Associated Capital Group Inc (AC) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in shares of Associated Capital Group Inc (NYSE:AC) by 219.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,370 shares of the financial services provider’s stock after buying an additional 20,172 shares during the period. Dimensional Fund Advisors LP owned about 0.12% of Associated Capital Group worth $1,049,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AC. Nationwide Fund Advisors lifted its position in shares of Associated Capital Group by 15.1% during the 2nd quarter. Nationwide Fund Advisors now owns 3,073 shares of the financial services provider’s stock worth $104,000 after buying an additional 402 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Associated Capital Group by 70.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,495 shares of the financial services provider’s stock worth $187,000 after purchasing an additional 2,278 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Associated Capital Group by 28.8% during the 3rd quarter. Wells Fargo & Company MN now owns 7,473 shares of the financial services provider’s stock worth $267,000 after purchasing an additional 1,671 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Associated Capital Group by 3.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,160 shares of the financial services provider’s stock worth $277,000 after purchasing an additional 265 shares during the last quarter. Finally, Teachers Advisors LLC increased its stake in shares of Associated Capital Group by 11.1% during the 2nd quarter. Teachers Advisors LLC now owns 9,452 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 942 shares during the last quarter. Institutional investors and hedge funds own 14.02% of the company’s stock.

Shares of Associated Capital Group Inc (NYSE AC) traded up $0.45 during trading hours on Friday, reaching $34.20. 28,322 shares of the company’s stock traded hands, compared to its average volume of 15,616. Associated Capital Group Inc has a 1 year low of $32.20 and a 1 year high of $39.35. The company has a market cap of $810.54, a P/E ratio of -227.98 and a beta of 0.75.

Separately, Canaccord Genuity reiterated a “buy” rating and issued a $33.00 price objective on shares of Associated Capital Group in a research note on Monday, October 23rd.

WARNING: “Associated Capital Group Inc (AC) Shares Bought by Dimensional Fund Advisors LP” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/18/associated-capital-group-inc-ac-shares-bought-by-dimensional-fund-advisors-lp.html.

Associated Capital Group Company Profile

Associated Capital Group, Inc is a parent operating company for the spin-off of GAMCO Investors, Inc’s (GAMCO’s) alternative investment management business, institutional research services operations and certain cash and other assets. The Company, through its subsidiaries, provides alternative investment management services and institutional research services, as well as management of its investment portfolio.

Institutional Ownership by Quarter for Associated Capital Group (NYSE:AC)

Receive News & Ratings for Associated Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Associated Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply