Sculptor Capital Management, Inc. (NYSE:SCU – Get 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
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
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.
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