Associated Capital Group Inc (AC) Stake Lowered by Royce & Associates LP

Royce & Associates LP trimmed its position in shares of Associated Capital Group Inc (NYSE:AC) by 4.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202,628 shares of the financial services provider’s stock after selling 10,484 shares during the period. Royce & Associates LP owned 0.88% of Associated Capital Group worth $8,622,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in AC. Dimensional Fund Advisors LP grew its position in Associated Capital Group by 58.2% during the third quarter. Dimensional Fund Advisors LP now owns 70,768 shares of the financial services provider’s stock worth $3,010,000 after buying an additional 26,048 shares in the last quarter. Mad River Investors grew its position in Associated Capital Group by 4.7% during the third quarter. Mad River Investors now owns 144,175 shares of the financial services provider’s stock worth $6,135,000 after buying an additional 6,525 shares in the last quarter. Russell Investments Group Ltd. grew its position in Associated Capital Group by 1,064.1% during the third quarter. Russell Investments Group Ltd. now owns 20,173 shares of the financial services provider’s stock worth $858,000 after buying an additional 18,440 shares in the last quarter. Paloma Partners Management Co acquired a new stake in Associated Capital Group during the second quarter worth approximately $224,000. Finally, Renaissance Technologies LLC grew its position in Associated Capital Group by 22.2% during the second quarter. Renaissance Technologies LLC now owns 41,800 shares of the financial services provider’s stock worth $1,586,000 after buying an additional 7,600 shares in the last quarter. Hedge funds and other institutional investors own 13.27% of the company’s stock.

Shares of NYSE:AC opened at $40.47 on Friday. Associated Capital Group Inc has a 1 year low of $33.40 and a 1 year high of $46.86.

The business also recently declared a semiannual dividend, which will be paid on Wednesday, January 9th. Investors of record on Wednesday, December 26th will be given a dividend of $0.10 per share. This represents a yield of 0.44%. The ex-dividend date is Monday, December 24th.

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About Associated Capital Group

Associated Capital Group, Inc provides investment advisory and asset management services in the United States. It offers alternative investment management, institutional research, and underwriting services. The company was founded in 2015 and is headquartered in Rye, New York.

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

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