William Blair Investment Management LLC Sells 26,232 Shares of Acadian Asset Management Inc. $AAMI

William Blair Investment Management LLC cut its holdings in shares of Acadian Asset Management Inc. (NYSE:AAMI) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 255,086 shares of the company’s stock after selling 26,232 shares during the quarter. William Blair Investment Management LLC owned approximately 0.71% of Acadian Asset Management worth $11,989,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. increased its holdings in Acadian Asset Management by 18.0% during the third quarter. Federated Hermes Inc. now owns 342,621 shares of the company’s stock worth $16,501,000 after buying an additional 52,298 shares during the last quarter. Tudor Investment Corp ET AL boosted its stake in Acadian Asset Management by 42.6% in the third quarter. Tudor Investment Corp ET AL now owns 225,579 shares of the company’s stock valued at $10,864,000 after acquiring an additional 67,385 shares during the last quarter. Citigroup Inc. grew its position in shares of Acadian Asset Management by 105.9% during the 3rd quarter. Citigroup Inc. now owns 51,031 shares of the company’s stock valued at $2,458,000 after acquiring an additional 26,252 shares during the period. SG Americas Securities LLC increased its stake in shares of Acadian Asset Management by 1,414.9% during the 4th quarter. SG Americas Securities LLC now owns 359,613 shares of the company’s stock worth $16,902,000 after purchasing an additional 335,874 shares during the last quarter. Finally, GW&K Investment Management LLC bought a new stake in shares of Acadian Asset Management in the 3rd quarter worth approximately $18,479,000. 98.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Wall Street Zen upgraded Acadian Asset Management from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 10th. Royal Bank Of Canada restated a “sector perform” rating and issued a $66.00 price objective on shares of Acadian Asset Management in a research note on Wednesday, May 20th. Weiss Ratings downgraded shares of Acadian Asset Management from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Morgan Stanley increased their target price on shares of Acadian Asset Management from $54.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Finally, Evercore set a $60.00 target price on shares of Acadian Asset Management in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $62.00.

Insider Buying and Selling

In other Acadian Asset Management news, CAO Richard Jonathan Hart sold 100,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $66.97, for a total value of $6,697,000.00. Following the completion of the transaction, the chief accounting officer directly owned 73,863 shares of the company’s stock, valued at $4,946,605.11. This trade represents a 57.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 22.60% of the stock is currently owned by insiders.

Acadian Asset Management Stock Up 0.5%

Shares of AAMI opened at $71.97 on Tuesday. The business’s 50-day moving average price is $62.38 and its 200-day moving average price is $54.11. Acadian Asset Management Inc. has a twelve month low of $28.98 and a twelve month high of $74.52. The stock has a market cap of $2.56 billion, a PE ratio of 30.63 and a beta of 1.33.

Acadian Asset Management (NYSE:AAMI) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.11. The company had revenue of $165.00 million during the quarter. Acadian Asset Management had a net margin of 13.78% and a return on equity of 185.73%. Analysts expect that Acadian Asset Management Inc. will post 4.84 earnings per share for the current fiscal year.

Acadian Asset Management Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be paid a $0.10 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 0.6%. Acadian Asset Management’s dividend payout ratio is currently 17.02%.

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.