on shares of Acadian Asset Management in a research note on Thursday, November 6th. Wall Street Zen lowered shares of Acadian Asset Management from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Morgan Stanley lifted their price target on shares of Acadian Asset Management from $46.00 to $49.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Acadian Asset Management in a research note on Monday, December 15th.

Acadian Asset Management Stock Performance

AAMI stock opened at $48.41 on Friday. The stock’s 50 day moving average price is $46.09 and its 200 day moving average price is $43.83. The firm has a market cap of $1.73 billion, a P/E ratio of 20.43 and a beta of 1.32. Acadian Asset Management has a 1 year low of $22.60 and a 1 year high of $54.99.

Acadian Asset Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 12th were issued a dividend of $0.01 per share. The ex-dividend date was Friday, December 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. Acadian Asset Management’s dividend payout ratio (DPR) is 1.69%.

Hedge Funds Weigh In On Acadian Asset Management

Several institutional investors have recently added to or reduced their stakes in the business. Signaturefd LLC purchased a new stake in Acadian Asset Management in the 2nd quarter valued at about $25,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Acadian Asset Management in the second quarter worth approximately $31,000. GAMMA Investing LLC acquired a new stake in shares of Acadian Asset Management in the second quarter worth approximately $37,000. Public Employees Retirement System of Ohio purchased a new stake in Acadian Asset Management in the second quarter valued at approximately $44,000. Finally, CWM LLC acquired a new position in Acadian Asset Management during the second quarter worth approximately $55,000. 98.69% of the stock is currently owned by institutional investors and hedge funds.

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.