Epoch Investment Partners Inc. Trims Holdings in General American Investors, Inc. $GAM

Epoch Investment Partners Inc. reduced its holdings in shares of General American Investors, Inc. (NYSE:GAM) by 21.2% in the second quarter, HoldingsChannel reports. The fund owned 49,195 shares of the investment management company’s stock after selling 13,221 shares during the period. Epoch Investment Partners Inc.’s holdings in General American Investors were worth $2,757,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its holdings in General American Investors by 10.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 367,595 shares of the investment management company’s stock worth $20,600,000 after purchasing an additional 33,338 shares during the period. Sit Investment Associates Inc. boosted its position in shares of General American Investors by 3.8% in the 1st quarter. Sit Investment Associates Inc. now owns 248,197 shares of the investment management company’s stock worth $12,502,000 after purchasing an additional 9,147 shares in the last quarter. Royal Bank of Canada grew its stake in shares of General American Investors by 38.3% in the 1st quarter. Royal Bank of Canada now owns 195,963 shares of the investment management company’s stock worth $9,871,000 after buying an additional 54,223 shares during the last quarter. Advisors Asset Management Inc. increased its position in General American Investors by 3.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 80,706 shares of the investment management company’s stock valued at $4,523,000 after buying an additional 2,676 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in General American Investors by 79,052.6% during the first quarter. Jones Financial Companies Lllp now owns 45,117 shares of the investment management company’s stock valued at $2,106,000 after buying an additional 45,060 shares during the last quarter. Institutional investors own 36.85% of the company’s stock.

General American Investors Price Performance

General American Investors stock opened at $59.19 on Friday. General American Investors, Inc. has a 12 month low of $41.80 and a 12 month high of $64.40. The business’s fifty day simple moving average is $61.53 and its two-hundred day simple moving average is $58.90.

General American Investors Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, December 26th. Investors of record on Monday, November 17th will be paid a $6.40 dividend. This represents a yield of 1,125.0%. The ex-dividend date is Monday, November 17th. This is a positive change from General American Investors’s previous annual dividend of $0.45.

General American Investors Profile

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.