Acadian Asset Management (NYSE:AAMI) Issues 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 7,606.72% and a net margin of 13.92%.

Acadian Asset Management Trading Up 4.3 %

NYSE AAMI traded up $1.05 during mid-day trading on Thursday, hitting $25.20. The company’s stock had a trading volume of 73,451 shares, compared to its average volume of 159,264. Acadian Asset Management has a twelve month low of $20.28 and a twelve month high of $31.52. The company has a market cap of $940.46 million, a P/E ratio of 15.27 and a beta of 1.46.

About Acadian Asset Management

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.