Headlines about Silvercrest Asset Management Group (NASDAQ:SAMG) have trended positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Silvercrest Asset Management Group earned a news impact score of 0.47 on Accern’s scale. Accern also gave media coverage about the asset manager an impact score of 46.6398499764286 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Silvercrest Asset Management Group (NASDAQ:SAMG) traded up $0.25 during trading on Friday, hitting $15.50. 6,600 shares of the stock were exchanged, compared to its average volume of 10,554. Silvercrest Asset Management Group has a fifty-two week low of $11.85 and a fifty-two week high of $16.80. The stock has a market capitalization of $201.32, a price-to-earnings ratio of 17.33 and a beta of 1.29.
Silvercrest Asset Management Group (NASDAQ:SAMG) last released its earnings results on Wednesday, November 1st. The asset manager reported $0.24 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.24. Silvercrest Asset Management Group had a net margin of 7.61% and a return on equity of 17.71%. The business had revenue of $22.85 million during the quarter.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 15th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.10%. The ex-dividend date is Thursday, December 14th. Silvercrest Asset Management Group’s dividend payout ratio (DPR) is presently 58.54%.
In other news, major shareholder Marital Trust Under Article 7T sold 18,300 shares of the stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $14.53, for a total transaction of $265,899.00. Following the sale, the insider now owns 927,003 shares of the company’s stock, valued at $13,469,353.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian D. Dunn bought 5,000 shares of Silvercrest Asset Management Group stock in a transaction that occurred on Monday, September 11th. The stock was purchased at an average cost of $13.28 per share, for a total transaction of $66,400.00. Following the acquisition, the director now owns 5,000 shares of the company’s stock, valued at $66,400. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 67,750 shares of company stock valued at $999,322. 9.56% of the stock is currently owned by insiders.
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Silvercrest Asset Management Group Company Profile
Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.
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