Sculptor Capital Management, I Sells 7,526 Shares of Sculptor Capital Management, Inc. (NYSE:SCU) Stock

Sculptor Capital Management, Inc. (NYSE:SCUGet Rating) major shareholder Sculptor Capital Management, I sold 7,526 shares of Sculptor Capital Management stock in a transaction dated Thursday, March 2nd. The shares were sold at an average price of $11.19, for a total value of $84,215.94. Following the sale, the insider now directly owns 45,225 shares in the company, valued at $506,067.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Sculptor Capital Management Stock Performance

NYSE:SCU opened at $9.88 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.82 and a quick ratio of 1.82. Sculptor Capital Management, Inc. has a one year low of $7.90 and a one year high of $14.41. The company has a market cap of $619.38 million, a PE ratio of -4.33 and a beta of 1.72. The firm has a 50-day moving average of $8.98 and a 200-day moving average of $9.33.

Sculptor Capital Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 21st. Shareholders of record on Tuesday, March 14th will be issued a dividend of $0.20 per share. This is a positive change from Sculptor Capital Management’s previous quarterly dividend of $0.01. This represents a $0.80 dividend on an annualized basis and a yield of 8.10%. The ex-dividend date is Monday, March 13th. Sculptor Capital Management’s payout ratio is currently -1.75%.

Analyst Ratings Changes

Separately, Credit Suisse Group upped their target price on Sculptor Capital Management from $12.50 to $13.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 1st.

Institutional Trading of Sculptor Capital Management

Several institutional investors and hedge funds have recently modified their holdings of the stock. Nisa Investment Advisors LLC purchased a new position in shares of Sculptor Capital Management during the second quarter valued at approximately $28,000. UBS Group AG lifted its stake in Sculptor Capital Management by 918.3% during the 3rd quarter. UBS Group AG now owns 3,564 shares of the company’s stock valued at $31,000 after acquiring an additional 3,214 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Sculptor Capital Management by 746.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the company’s stock worth $34,000 after acquiring an additional 3,388 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Sculptor Capital Management by 280.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,717 shares of the company’s stock worth $50,000 after acquiring an additional 4,214 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Sculptor Capital Management by 463.3% in the fourth quarter. Barclays PLC now owns 6,889 shares of the company’s stock valued at $60,000 after purchasing an additional 5,666 shares during the last quarter. 17.17% of the stock is owned by hedge funds and other institutional investors.

Sculptor Capital Management Company Profile

(Get Rating)

Sculptor Capital Management, Inc is a holding company that engages in the provision of asset management services and investment products across Multi-Strategy, Credit, and Real Estate. It serves clients through commingled funds, separate accounts and specialized products, as well as sponsoring a special purpose acquisition vehicle.

See Also

Insider Buying and Selling by Quarter for Sculptor Capital Management (NYSE:SCU)

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