Mitsubishi UFJ Asset Management Co. Ltd. Has $32.09 Million Holdings in Ares Management Corporation $ARES

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Ares Management Corporation (NYSE:ARES) by 13.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,722 shares of the asset manager’s stock after purchasing an additional 24,502 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.06% of Ares Management worth $32,093,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ARES. Creative Planning raised its position in Ares Management by 29.6% during the second quarter. Creative Planning now owns 34,036 shares of the asset manager’s stock valued at $5,895,000 after acquiring an additional 7,776 shares in the last quarter. Vulcan Value Partners LLC increased its stake in shares of Ares Management by 10.6% during the 3rd quarter. Vulcan Value Partners LLC now owns 1,350,249 shares of the asset manager’s stock worth $215,785,000 after purchasing an additional 129,368 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Ares Management by 2.8% during the 3rd quarter. Principal Financial Group Inc. now owns 3,534,773 shares of the asset manager’s stock valued at $565,180,000 after purchasing an additional 94,825 shares in the last quarter. Wealth Alliance LLC raised its holdings in shares of Ares Management by 30.6% during the 2nd quarter. Wealth Alliance LLC now owns 4,388 shares of the asset manager’s stock valued at $760,000 after purchasing an additional 1,027 shares in the last quarter. Finally, Winslow Capital Management LLC acquired a new stake in shares of Ares Management in the 2nd quarter valued at $161,774,000. Institutional investors own 50.03% of the company’s stock.

Ares Management Price Performance

Shares of NYSE:ARES opened at $111.88 on Monday. The company has a market cap of $36.57 billion, a price-to-earnings ratio of 66.20, a PEG ratio of 0.71 and a beta of 1.52. The business has a 50 day moving average price of $150.67 and a 200 day moving average price of $158.77. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.86. Ares Management Corporation has a twelve month low of $108.67 and a twelve month high of $195.26.

Ares Management (NYSE:ARES) last issued its quarterly earnings results on Thursday, February 5th. The asset manager reported $1.45 EPS for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.26). Ares Management had a return on equity of 19.04% and a net margin of 9.41%.The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the firm earned $0.55 earnings per share. Research analysts predict that Ares Management Corporation will post 5.28 earnings per share for the current year.

Ares Management Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 4.8%. The ex-dividend date is Tuesday, March 17th. This is an increase from Ares Management’s previous quarterly dividend of $0.84. Ares Management’s dividend payout ratio is currently 319.53%.

Insiders Place Their Bets

In related news, Director Ashish Bhutani purchased 10,000 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were bought at an average cost of $126.61 per share, for a total transaction of $1,266,100.00. Following the transaction, the director directly owned 34,071 shares of the company’s stock, valued at approximately $4,313,729.31. This trade represents a 41.54% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Judy D. Olian acquired 480 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were bought at an average price of $124.43 per share, for a total transaction of $59,726.40. Following the acquisition, the director owned 29,734 shares in the company, valued at approximately $3,699,801.62. This trade represents a 1.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 36.86% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on ARES. Wall Street Zen downgraded shares of Ares Management from a “hold” rating to a “sell” rating in a research report on Saturday. Morgan Stanley set a $178.00 price objective on Ares Management in a report on Tuesday, January 27th. UBS Group set a $148.00 target price on Ares Management in a report on Friday, February 20th. TD Cowen reaffirmed a “buy” rating on shares of Ares Management in a research report on Wednesday, January 14th. Finally, Raymond James Financial raised shares of Ares Management from a “market perform” rating to a “strong-buy” rating and set a $157.00 price target on the stock in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.67.

Ares Management Company Profile

Ares Management Corporation (NYSE: ARES) is a global alternative asset manager that provides investment solutions across credit, private equity and real estate. The firm originates and manages capital across a range of strategies including direct lending, syndicated and special situations credit, private equity buyouts and growth investments, and real estate equity and debt. Ares serves institutional investors, insurance companies, pension funds, sovereign wealth funds, and high‑net‑worth clients through both commingled funds and bespoke managed account structures.

Within credit, Ares offers strategies spanning leveraged loans, structured credit, opportunistic and distressed debt, and specialty finance, with an emphasis on underwriting, portfolio construction and active asset management.