Sculptor Capital Management (NYSE:SCU – Get Rating) had its price objective cut by stock analysts at Citigroup from $33.50 to $32.00 in a research note issued to investors on Tuesday, April 12th, MarketBeat reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price indicates a potential upside of 175.39% from the company’s current price.
Separately, Zacks Investment Research cut Sculptor Capital Management from a “hold” rating to a “sell” rating in a research report on Friday, April 8th.
SCU traded up $0.15 on Tuesday, hitting $11.62. The company had a trading volume of 141,386 shares, compared to its average volume of 303,587. The stock has a fifty day moving average price of $12.48 and a 200-day moving average price of $17.59. Sculptor Capital Management has a 12-month low of $10.30 and a 12-month high of $28.90. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.49 and a quick ratio of 1.49.
Several institutional investors and hedge funds have recently added to or reduced their stakes in SCU. Millennium Management LLC acquired a new stake in shares of Sculptor Capital Management in the 4th quarter valued at approximately $15,123,000. Russell Investments Group Ltd. grew its position in shares of Sculptor Capital Management by 135.6% in the fourth quarter. Russell Investments Group Ltd. now owns 1,019,174 shares of the company’s stock valued at $21,756,000 after purchasing an additional 586,627 shares during the period. Invesco Ltd. boosted its holdings in Sculptor Capital Management by 1,534.4% in the fourth quarter. Invesco Ltd. now owns 554,628 shares of the company’s stock valued at $11,841,000 after acquiring an additional 520,693 shares during the last quarter. State Street Corp boosted its holdings in Sculptor Capital Management by 49.4% in the fourth quarter. State Street Corp now owns 618,001 shares of the company’s stock valued at $13,194,000 after acquiring an additional 204,422 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in Sculptor Capital Management in the fourth quarter valued at $3,738,000. Institutional investors and hedge funds own 25.28% of the company’s stock.
Sculptor Capital Management Company Profile (Get Rating)
Sculptor Capital Management, Inc is a publicly owned hedge fund sponsor. The firm provides investment advisory services to its clients. It primarily caters to institutional investors, which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices.
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