2 days Ago By ABMN Staff
Quest Partners LLC purchased a new position in shares of BrightSphere Investment Group Inc. ( NYSE:BSIG – Free Report ) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 6,634 shares of the company’s stock, valued at approximately $147,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Gladius Capital Management LP purchased a new stake in shares of BrightSphere Investment Group during the 2nd quarter valued at $32,000. PNC Financial Services Group Inc.
boosted its stake in BrightSphere Investment Group by 29.3% in the 4th quarter. PNC Financial Services Group Inc.
now owns 4,885 shares of the company’s stock worth $94,000 after purchasing an additional 1,106 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in BrightSphere Investment Group by 67.9% during the 2nd quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 8,802 shares of the company’s stock valued at $195,000 after buying an additional 3,561 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new stake in shares of BrightSphere Investment Group during the first quarter valued at about $214,000.
Finally, State Board of Administration of Florida Retirement System purchased a new stake in shares of BrightSphere Investment Group in the first quarter worth about $265,000. 98.69% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Separately, StockNews.com lowered shares of BrightSphere Investment Group from a “buy” rating to a “hold” rating in a report on Monday, July 22nd. BrightSphere Investment Group Stock Up 2.
2 % BrightSphere Investment Group stock opened at $25.03 on Tuesday. The stock has a market cap of $927.
86 million, a price-to-earnings ratio of 15.26 and a beta of 1.42.
The business has a 50-day simple moving average of $23.82 and a 200 day simple moving average of $23.02.
BrightSphere Investment Group Inc. has a 52 week low of $15.23 and a 52 week high of $26.
57. BrightSphere Investment Group ( NYSE:BSIG – Get Free Report ) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.
45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02.
The company had revenue of $109.00 million during the quarter, compared to analyst estimates of $104.72 million.
BrightSphere Investment Group had a return on equity of 871.33% and a net margin of 15.00%.
During the same quarter in the previous year, the firm earned $0.28 earnings per share. On average, research analysts anticipate that BrightSphere Investment Group Inc.
will post 2.31 earnings per share for the current year. BrightSphere Investment Group Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th.
Stockholders of record on Friday, September 13th will be given a dividend of $0.01 per share. This represents a $0.
04 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Friday, September 13th.
BrightSphere Investment Group’s dividend payout ratio (DPR) is currently 2.44%. BrightSphere Investment Group Profile ( Free Report ) BrightSphere Investment Group 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. Featured Articles Want to see what other hedge funds are holding BSIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BrightSphere Investment Group Inc.
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