Acadian Asset Management Inc. (NYSE:AAMI - Get Free Report)'s share price was down 0% during trading on Monday . The stock traded as low as $25.46 and last traded at $25.85. Approximately 482,576 shares changed hands during mid-day trading, an increase of 143% from the average daily volume of 198,546 shares. The stock had previously closed at $25.86.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada restated a "sector perform" rating and issued a $27.00 target price on shares of Acadian Asset Management in a report on Monday, February 10th.
Read Our Latest Stock Report on AAMI
Acadian Asset Management Trading Up 1.0 %
The company has a 50 day simple moving average of $25.17. The stock has a market cap of $997.29 million, a PE ratio of 11.88 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 (EPS) for the quarter, topping analysts' consensus estimates 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%. As a group, sell-side analysts anticipate that Acadian Asset Management Inc. will post 2.78 earnings per share for the current year.
Acadian Asset Management Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.15%. The ex-dividend date was Friday, March 14th. Acadian Asset Management's payout ratio is 1.79%.
Acadian Asset Management Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Acadian Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acadian Asset Management wasn't on the list.
While Acadian Asset Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
