Acadian Asset Management (NYSE:AAMI) Announces Quarterly Earnings Results

Acadian Asset Management (NYSE:AAMI) announced its quarterly earnings data on Thursday. The company reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.27, Zacks reports. Acadian Asset Management had a return on equity of 1,000.27% and a net margin of 16.81%.

Acadian Asset Management Stock Performance

Shares of NYSE AAMI opened at $25.25 on Friday. Acadian Asset Management has a 1 year low of $20.28 and a 1 year high of $31.52. The stock has a market capitalization of $942.33 million, a PE ratio of 11.27 and a beta of 1.46.

Acadian Asset Management Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a $0.01 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.04 dividend on an annualized basis and a yield of 0.16%. Acadian Asset Management’s payout ratio is 1.79%.

Acadian Asset Management Company Profile

Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.