S. Muoio & CO. LLC decreased its position in Associated Capital Group Inc (NYSE:AC) by 4.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,683 shares of the financial services provider’s stock after selling 2,500 shares during the period. Associated Capital Group makes up 1.2% of S. Muoio & CO. LLC’s portfolio, making the stock its 26th largest position. S. Muoio & CO. LLC owned approximately 0.22% of Associated Capital Group worth $1,961,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Summit Trail Advisors LLC raised its holdings in shares of Associated Capital Group by 2,991.3% in the 1st quarter. Summit Trail Advisors LLC now owns 114,470 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 110,767 shares during the period. Marquette Asset Management LLC acquired a new position in shares of Associated Capital Group during the 2nd quarter worth approximately $213,000. Swiss National Bank acquired a new position in shares of Associated Capital Group during the 2nd quarter worth approximately $304,000. Ancora Advisors LLC acquired a new stake in shares of Associated Capital Group during the 1st quarter worth approximately $374,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Associated Capital Group by 22.5% during the 1st quarter. JPMorgan Chase & Co. now owns 17,551 shares of the financial services provider’s stock worth $657,000 after acquiring an additional 3,224 shares in the last quarter. 13.07% of the stock is owned by institutional investors.

Shares of NYSE AC traded up $0.80 during trading hours on Friday, hitting $37.50. 9,844 shares of the stock were exchanged, compared to its average volume of 6,518. Associated Capital Group Inc has a 1-year low of $33.10 and a 1-year high of $42.50. The firm has a market capitalization of $858.68 million, a price-to-earnings ratio of 128.79 and a beta of 0.44.

Associated Capital Group (NYSE:AC) last issued its earnings results on Tuesday, August 7th. The financial services provider reported $0.51 earnings per share for the quarter. The firm had revenue of $4.80 million for the quarter. Associated Capital Group had a net margin of 26.26% and a return on equity of 0.76%.

Associated Capital Group Company Profile

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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