Sculptor Capital Management, Inc. (NYSE:SCU) COO Wayne Cohen Sells 3,940 Shares

Sculptor Capital Management, Inc. (NYSE:SCU – Get Rating) COO Wayne Cohen sold 3,940 shares of the company’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $8.81, for a total transaction of $34,711.40. Following the completion of the transaction, the chief operating officer now owns 533,859 shares in the company, valued at $4,703,297.79. The transaction was disclosed in a filing with the SEC, which is available at this link.

Wayne Cohen also recently made the following trade(s):

• On Friday, January 13th, Wayne Cohen sold 5,309 shares of Sculptor Capital Management stock. The stock was sold at an average price of $8.72, for a total transaction of $46,294.48.
• On Wednesday, January 11th, Wayne Cohen sold 5,889 shares of Sculptor Capital Management stock. The stock was sold at an average price of $8.78, for a total transaction of $51,705.42.
• On Monday, January 9th, Wayne Cohen sold 3,000 shares of Sculptor Capital Management stock. The stock was sold at an average price of $9.46, for a total transaction of $28,380.00.

Sculptor Capital Management Trading Down 1.9 %

NYSE SCU opened at $8.67 on Wednesday. Sculptor Capital Management, Inc. has a one year low of $7.90 and a one year high of $20.93. The company’s 50 day moving average price is $9.27 and its 200 day moving average price is $9.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.82 and a current ratio of 1.82. The firm has a market capitalization of $543.57 million, a price-to-earnings ratio of -3.05 and a beta of 1.67.

Sculptor Capital Management (NYSE:SCU – Get Rating) last posted its quarterly earnings results on Tuesday, November 8th. The company reported $0.01 EPS for the quarter. Sculptor Capital Management had a net margin of 1.16% and a return on equity of 1.44%. The firm had revenue of $71.45 million for the quarter. On average, sell-side analysts predict that Sculptor Capital Management, Inc. will post 1.44 EPS for the current year.

Sculptor Capital Management Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 28th. Investors of record on Monday, November 21st were issued a $0.01 dividend. The ex-dividend date was Friday, November 18th. This represents a $0.04 annualized dividend and a yield of 0.46%. Sculptor Capital Management’s payout ratio is -1.41%.

Institutional Trading of Sculptor Capital Management

Large investors have recently bought and sold shares of the company. Amalgamated Bank acquired a new stake in Sculptor Capital Management in the first quarter valued at approximately $37,000. Nisa Investment Advisors LLC acquired a new stake in Sculptor Capital Management in the second quarter valued at approximately $28,000. UBS Group AG grew its position in Sculptor Capital Management by 918.3% in the third quarter. UBS Group AG now owns 3,564 shares of the company’s stock valued at $31,000 after acquiring an additional 3,214 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Sculptor Capital Management by 746.3% in the third quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the company’s stock valued at $34,000 after acquiring an additional 3,388 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in Sculptor Capital Management by 280.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 5,717 shares of the company’s stock valued at $50,000 after acquiring an additional 4,214 shares in the last quarter. Institutional investors and hedge funds own 17.17% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Credit Suisse Group upgraded shares of Sculptor Capital Management from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $8.50 to $12.50 in a report on Monday, November 21st.

About Sculptor Capital Management

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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.