WINTON GROUP Ltd Raises Position in EnerSys (ENS)

WINTON GROUP Ltd lifted its stake in EnerSys (NYSE:ENS) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with …

EnerSys logoWINTON GROUP Ltd lifted its stake in EnerSys (NYSE:ENS) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,319 shares of the industrial products company’s stock after purchasing an additional 21,841 shares during the period. WINTON GROUP Ltd owned 0.32% of EnerSys worth $10,502,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ENS. First Hawaiian Bank acquired a new stake in EnerSys during the 3rd quarter worth $175,000. Hartford Investment Management Co. bought a new position in shares of EnerSys during the third quarter worth $209,000. Parametrica Management Ltd bought a new position in shares of EnerSys during the third quarter worth $210,000. Jane Street Group LLC bought a new position in shares of EnerSys during the third quarter worth $239,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of EnerSys by 276.0% during the third quarter. Tower Research Capital LLC TRC now owns 3,869 shares of the industrial products company’s stock worth $337,000 after purchasing an additional 2,840 shares in the last quarter. 97.64% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently weighed in on ENS. Oppenheimer reissued a “buy” rating on shares of EnerSys in a research report on Tuesday, October 30th. ValuEngine cut shares of EnerSys from a “buy” rating to a “hold” rating in a research report on Tuesday, October 23rd. William Blair raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $71.77 price target on the stock in a research report on Thursday, December 20th. Sidoti set a $106.00 price target on shares of EnerSys and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Finally, Zacks Investment Research cut shares of EnerSys from a “buy” rating to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $93.55.

In related news, insider Todd M. Sechrist sold 24,039 shares of the business’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $70.58, for a total value of $1,696,672.62. Following the sale, the insider now directly owns 41,244 shares of the company’s stock, valued at approximately $2,911,001.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Shares of NYSE ENS opened at $76.83 on Friday. The firm has a market cap of $3.31 billion, a PE ratio of 16.52, a PEG ratio of 1.51 and a beta of 1.39. EnerSys has a twelve month low of $65.93 and a twelve month high of $89.83. The company has a current ratio of 2.91, a quick ratio of 2.00 and a debt-to-equity ratio of 0.83.

EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, February 6th. The industrial products company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.24 by ($0.07). The company had revenue of $680.00 million during the quarter, compared to the consensus estimate of $685.80 million. EnerSys had a net margin of 7.26% and a return on equity of 16.55%. The company’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.25 earnings per share. As a group, equities analysts anticipate that EnerSys will post 4.93 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be given a $0.175 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.70 annualized dividend and a yield of 0.91%. EnerSys’s dividend payout ratio is currently 15.05%.

COPYRIGHT VIOLATION WARNING: “WINTON GROUP Ltd Raises Position in EnerSys (ENS)” was first published by Modern Readers and is owned by of Modern Readers. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at https://www.modernreaders.com/news/2019/02/16/winton-group-ltd-raises-position-in-enersys-ens.html.

EnerSys Company Profile

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

See Also: Bond

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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Brightworth Sells 627 Shares of BlackRock, Inc. (BLK)

Brightworth lessened its holdings in shares of BlackRock, Inc. (NYSE:BLK) by 4.5% during the 4th quarter, according to its most recent 13F filing with …

BlackRock logoBrightworth lessened its holdings in shares of BlackRock, Inc. (NYSE:BLK) by 4.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,187 shares of the asset manager’s stock after selling 627 shares during the period. BlackRock accounts for approximately 1.2% of Brightworth’s investment portfolio, making the stock its 25th biggest holding. Brightworth’s holdings in BlackRock were worth $5,180,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Private Ocean LLC raised its holdings in BlackRock by 620.0% during the fourth quarter. Private Ocean LLC now owns 72 shares of the asset manager’s stock worth $28,000 after purchasing an additional 62 shares during the last quarter. Evolution Wealth Advisors LLC acquired a new position in BlackRock during the fourth quarter worth $33,000. Legacy Financial Advisors Inc. raised its holdings in BlackRock by 125.6% during the fourth quarter. Legacy Financial Advisors Inc. now owns 88 shares of the asset manager’s stock worth $35,000 after purchasing an additional 49 shares during the last quarter. Highwater Wealth Management LLC acquired a new position in BlackRock during the fourth quarter worth $41,000. Finally, Clean Yield Group acquired a new position in shares of BlackRock in the fourth quarter worth $59,000. 86.05% of the stock is currently owned by institutional investors.

Shares of BLK opened at $431.95 on Friday. The stock has a market capitalization of $68.12 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 1.62 and a beta of 1.37. BlackRock, Inc. has a one year low of $360.79 and a one year high of $578.80. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.76.

BlackRock (NYSE:BLK) last announced its quarterly earnings data on Wednesday, January 16th. The asset manager reported $6.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $6.35 by ($0.27). BlackRock had a net margin of 30.32% and a return on equity of 13.53%. The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same quarter in the previous year, the company earned $6.24 EPS. The company’s quarterly revenue was down 8.8% compared to the same quarter last year. On average, research analysts anticipate that BlackRock, Inc. will post 26 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Stockholders of record on Wednesday, March 6th will be given a dividend of $3.30 per share. This represents a $13.20 dividend on an annualized basis and a dividend yield of 3.06%. This is a boost from BlackRock’s previous quarterly dividend of $3.13. The ex-dividend date is Tuesday, March 5th. BlackRock’s dividend payout ratio is presently 46.49%.

A number of equities analysts have recently weighed in on BLK shares. ValuEngine raised BlackRock from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st. Morgan Stanley dropped their target price on BlackRock from $554.00 to $514.00 and set an “overweight” rating for the company in a research note on Wednesday, November 14th. Deutsche Bank dropped their target price on BlackRock from $458.00 to $444.00 and set a “buy” rating for the company in a research note on Friday, November 16th. Bank of America reiterated a “buy” rating and issued a $478.00 target price (down from $525.00) on shares of BlackRock in a research note on Thursday, December 6th. Finally, Citigroup dropped their target price on BlackRock from $500.00 to $450.00 and set a “buy” rating for the company in a research note on Wednesday, December 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the stock. BlackRock has a consensus rating of “Buy” and an average target price of $503.03.

In other BlackRock news, Chairman Laurence Fink sold 44,000 shares of the stock in a transaction on Monday, February 11th. The stock was sold at an average price of $412.75, for a total transaction of $18,161,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Gary Shedlin sold 5,400 shares of the stock in a transaction on Thursday, January 31st. The shares were sold at an average price of $410.74, for a total value of $2,217,996.00. The disclosure for this sale can be found here. Insiders have sold a total of 135,617 shares of company stock worth $56,380,301 over the last quarter. Insiders own 1.75% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Brightworth Sells 627 Shares of BlackRock, Inc. (BLK)” was posted by Fairfield Current and is the property of of Fairfield Current. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.fairfieldcurrent.com/news/2019/02/16/brightworth-sells-627-shares-of-blackrock-inc-blk.html.

About BlackRock

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

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Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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Aft Forsyth & Company Inc. Reduces Position in BlackRock, Inc. (BLK)

Aft Forsyth & Company Inc. reduced its position in shares of BlackRock, Inc. (NYSE:BLK) by 11.4% during the fourth quarter, according to the company …

BlackRock logoAft Forsyth & Company Inc. reduced its position in shares of BlackRock, Inc. (NYSE:BLK) by 11.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,287 shares of the asset manager’s stock after selling 293 shares during the quarter. Aft Forsyth & Company Inc.’s holdings in BlackRock were worth $898,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Exchange Capital Management Inc. raised its stake in shares of BlackRock by 3.0% in the third quarter. Exchange Capital Management Inc. now owns 12,588 shares of the asset manager’s stock worth $5,933,000 after purchasing an additional 367 shares during the last quarter. Bristlecone Advisors LLC raised its stake in shares of BlackRock by 51.3% in the third quarter. Bristlecone Advisors LLC now owns 6,667 shares of the asset manager’s stock worth $3,142,000 after purchasing an additional 2,260 shares during the last quarter. New Potomac Partners LLC raised its stake in shares of BlackRock by 4.4% in the third quarter. New Potomac Partners LLC now owns 5,332 shares of the asset manager’s stock worth $2,513,000 after purchasing an additional 225 shares during the last quarter. First Trust Advisors LP raised its stake in shares of BlackRock by 8.4% in the third quarter. First Trust Advisors LP now owns 142,435 shares of the asset manager’s stock worth $67,134,000 after purchasing an additional 11,002 shares during the last quarter. Finally, JGP Wealth Management LLC raised its stake in shares of BlackRock by 37.0% in the fourth quarter. JGP Wealth Management LLC now owns 8,887 shares of the asset manager’s stock worth $3,491,000 after purchasing an additional 2,398 shares during the last quarter. 86.05% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Jeff A. Smith sold 225 shares of the stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $431.01, for a total transaction of $96,977.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Gary Shedlin sold 5,400 shares of the stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $410.74, for a total value of $2,217,996.00. The disclosure for this sale can be found here. Insiders have sold 135,617 shares of company stock valued at $56,380,301 over the last ninety days. 1.75% of the stock is currently owned by company insiders.

Several analysts have recently commented on the company. Morgan Stanley set a $515.00 price objective on BlackRock and gave the stock a “buy” rating in a research note on Friday, February 8th. Jefferies Financial Group raised BlackRock from a “hold” rating to a “buy” rating and set a $405.36 price objective for the company in a research note on Tuesday, January 29th. Credit Suisse Group reissued a “buy” rating and issued a $532.00 price objective on shares of BlackRock in a research note on Thursday, January 17th. Argus reissued a “buy” rating on shares of BlackRock in a research note on Thursday, January 17th. Finally, Wells Fargo & Co reissued a “hold” rating and issued a $425.00 price objective (up from $410.00) on shares of BlackRock in a research note on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $503.03.

Shares of BLK opened at $431.95 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.07 and a quick ratio of 3.07. The company has a market cap of $67.41 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 1.62 and a beta of 1.37. BlackRock, Inc. has a 12 month low of $360.79 and a 12 month high of $578.80.

BlackRock (NYSE:BLK) last issued its quarterly earnings results on Wednesday, January 16th. The asset manager reported $6.08 EPS for the quarter, missing the Zacks’ consensus estimate of $6.35 by ($0.27). The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.47 billion. BlackRock had a net margin of 30.32% and a return on equity of 13.53%. The business’s revenue was down 8.8% compared to the same quarter last year. During the same period in the previous year, the business posted $6.24 earnings per share. On average, equities research analysts predict that BlackRock, Inc. will post 26 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Wednesday, March 6th will be given a dividend of $3.30 per share. This represents a $13.20 dividend on an annualized basis and a dividend yield of 3.06%. This is an increase from BlackRock’s previous quarterly dividend of $3.13. The ex-dividend date of this dividend is Tuesday, March 5th. BlackRock’s dividend payout ratio (DPR) is presently 46.49%.

TRADEMARK VIOLATION WARNING: This story was posted by Fairfield Current and is owned by of Fairfield Current. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.fairfieldcurrent.com/news/2019/02/16/aft-forsyth-company-inc-reduces-position-in-blackrock-inc-blk.html.

About BlackRock

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

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Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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Insider Selling: BlackRock, Inc. (BLK) CFO Sells 5400 Shares of Stock

BlackRock, Inc. (NYSE:BLK) CFO Gary Shedlin sold 5,400 shares of BlackRock stock in a transaction dated Thursday, January 31st. The shares were …

BlackRock logoBlackRock, Inc. (NYSE:BLK) CFO Gary Shedlin sold 5,400 shares of BlackRock stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $410.74, for a total transaction of $2,217,996.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Gary Shedlin also recently made the following trade(s):

  • On Tuesday, January 29th, Gary Shedlin sold 1,000 shares of BlackRock stock. The shares were sold at an average price of $410.00, for a total transaction of $410,000.00.

Shares of BLK stock opened at $431.95 on Friday. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.76. BlackRock, Inc. has a 12-month low of $360.79 and a 12-month high of $578.80. The firm has a market cap of $68.12 billion, a PE ratio of 16.04, a P/E/G ratio of 1.62 and a beta of 1.37.

BlackRock (NYSE:BLK) last issued its quarterly earnings data on Wednesday, January 16th. The asset manager reported $6.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $6.35 by ($0.27). BlackRock had a return on equity of 13.53% and a net margin of 30.32%. The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the prior year, the company earned $6.24 EPS. The firm’s revenue was down 8.8% on a year-over-year basis. On average, research analysts anticipate that BlackRock, Inc. will post 26 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Wednesday, March 6th will be issued a dividend of $3.30 per share. This is a boost from BlackRock’s previous quarterly dividend of $3.13. The ex-dividend date is Tuesday, March 5th. This represents a $13.20 annualized dividend and a yield of 3.06%. BlackRock’s dividend payout ratio is presently 46.49%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Capital World Investors lifted its stake in BlackRock by 1.8% in the third quarter. Capital World Investors now owns 8,353,670 shares of the asset manager’s stock valued at $3,937,335,000 after acquiring an additional 148,805 shares during the last quarter. Northern Trust Corp increased its position in BlackRock by 0.9% during the fourth quarter. Northern Trust Corp now owns 1,666,574 shares of the asset manager’s stock worth $654,663,000 after acquiring an additional 14,587 shares during the period. Geode Capital Management LLC increased its holdings in BlackRock by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 1,443,990 shares of the asset manager’s stock valued at $566,150,000 after buying an additional 60,941 shares during the period. Rehmann Capital Advisory Group increased its holdings in BlackRock by 51,763.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,084,461 shares of the asset manager’s stock valued at $2,300,000 after buying an additional 1,082,370 shares during the period. Finally, Capital International Investors bought a new position in BlackRock in the 3rd quarter valued at about $477,939,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

A number of equities analysts have commented on the stock. Zacks Investment Research lowered shares of BlackRock from a “hold” rating to a “sell” rating in a research report on Tuesday, January 8th. Morgan Stanley set a $515.00 target price on shares of BlackRock and gave the stock a “buy” rating in a research report on Friday, February 8th. Barclays reiterated a “buy” rating on shares of BlackRock in a research report on Thursday, January 10th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $472.00 price target on shares of BlackRock in a research note on Wednesday, January 9th. Finally, ValuEngine raised shares of BlackRock from a “sell” rating to a “hold” rating in a research note on Wednesday, October 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. BlackRock currently has an average rating of “Buy” and a consensus target price of $503.03.

WARNING: This piece of content was originally published by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://www.fairfieldcurrent.com/news/2019/02/16/blackrock-inc-blk-cfo-gary-shedlin-sells-5400-shares-of-stock.html.

BlackRock Company Profile

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

Featured Story: Ex-Dividend

Insider Buying and Selling by Quarter for BlackRock (NYSE:BLK)

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Analysts Offer Predictions for Affiliated Managers Group, Inc.’s Q4 2019 Earnings (AMG)

Two Sigma Investments LP grew its stake in Affiliated Managers Group by 189.3% in the 4th quarter. Two Sigma Investments LP now owns 531,567 …

Affiliated Managers Group logo

Affiliated Managers Group, Inc. (NYSE:AMG) – Equities researchers at William Blair raised their Q4 2019 EPS estimates for Affiliated Managers Group in a report released on Tuesday, February 5th, according to Zacks Investment Research. William Blair analyst C. Shutler now anticipates that the asset manager will post earnings of $4.08 per share for the quarter, up from their prior estimate of $4.07.

Affiliated Managers Group (NYSE:AMG) last posted its quarterly earnings results on Monday, February 4th. The asset manager reported $3.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.51 by $0.02. Affiliated Managers Group had a net margin of 10.24% and a return on equity of 18.11%. The company had revenue of $564.40 million for the quarter, compared to analyst estimates of $568.99 million. During the same quarter in the previous year, the firm posted $4.68 earnings per share. The company’s quarterly revenue was down 6.6% compared to the same quarter last year.

Other analysts have also issued research reports about the stock. Deutsche Bank lowered their price target on shares of Affiliated Managers Group from $164.00 to $158.00 and set a “buy” rating on the stock in a research report on Friday, November 16th. Citigroup lowered their price target on shares of Affiliated Managers Group from $195.00 to $140.00 and set a “buy” rating on the stock in a research report on Tuesday, October 30th. Bank of America reaffirmed a “buy” rating and set a $130.00 target price (down previously from $155.00) on shares of Affiliated Managers Group in a report on Thursday, December 6th. Barrington Research reaffirmed a “buy” rating and set a $135.00 target price on shares of Affiliated Managers Group in a report on Tuesday, January 8th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Affiliated Managers Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Affiliated Managers Group currently has an average rating of “Hold” and an average target price of $132.12.

NYSE AMG opened at $108.96 on Thursday. Affiliated Managers Group has a 12-month low of $88.46 and a 12-month high of $197.03. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.42 and a current ratio of 1.29. The company has a market capitalization of $5.74 billion, a PE ratio of 7.51, a price-to-earnings-growth ratio of 0.82 and a beta of 1.42.

A number of institutional investors have recently bought and sold shares of the stock. Kiltearn Partners LLP purchased a new position in Affiliated Managers Group in the 4th quarter worth approximately $81,521,000. Clarkston Capital Partners LLC purchased a new position in Affiliated Managers Group in the 4th quarter worth approximately $54,384,000. Two Sigma Investments LP grew its stake in Affiliated Managers Group by 189.3% in the 4th quarter. Two Sigma Investments LP now owns 531,567 shares of the asset manager’s stock worth $51,796,000 after buying an additional 347,822 shares in the last quarter. Ceredex Value Advisors LLC grew its stake in Affiliated Managers Group by 61.4% in the 3rd quarter. Ceredex Value Advisors LLC now owns 658,050 shares of the asset manager’s stock worth $89,969,000 after buying an additional 250,225 shares in the last quarter. Finally, Sirios Capital Management L P grew its stake in Affiliated Managers Group by 66.6% in the 3rd quarter. Sirios Capital Management L P now owns 480,569 shares of the asset manager’s stock worth $65,703,000 after buying an additional 192,084 shares in the last quarter. 94.23% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Dwight D. Churchill sold 2,034 shares of the company’s stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of $110.53, for a total transaction of $224,818.02. Following the sale, the director now owns 6,522 shares of the company’s stock, valued at approximately $720,876.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.91% of the company’s stock.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 14th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Wednesday, February 13th. This is a positive change from Affiliated Managers Group’s previous quarterly dividend of $0.30. Affiliated Managers Group’s dividend payout ratio is 8.83%.

Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc, through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments.

See Also: Earnings Per Share (EPS)

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Earnings History and Estimates for Affiliated Managers Group (NYSE:AMG)

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