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

Acadian Asset Management Inc. (NYSE:AAMI) has been given a consensus rating of “Hold” by the five research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $52.00.

AAMI has been the topic of a number of analyst reports. Evercore set a $52.00 price objective on Acadian Asset Management in a research note on Thursday, November 6th. Weiss Ratings restated a “buy (b)” rating on shares of Acadian Asset Management in a report on Monday, December 29th. Wall Street Zen raised shares of Acadian Asset Management from a “hold” rating to a “buy” rating in a research note on Saturday. Morgan Stanley lifted their price target on shares of Acadian Asset Management from $49.00 to $50.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 3rd. Finally, Royal Bank Of Canada upped their price objective on shares of Acadian Asset Management from $52.00 to $54.00 and gave the company a “sector perform” rating in a research note on Friday.

Acadian Asset Management News Summary

Here are the key news stories impacting Acadian Asset Management this week:

• Positive Sentiment: Management announced a large dividend increase — quarterly dividend raised to $0.10 (annualized yield ~0.8%), up 900% from the prior $0.01 payment, with record date March 13 and pay date March 27. The move signals confidence in cash flow and is likely supporting the stock.
• Positive Sentiment: Company reported strong client flows and AUM momentum: $5.4B of Q4 net client inflows and record assets under management, which supports revenue growth prospects and recurring fee income. Acadian signals continued positive momentum
• Positive Sentiment: Analyst update: Royal Bank of Canada raised its price target from $52 to $54 and maintained a “sector perform” rating, giving modest upside vs. recent levels and likely adding buying interest. RBC raises price target
• Neutral Sentiment: Investors can review the full Q4 presentation and earnings call transcript for details on guidance, margin drivers and pipeline; slides and multiple transcripts are available. Q4 slide deck Earnings call transcript
• Negative Sentiment: Q4 results slightly missed consensus: EPS $1.32 vs. $1.38 estimate and revenue $169.7M — the miss is a short-term negative catalyst and explains some sell-side caution despite strong flows. AAMI misses Q4 estimates

Acadian Asset Management Price Performance

Shares of AAMI opened at $51.05 on Monday. Acadian Asset Management has a 1-year low of $22.60 and a 1-year high of $56.46. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 23.10 and a beta of 1.30. The firm has a 50 day simple moving average of $50.15 and a 200-day simple moving average of $47.53.

Acadian Asset Management (NYSE:AAMI) last announced its earnings results on Thursday, February 5th. The company reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). The company had revenue of $169.70 million for the quarter. Acadian Asset Management had a net margin of 14.19% and a return on equity of 165.86%. On average, equities analysts expect that Acadian Asset Management will post 2.78 earnings per share for the current fiscal year.

Acadian Asset Management Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a $0.10 dividend. This is a boost from Acadian Asset Management’s previous quarterly dividend of $0.01. The ex-dividend date is Friday, March 13th. This represents a $0.40 annualized dividend and a yield of 0.8%. Acadian Asset Management’s payout ratio is presently 1.81%.

Institutional Investors Weigh In On Acadian Asset Management

A number of hedge funds and other institutional investors have recently made changes to their positions in AAMI. Paulson & CO. Inc. purchased a new stake in shares of Acadian Asset Management during the 2nd quarter worth about $315,402,000. Jennison Associates LLC acquired a new position in Acadian Asset Management during the second quarter valued at approximately $73,690,000. Impax Asset Management Group plc acquired a new position in Acadian Asset Management during the second quarter valued at approximately $35,240,000. William Blair Investment Management LLC purchased a new stake in Acadian Asset Management during the second quarter worth approximately $25,094,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Acadian Asset Management in the second quarter worth $22,116,000. Hedge funds and other institutional investors own 98.69% of the company’s stock.

Acadian Asset Management Company 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.