Acadian Asset Management (NYSE:AAMI) Rating Increased to Buy at Wall Street Zen

Acadian Asset Management (NYSE:AAMIGet Free Report) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other equities analysts have also recently issued reports on the company. Evercore set a $52.00 target price on Acadian Asset Management in a report on Thursday, November 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Acadian Asset Management in a research report on Monday, December 29th. Royal Bank Of Canada lifted their price target on Acadian Asset Management from $52.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, Morgan Stanley upped their price objective on shares of Acadian Asset Management from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $52.00.

Check Out Our Latest Report on AAMI

Acadian Asset Management Stock Performance

Shares of AAMI opened at $51.05 on Friday. Acadian Asset Management has a one year low of $22.60 and a one year high of $56.46. The stock’s fifty day moving average is $50.15 and its 200-day moving average is $47.43. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 23.10 and a beta of 1.31.

Acadian Asset Management (NYSE:AAMIGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The company reported $1.32 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). Acadian Asset Management had a net margin of 14.19% and a return on equity of 165.86%. The company had revenue of $169.70 million for the quarter. Analysts forecast that Acadian Asset Management will post 2.78 EPS for the current fiscal year.

Institutional Investors Weigh In On Acadian Asset Management

A number of hedge funds and other institutional investors have recently made changes to their positions in AAMI. Paulson & CO. Inc. bought a new stake in shares of Acadian Asset Management in the 2nd quarter valued at approximately $315,402,000. Jennison Associates LLC bought a new stake in Acadian Asset Management in the second quarter worth approximately $73,690,000. Impax Asset Management Group plc acquired a new position in shares of Acadian Asset Management during the 2nd quarter worth $35,240,000. William Blair Investment Management LLC acquired a new position in shares of Acadian Asset Management during the 2nd quarter worth $25,094,000. Finally, Geode Capital Management LLC bought a new position in shares of Acadian Asset Management during the 2nd quarter valued at $22,116,000. 98.69% of the stock is owned by hedge funds and other institutional investors.

Acadian Asset Management News Summary

Here are the key news stories impacting Acadian Asset Management this week:

  • Positive Sentiment: Management announced a large dividend increase — quarterly dividend raised to $0.10 (annualized yield ~0.8%), up 900% from the prior $0.01 payment, with record date March 13 and pay date March 27. The move signals confidence in cash flow and is likely supporting the stock.
  • Positive Sentiment: Company reported strong client flows and AUM momentum: $5.4B of Q4 net client inflows and record assets under management, which supports revenue growth prospects and recurring fee income. Acadian signals continued positive momentum
  • Positive Sentiment: Analyst update: Royal Bank of Canada raised its price target from $52 to $54 and maintained a “sector perform” rating, giving modest upside vs. recent levels and likely adding buying interest. RBC raises price target
  • Neutral Sentiment: Investors can review the full Q4 presentation and earnings call transcript for details on guidance, margin drivers and pipeline; slides and multiple transcripts are available. Q4 slide deck Earnings call transcript
  • Negative Sentiment: Q4 results slightly missed consensus: EPS $1.32 vs. $1.38 estimate and revenue $169.7M — the miss is a short-term negative catalyst and explains some sell-side caution despite strong flows. AAMI misses Q4 estimates

About Acadian Asset Management

(Get Free Report)

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.

Read More

Analyst Recommendations for Acadian Asset Management (NYSE:AAMI)

Receive News & Ratings for Acadian Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadian Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.