Blair William & Co. IL Grows Stake in GCM Grosvenor Inc. $GCMG

Blair William & Co. IL boosted its stake in shares of GCM Grosvenor Inc. (NASDAQ:GCMG) by 11.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 937,069 shares of the company’s stock after acquiring an additional 97,863 shares during the quarter. Blair William & Co. IL owned about 0.48% of GCM Grosvenor worth $11,310,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of GCMG. CWM LLC increased its position in GCM Grosvenor by 83.6% during the third quarter. CWM LLC now owns 4,199 shares of the company’s stock valued at $51,000 after acquiring an additional 1,912 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in GCM Grosvenor by 308.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,776 shares of the company’s stock valued at $67,000 after purchasing an additional 4,362 shares during the last quarter. Legal & General Group Plc grew its holdings in GCM Grosvenor by 96.8% during the 2nd quarter. Legal & General Group Plc now owns 8,638 shares of the company’s stock valued at $100,000 after purchasing an additional 4,249 shares during the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of GCM Grosvenor during the second quarter valued at approximately $173,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of GCM Grosvenor during the third quarter valued at approximately $175,000. 99.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

GCMG has been the topic of several recent analyst reports. Wall Street Zen upgraded GCM Grosvenor from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Weiss Ratings lowered shares of GCM Grosvenor from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Finally, Oppenheimer reissued an “outperform” rating and issued a $24.00 price objective on shares of GCM Grosvenor in a research report on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Insider Transactions at GCM Grosvenor

In other news, CFO Pamela L. Bentley sold 40,000 shares of GCM Grosvenor stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $11.61, for a total value of $464,400.00. Following the transaction, the chief financial officer directly owned 43,309 shares in the company, valued at approximately $502,817.49. This trade represents a 48.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 77.30% of the company’s stock.

GCM Grosvenor Price Performance

GCMG opened at $11.22 on Tuesday. GCM Grosvenor Inc. has a 12-month low of $9.86 and a 12-month high of $13.55. The business’s fifty day simple moving average is $11.43 and its 200-day simple moving average is $11.69. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 30.32 and a beta of 0.80. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 3.36.

GCM Grosvenor (NASDAQ:GCMG) last issued its earnings results on Tuesday, February 10th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.07. The company had revenue of $177.10 million for the quarter, compared to analysts’ expectations of $160.20 million. GCM Grosvenor had a net margin of 8.14% and a return on equity of 2,505.59%. On average, equities research analysts anticipate that GCM Grosvenor Inc. will post 0.64 earnings per share for the current fiscal year.

GCM Grosvenor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a $0.12 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 4.3%. GCM Grosvenor’s payout ratio is 129.73%.

GCM Grosvenor Profile

GCM Grosvenor is a global alternative asset management firm that specializes in customized investment solutions across a range of private markets and hedge fund strategies. The firm partners with institutional clients—including pension funds, endowments, insurers and sovereign wealth funds—to design and implement portfolios that span private equity, infrastructure, real estate, credit and multi‐strategy hedge fund products. Through its multi‐manager platforms and direct co‐investment vehicles, GCM Grosvenor provides diversified access to opportunities that can enhance returns and manage risk in client portfolios.

Founded in 1971 as Grosvenor Capital Management, the firm has built a track record of sourcing, structuring and monitoring alternative investments on behalf of its clients.