Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Zacks has also assigned Silvercrest Asset Management Group an industry rank of 62 out of 265 based on the ratings given to related companies.

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Silvercrest Asset Management Group (SAMG) opened at 13.40 on Thursday. Silvercrest Asset Management Group has a 52 week low of $11.07 and a 52 week high of $14.55. The company has a market cap of $108.55 million, a P/E ratio of 20.00 and a beta of 1.29. The firm has a 50-day moving average price of $13.40 and a 200-day moving average price of $13.36.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in Silvercrest Asset Management Group by 24.8% in the second quarter. Russell Investments Group Ltd. now owns 85,000 shares of the asset manager’s stock worth $1,143,000 after buying an additional 16,900 shares in the last quarter. Cadence Capital Management LLC boosted its position in Silvercrest Asset Management Group by 4.4% in the first quarter. Cadence Capital Management LLC now owns 94,237 shares of the asset manager’s stock worth $1,253,000 after buying an additional 3,931 shares in the last quarter. Pacific Ridge Capital Partners LLC boosted its position in Silvercrest Asset Management Group by 253.6% in the first quarter. Pacific Ridge Capital Partners LLC now owns 195,247 shares of the asset manager’s stock worth $2,597,000 after buying an additional 140,037 shares in the last quarter. Boston Partners boosted its position in Silvercrest Asset Management Group by 1.4% in the first quarter. Boston Partners now owns 532,101 shares of the asset manager’s stock worth $7,077,000 after buying an additional 7,585 shares in the last quarter. Finally, First Bank & Trust boosted its position in Silvercrest Asset Management Group by 22.1% in the first quarter. First Bank & Trust now owns 9,119 shares of the asset manager’s stock worth $121,000 after buying an additional 1,651 shares in the last quarter. 73.58% of the stock is currently owned by hedge funds and other institutional investors.

Silvercrest Asset Management Group Company Profile

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.

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