Allianz Asset Management GmbH Has $3.20 Million Holdings in Acadian Asset Management Inc. $AAMI

Allianz Asset Management GmbH boosted its position in shares of Acadian Asset Management Inc. (NYSE:AAMI) by 100.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,430 shares of the company’s stock after buying an additional 33,269 shares during the period. Allianz Asset Management GmbH owned approximately 0.19% of Acadian Asset Management worth $3,199,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AAMI. Paulson & CO. Inc. bought a new stake in shares of Acadian Asset Management during the 2nd quarter valued at approximately $315,402,000. Jennison Associates LLC acquired a new stake in Acadian Asset Management during the 2nd quarter worth approximately $73,690,000. Impax Asset Management Group plc bought a new stake in shares of Acadian Asset Management in the second quarter worth $35,240,000. William Blair Investment Management LLC bought a new stake in shares of Acadian Asset Management in the 2nd quarter valued at about $25,094,000. Finally, Geode Capital Management LLC bought a new stake in Acadian Asset Management in the second quarter valued at approximately $22,116,000. Institutional investors own 98.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AAMI shares. Evercore set a $52.00 price target on Acadian Asset Management in a report on Thursday, November 6th. Royal Bank Of Canada boosted their target price on shares of Acadian Asset Management from $52.00 to $54.00 and gave the stock a “sector perform” rating in a research report on Friday, February 6th. Wall Street Zen raised Acadian Asset Management from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Morgan Stanley increased 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, February 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Acadian Asset Management in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $52.00.

Acadian Asset Management Stock Performance

NYSE AAMI opened at $51.84 on Thursday. The stock has a 50 day moving average price of $50.59 and a 200-day moving average price of $47.73. Acadian Asset Management Inc. has a one year low of $22.60 and a one year high of $56.46. The company has a market capitalization of $1.85 billion, a P/E ratio of 23.46 and a beta of 1.31.

Acadian Asset Management (NYSE:AAMI) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.32 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.06). Acadian Asset Management had a return on equity of 165.86% and a net margin of 14.19%.The company had revenue of $169.70 million for the quarter. As a group, equities analysts predict that Acadian Asset Management Inc. will post 2.78 EPS for the current fiscal year.

Acadian Asset Management Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a $0.10 dividend. The ex-dividend date is Friday, March 13th. This is a boost from Acadian Asset Management’s previous quarterly dividend of $0.01. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. Acadian Asset Management’s dividend payout ratio (DPR) is currently 1.81%.

About Acadian Asset Management

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.