Nuveen LLC Makes New Investment in AlTi Global, Inc. $ALTI

Nuveen LLC bought a new position in AlTi Global, Inc. (NASDAQ:ALTI) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 52,080 shares of the basic materials company’s stock, valued at approximately $158,000.

Several other hedge funds also recently bought and sold shares of ALTI. Wells Fargo & Company MN increased its holdings in shares of AlTi Global by 30.8% during the 4th quarter. Wells Fargo & Company MN now owns 20,245 shares of the basic materials company’s stock valued at $89,000 after acquiring an additional 4,764 shares during the last quarter. Barclays PLC increased its holdings in shares of AlTi Global by 16.7% during the 4th quarter. Barclays PLC now owns 51,874 shares of the basic materials company’s stock valued at $229,000 after acquiring an additional 7,417 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in AlTi Global during the 4th quarter valued at approximately $44,000. Northern Trust Corp boosted its stake in AlTi Global by 2.5% during the 4th quarter. Northern Trust Corp now owns 336,209 shares of the basic materials company’s stock valued at $1,483,000 after purchasing an additional 8,113 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in AlTi Global during the 4th quarter valued at approximately $25,000. 3.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ALTI has been the subject of a number of research reports. Wall Street Zen upgraded AlTi Global from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 22nd. Zacks Research upgraded AlTi Global to a “strong sell” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

AlTi Global Stock Down 2.6%

Shares of AlTi Global stock opened at $4.14 on Friday. AlTi Global, Inc. has a 12 month low of $2.33 and a 12 month high of $5.00. The stock has a market cap of $607.13 million, a PE ratio of -2.30 and a beta of 0.81. The business has a fifty day simple moving average of $4.27 and a 200 day simple moving average of $3.67.

AlTi Global Profile

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.