BrightSphere Investment Group Inc.

Equities

BSIG

US10948W1036

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
22.61 ^USD	-1.52%		-1.70%	+18.01%

Apr. 10	RBC Raises Brightsphere Investment's Price Target to $25 From $24, Keeps Outperform Rating	MT
Feb. 15	Brightsphere Investment Group Insider Sold Shares Worth $2,280,361, According to a Recent SEC Filing	MT

BrightSphere Investment Group Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023

November 01, 2023

BrightSphere Investment Group Inc. reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported sales was USD 0.8 million. Revenue was USD 107.3 million compared to USD 86.8 million a year ago.

Net income was USD 19.6 million compared to USD 17.8 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.42 a year ago.

Latest news about BrightSphere Investment Group Inc.

RBC Raises Brightsphere Investment's Price Target to $25 From $24, Keeps Outperform Rating	Apr. 10	MT
Brightsphere Investment Group Insider Sold Shares Worth $2,280,361, According to a Recent SEC Filing	Feb. 15	MT
Transcript : BrightSphere Investment Group Inc., Q4 2023 Earnings Call, Feb 01, 2024	Feb. 01
Tranche Update on BrightSphere Investment Group Inc.'s Equity Buyback Plan announced on December 20, 2023.	Feb. 01	CI
BrightSphere Investment Group Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 31	CI
RBC Raises Price Target on Brightsphere Investment Group to $24 From $21 Ahead of Q4 Report, Keeps Outperform Rating	Jan. 25	MT
BrightSphere Investment to Buy Back Up to $100 Million in Shares	Dec. 20	DJ
BrightSphere Investment Group Inc. announces an Equity Buyback for $100 million worth of its shares.	Dec. 20	CI
BrightSphere Investment Group Inc. authorizes a Buyback Plan.	Dec. 19	CI
RBC Cuts Price Target on Brightsphere Investment Group to $21 From $23, Keeps Outperform Rating	Nov. 03	MT
Transcript : BrightSphere Investment Group Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
BrightSphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on December 28, 2023	Nov. 02	CI
BrightSphere Investment Group Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023	Nov. 01	CI
RBC Cuts Price Target on Brightsphere Investment Group to $23 From $26, Keeps Outperform Rating	23-10-24	MT
Morgan Stanley Trims Price Target on Brightsphere Investment to $20 From $21, Maintains Equalweight Rating	23-10-06	MT
Morgan Stanley Adjusts Price Target on Brightsphere Investment to $21 From $22, Maintains Equal-Weight Rating	23-08-07	MT
RBC Trims Price Target on Brightsphere Investment Group to $26 From $27, Maintains Outperform Rating	23-08-04	MT
Transcript : BrightSphere Investment Group Inc., Q2 2023 Earnings Call, Aug 03, 2023	23-08-03
Brightsphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on September 29, 2023	23-08-03	CI
BrightSphere Investment Group Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2023	23-08-02	CI
BrightSphere Investment Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-08	CI
Transcript : BrightSphere Investment Group Inc., Q1 2023 Earnings Call, May 04, 2023	23-05-04
Brightsphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on June 16, 2023	23-05-04	CI
Morgan Stanley Adjusts Price Target on Brightsphere Investment Group to $22 From $21, Keeps Equalweight Rating	23-04-14	MT
Morgan Stanley Adjusts Price Target on Brightsphere Investment Group to $21 From $20, Maintains Equal-Weight Rating	23-02-06	MT

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Company Profile

Brightsphere Investment Group Inc. is a diversified asset management company. The Company provides investment management services globally, predominantly to institutional investors. The Company operates through its subsidiary, Acadian Asset Management LLC (Acadian). Acadian is a systematic investment manager of active global, international equity and alternative strategies. The Company operates through one segment: the Quant and Solutions segment. The Quant and Solutions segment is comprised of leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including global, non- United States and small-cap equities, as well as managed volatility, systematic macro, equity alternatives, and credit strategies. Through Acadian, the Company offers a diverse range of actively managed investment strategies and products to institutional investors around the globe.

Sector

Investment Management & Fund Operators

Calendar

2024-05-02 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for BrightSphere Investment Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

22.61 USD

Average target price

24 USD

Spread / Average Target

+6.15%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

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