Associated Capital Group, Inc. (NYSE:AC - Get Free Report) shares traded up 2.4% on Friday . The company traded as high as $39.10 and last traded at $38.99. 4,992 shares were traded during trading, a decline of 15% from the average session volume of 5,886 shares. The stock had previously closed at $38.09.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Associated Capital Group from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th.
View Our Latest Report on AC
Associated Capital Group Price Performance
The stock has a fifty day moving average of $36.89 and a 200 day moving average of $36.22. The stock has a market cap of $816.01 million, a price-to-earnings ratio of 18.56 and a beta of 0.92.
Associated Capital Group (NYSE:AC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.20 EPS for the quarter. Associated Capital Group had a net margin of 336.45% and a return on equity of 4.88%.
Institutional Investors Weigh In On Associated Capital Group
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in shares of Associated Capital Group by 11,616.7% in the third quarter. JPMorgan Chase & Co. now owns 703 shares of the financial services provider's stock worth $25,000 after buying an additional 697 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Associated Capital Group by 5.2% during the 4th quarter. Geode Capital Management LLC now owns 23,049 shares of the financial services provider's stock worth $790,000 after purchasing an additional 1,135 shares during the period. Northern Trust Corp grew its stake in shares of Associated Capital Group by 17.6% during the 4th quarter. Northern Trust Corp now owns 18,375 shares of the financial services provider's stock worth $630,000 after purchasing an additional 2,755 shares during the period. Empowered Funds LLC purchased a new position in shares of Associated Capital Group during the 4th quarter valued at approximately $149,000. Finally, OFI Invest Asset Management acquired a new position in shares of Associated Capital Group in the 4th quarter valued at $1,092,000. 8.14% of the stock is owned by institutional investors and hedge funds.
About Associated Capital Group
(
Get Free Report)
Associated Capital Group, Inc, together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.
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