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Analysts at Keefe, Bruyette & Woods increased their price objective on shares of Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) from $9.75 to $11.00 in a research report issued to clients and investors on Friday, Analyst RN reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential downside of 5.90% from the company’s current price.

In other Calamos Asset Management Inc. Shs -A- news, CEO John Sr Calamos, Sr. bought 12,187 shares of Calamos Asset Management Inc. Shs -A- stock in a transaction dated Wednesday, January 8th. The shares were purchased at an average price of $11.49 per share, for a total transaction of $140,028.63. Following the transaction, the chief executive officer now directly owns 1,847,193 shares of the company’s stock, valued at approximately $21,224,248. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) traded down 0.09% on Friday, hitting $11.69. 119,925 shares of the company’s stock traded hands. Calamos Asset Management Inc. Shs -A- has a 1-year low of $9.46 and a 1-year high of $12.26. The stock’s 50-day moving average is $11.24 and its 200-day moving average is $10.49. The company has a market cap of $240.0 million and a price-to-earnings ratio of 19.47.

Calamos Asset Management Inc. Shs -A- (NASDAQ:CLMS) last announced its earnings results on Tuesday, October 22nd. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.13 by $0.07. The company had revenue of $65.00 million for the quarter, compared to the consensus estimate of $64.02 million. During the same quarter last year, the company posted $0.31 earnings per share. Calamos Asset Management Inc. Shs -A-’s revenue was down 20.5% compared to the same quarter last year. Analysts expect that Calamos Asset Management Inc. Shs -A- will post $0.51 EPS for the current fiscal year.

Calamos Asset Management, Inc (NASDAQ:CLMS) is a holding company.

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