Sculptor Capital Management (NYSE:SCU) Lowered to Hold at Zacks Investment Research

Zacks Investment Research cut shares of Sculptor Capital Management (NYSE:SCU) from a buy rating to a hold rating in a research note released on Wednesday, Zacks.com reports.

According to Zacks, “Sculptor Capital Management Inc. is an asset management firm providing investment products which includes multi-strategy, credit and real estate. It operates primarily in New York, London, Hong Kong and Shanghai. Sculptor Capital Management Inc., formerly known as Och-Ziff Capital Management Group Inc., is based in New York, United States. “

Separately, ValuEngine downgraded shares of Sculptor Capital Management from a sell rating to a strong sell rating in a research note on Friday, November 8th.

Shares of NYSE SCU traded up $0.25 during trading hours on Wednesday, reaching $17.21. The stock had a trading volume of 109,470 shares, compared to its average volume of 97,274. The company has a current ratio of 1.55, a quick ratio of 2.26 and a debt-to-equity ratio of 3.26. The firm has a market cap of $849.43 million, a price-to-earnings ratio of 10.23 and a beta of 1.06. The company has a fifty day moving average price of $17.35. Sculptor Capital Management has a 52-week low of $8.60 and a 52-week high of $25.49.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Monday, November 18th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Friday, November 15th. Sculptor Capital Management’s dividend payout ratio (DPR) is 109.40%.

In related news, insider David Michael Levine sold 2,801 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $22.14, for a total value of $62,014.14. Insiders own 60.59% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Catalyst Capital Advisors LLC acquired a new position in shares of Sculptor Capital Management during the third quarter worth $678,000. Tower Research Capital LLC TRC acquired a new position in shares of Sculptor Capital Management during the third quarter worth $64,000. Gabelli Funds LLC purchased a new stake in shares of Sculptor Capital Management during the third quarter valued at $672,000. SMH Capital Advisors Inc. purchased a new stake in shares of Sculptor Capital Management during the third quarter valued at $699,000. Finally, California Public Employees Retirement System purchased a new stake in shares of Sculptor Capital Management during the third quarter valued at $1,022,000. 17.89% of the stock is currently owned by institutional investors and hedge funds.

Sculptor Capital Management Company Profile

Sculptor Capital Management, Inc is a publicly owned hedge fund sponsor. The firm provides investment advisory services to its clients. It primarily caters to institutional investors, which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices.

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