Acadian Asset Management Inc. (NYSE:AAMI - Get Free Report)'s stock price traded down 0% during mid-day trading on Monday . The company traded as low as $25.46 and last traded at $25.85. 482,576 shares were traded during trading, an increase of 143% from the average session volume of 198,546 shares. The stock had previously closed at $25.86.
Analysts Set New Price Targets
Separately, Royal Bank of Canada reiterated a "sector perform" rating and set a $27.00 target price on shares of Acadian Asset Management in a research note on Monday, February 10th.
Get Our Latest Analysis on Acadian Asset Management
Acadian Asset Management Stock Performance
The firm has a fifty day simple moving average of $25.14. The stock has a market capitalization of $856.69 million, a P/E ratio of 10.20 and a beta of 1.54.
Acadian Asset Management (NYSE:AAMI - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.27. Acadian Asset Management had a net margin of 16.81% and a return on equity of 1,000.27%. On average, research analysts forecast that Acadian Asset Management Inc. will post 2.78 EPS for the current year.
Acadian Asset Management Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.18%. The ex-dividend date of this dividend was Friday, March 14th. Acadian Asset Management's dividend payout ratio (DPR) is currently 1.79%.
Acadian Asset Management Company Profile
(
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Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.
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