Are Analysts Bullish OM Asset Management PLC (NYSE:OMAM) After Last Week?

July 18, 2017 - By reb123z

 Are Analysts Bullish OM Asset Management PLC (NYSE:OMAM) After Last Week?
Investors sentiment increased to 2.23 in 2016 Q4. Its up 0.94, from 1.29 in 2016Q3. It improved, as 9 investors sold OM Asset Management PLC shares while 26 reduced holdings. 30 funds opened positions while 48 raised stakes. 47.70 million shares or 38.55% more from 34.42 million shares in 2016Q3 were reported.
Legal General Group Public Ltd Co owns 14,016 shares or 0% of their US portfolio. Bnp Paribas Arbitrage has 0% invested in OM Asset Management PLC (NYSE:OMAM). Strs Ohio stated it has 0% in OM Asset Management PLC (NYSE:OMAM). The New York-based Art Advsrs Ltd Liability Com has invested 0.02% in OM Asset Management PLC (NYSE:OMAM). Gsa Cap Prtnrs Ltd Liability Partnership holds 0.22% in OM Asset Management PLC (NYSE:OMAM) or 249,379 shares. State Street has invested 0% in OM Asset Management PLC (NYSE:OMAM). 195,182 are held by Comerica State Bank. Barclays Public Limited holds 0% of its portfolio in OM Asset Management PLC (NYSE:OMAM) for 88,920 shares. Lord Abbett & Lc stated it has 0.05% of its portfolio in OM Asset Management PLC (NYSE:OMAM). Northcoast Asset Ltd has invested 0.18% in OM Asset Management PLC (NYSE:OMAM). Northern Tru holds 0% of its portfolio in OM Asset Management PLC (NYSE:OMAM) for 426,729 shares. Citigroup owns 101,364 shares for 0% of their portfolio. 47,747 were accumulated by Marshall Wace Llp. Millennium Ltd accumulated 1.42M shares. National Bank Of Mellon, New York-based fund reported 186,029 shares.

Since February 6, 2017, it had 0 insider buys, and 23 sales for $504.04 million activity. Shares for $108,476 were sold by Hadley Christopher on Monday, February 6. Riordan Aidan J sold $60,613 worth of stock. The insider BELGRAD STEPHEN sold $409,246. Gibson Linda T. also sold $135,271 worth of OM Asset Management PLC (NYSE:OMAM) on Monday, February 13. OM Group (UK) Ltd sold 11.41 million shares worth $174.64M. 25,123 OM Asset Management PLC (NYSE:OMAM) shares with value of $373,338 were sold by BAIN PETER L. 26 shares were sold by Legg Kyle P, worth $384.

OM Asset Management PLC (NYSE:OMAM) Ratings Coverage

Among 7 analysts covering OM Asset Mgmt (NYSE:OMAM), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. OM Asset Mgmt had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, July 5 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, June 1. The rating was maintained by Citigroup on Wednesday, June 15 with “Buy”. Wood maintained the stock with “Outperform” rating in Friday, April 7 report. Morgan Stanley downgraded OM Asset Management PLC (NYSE:OMAM) rating on Tuesday, January 26. Morgan Stanley has “Equal-Weight” rating and $13 target. The stock of OM Asset Management PLC (NYSE:OMAM) earned “Outperform” rating by RBC Capital Markets on Friday, August 7. On Tuesday, December 15 the stock rating was downgraded by Citigroup to “Neutral”. The stock of OM Asset Management PLC (NYSE:OMAM) earned “Outperform” rating by RBC Capital Markets on Friday, June 30. The stock of OM Asset Management PLC (NYSE:OMAM) earned “Outperform” rating by RBC Capital Markets on Monday, November 9. The firm has “Buy” rating given on Monday, February 8 by Citigroup. Below is a list of OM Asset Management PLC (NYSE:OMAM) latest ratings and price target changes.

05/07/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $18.0000 Maintain
30/06/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $18.00 Initiate
05/06/2017 Broker: Wells Fargo Rating: Buy New Target: $17.0000 Upgrade
01/06/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $18.0000 Maintain
07/04/2017 Broker: Wood Rating: Outperform Maintain

It closed at $15.33 lastly. It is down 4.82% since July 18, 2016 and is uptrending. It has underperformed by 11.88% the S&P500.

OM Asset Management plc is a global, diversified, multi-boutique asset management company. The company has market cap of $1.67 billion. As of December 31, 2016, the Company operated its business through its eight Affiliates, each of which operated autonomously and employed its own investment processes. It has a 16.34 P/E ratio. The Company’s Affiliates include Acadian Asset Management LLC; Barrow, Hanley, Mewhinney & Strauss, LLC; Campbell Global, LLC; Copper Rock Capital Partners LLC; Heitman LLC; Investment Counselors of Maryland, LLC; Landmark Partners, LLC, and Thompson, Siegel & Walmsley LLC.

More important recent OM Asset Management PLC (NYSE:OMAM) news were published by: Prnewswire.com which released: “Initiating Research Reports on Asset Management Equities — Legg Mason, New …” on July 11, 2017, also Streetinsider.com published article titled: “OM Asset Management (OMAM) CEO Peter Bain to Step Down; James Ritchie to …”, Nasdaq.com published: “4 Reasons that Make OM Asset Management a Solid Pick Now” on June 30, 2017. More interesting news about OM Asset Management PLC (NYSE:OMAM) was released by: Nasdaq.com and their article: “OM Asset Management plc (OMAM) Ex-Dividend Date Scheduled for June 14, 2017” with publication date: May 16, 2017.

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