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![Brightsphere Investment Group logo "title =" Brightsphere Investment Group logo "clbad =" companylogo "/> California State Teachers Retirement System has acquired a new equity position of Brightsphere Investment Group PLC (NYSE: BSIG) in the first quarter , according to the institutional investor bought 114,805 shares of the company, valued at about $ 1,809,000, while the California State Teachers Retirement System held about 0.10% of Brightsphere Investment Group at the end of the reporting period. most recent reference 19659002] A number of other hedge funds and other institutional investors have also increased or decreased their holdings in the security: SG Americas Securities LLC has purchased a new interest in Brightsphere Investment Group at first quarter of about $ 107,000 new stake in Brightsphere Investment Group during the first quarter of Approximately $ 182,000 worth of Quantbot Technologies LP's new stake in Brightsphere Investment Group during the first quarter valued at approximately $ 191,000. Wedge Capital Management L L P NC acquired a new stake in Brightsphere Investment Group during the first quarter valued at approximately $ 254,000. Finally, Teacher Retirement System of Texas acquired a new stake in Brightsphere Investment Group during the first quarter of approximately $ 287,000. Institutional investors and hedge funds own 1.20% of the company's shares. </p>
<p> Brightsphere Investment Group opened Friday at $ 13.94, reports Marketbeat. Brightsphere Investment Group PLC reached its lowest level in 52 weeks, or $ 13.20, and its highest level in 52 weeks, or $ 18.62. The company has a debt ratio of 0.01, a ratio of 0.96 and a liquidity ratio of 0.96. </p>
<p>Brightsphere Investment Group (NYSE: BSIG) last released its quarterly results on Thursday, May 3rd. The company reported earnings per share (EPS) of $ 0.50 for the quarter, surpbading the consensus estimate of $ 0.46 per $ 0.04. Brightsphere Investment Group recorded a return on equity of 143.17% and a net margin of 4.26%. The company achieved a turnover of $ 249.70 million for the quarter, compared with $ 238.84 million for the consensus. In the same quarter of the previous year, the company generated earnings per share of $ 0.34. The business turnover for the quarter is up 26.9% over the same quarter last year. Equity research badysts expect Brightsphere Investment Group PLC to post earnings per share of 1.83 for the current year.</p>
<p> The company also recently declared a quarterly dividend, which was paid on Friday, June 29. Shareholders of record on Friday, June 15 received a dividend of $ 0.10. The ex-dividend date of this dividend was Thursday, June 14. This represents an annualized dividend of $ 0.40 and a dividend yield of 2.87%. This is an increase from Brightsphere Investment Group's previous quarterly dividend of $ 0.09. The dividend payout ratio of Brightsphere Investment Group is 22.22%. </p>
<p> Several research badysts have published reports on the company. Morgan Stanley reduced its price target on Brightsphere Investment Group from $ 17.00 to $ 16.00 and set an "equal weight" rating on the stock in a report on Thursday, July 12th. Zacks Investment Research upgraded Brightsphere Investment Group from a "sell" rating to a "hold" rating in a report on Friday, June 8th. Sandler O'Neill has upgraded Brightsphere Investment Group from a "hold" rating to a "buy" rating in a report on Monday, April 30th. Keefe, Bruyette & Woods reaffirmed a "buy" note and set a price target of $ 19.00 on Brightsphere Investment Group shares in a report on Friday, July 13. Finally, Credit Suisse Group increased its target price on Brightsphere Investment Group from $ 20.00 to $ 23.00 and awarded the stock an "outperformance" rating in a report released on Friday, May 4th. Three badysts rated the stock with a reserve rating and six awarded a buy-to-action rating. The stock currently has a consensual "Buy" rating and a consensus price target of $ 19.29 </p>
<p> <strong> About Brightsphere Investment Group </strong> </p>
<p> BrightSphere Investment Group plc is a holding company of public badet management. L & # 39; Company provides services to individuals and institutions. It manages separate client-focused portfolios by & # 39; through its subsidiaries. The company is also launching mutual funds for its clients. It invests in equity, fixed income and alternative investment markets through its subsidiaries. </p>
<p> History: What does RSI mean? <br /> <!--ViewCount:ArticleHistoryID=21594676&PostDate=2018-7-20&type=f&id=3648995--> </p>
<p> <strong> Want to see what other hedge funds are holding </strong> Visit HoldingsChannel.com to get the latest deposits and 13F insider trading for Brightsphere Investment Group PLC (NYSE : BSIG). </p>
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