Streetbeat News

BSIG

BrightSphere Investment Group Inc.

https://www.bsig.com

Industry

Asset Management

BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm was founded in 1980 is based Boston, Massachusetts. It was formally known as BrightSphere Investment Group plc. BrightSphere Investment Group Inc. was formed in 1980 and is based in Boston, Massachusetts.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

RBC Capital analyst Kenneth Lee has maintained an 'Outperform' rating on BrightSphere Investment (NYSE:BSIG) and raised the price target from $28 to $30.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 4:46 pm

BrightSphere Investment reported Q3 2024 earnings of $0.59 per share, surpassing the $0.48 estimate, and sales of $122.2M, exceeding the $111.6M estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:38 am

Morgan Stanley analyst Michael Cyprys has downgraded BrightSphere Investment (NYSE:BSIG) from Equal-Weight to Underweight, while raising the price target from $23 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:42 am

RBC Capital analyst Kenneth Lee maintains an Outperform rating on BrightSphere Investment (NYSE:BSIG) and raises the price target from $26 to $28.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:03 pm

BrightSphere Investment Group has announced that Kelly Young will become the new CEO and Director. The company will rebrand as Acadian Asset Management Inc. and change its ticker symbol to AAMI.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:14 pm

BrightSphere Investment (NYSE:BSIG) reported Q2 2024 earnings of $0.45 per share, beating the analyst estimate of $0.41. Sales were $108.3 million, surpassing the $104.9 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:41 am

BrightSphere Investment (NYSE:BSIG) reported Q1 2024 adjusted EPS of $0.44, surpassing the $0.35 estimate, and sales of $105.3M, exceeding the $98.4M estimate. This represents a 57.14% increase in EPS and a 15.59% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:44 am

RBC Capital analyst Kenneth Lee has reiterated an Outperform rating on BrightSphere Investment (NYSE:BSIG) and maintained a $24 price target.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 4:29 pm

BrightSphere Investment (NYSE:BSIG) reported Q4 adjusted EPS of $0.77, surpassing the $0.58 estimate, and adjusted sales of $131.00M, exceeding the $123.00M estimate. This represents a 14.93% increase in EPS and a 7.11% increase in sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

February 01, 2024 | 12:04 pm

Numerous companies are scheduled to report their quarterly earnings on February 1, 2024, covering a wide range of industries from technology to healthcare. Notable mentions include Apple, Amazon, Meta Platforms, and Shell, with expectations set for both earnings per share and revenue. This diverse earnings report day will provide investors with significant insights into various sectors' performance.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 10:03 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.