Silvercrest Asset Management Group (NASDAQ:SAMG) Getting Positive Media Coverage, Study Finds

Press coverage about Silvercrest Asset Management Group (NASDAQ:SAMG) has trended positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silvercrest Asset Management Group earned a media sentiment score of 0.47 on Accern’s scale. Accern also assigned headlines about the asset manager an impact score of 46.6398499764286 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Silvercrest Asset Management Group (NASDAQ SAMG) opened at $14.70 on Friday. The company has a market capitalization of $197.35, a P/E ratio of 16.99 and a beta of 1.29. Silvercrest Asset Management Group has a twelve month low of $11.85 and a twelve month high of $16.80.

Silvercrest Asset Management Group (NASDAQ:SAMG) last issued its quarterly earnings data on Wednesday, November 1st. The asset manager reported $0.24 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.24. The business had revenue of $22.85 million for the quarter. Silvercrest Asset Management Group had a return on equity of 17.71% and a net margin of 7.61%.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 15th will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.48 annualized dividend and a dividend yield of 3.27%. Silvercrest Asset Management Group’s dividend payout ratio (DPR) is 58.54%.

In other news, major shareholder Marital Trust Under Article 7T sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $14.51, for a total transaction of $36,275.00. Following the sale, the insider now directly owns 927,003 shares of the company’s stock, valued at approximately $13,450,813.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 67,750 shares of company stock worth $999,322 over the last ninety days. Insiders own 9.56% of the company’s stock.

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About Silvercrest Asset Management Group

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.

Insider Buying and Selling by Quarter for Silvercrest Asset Management Group (NASDAQ:SAMG)

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