Spark Investment Management LLC maintained its stake in Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,300 shares of the asset manager’s stock at the end of the first quarter. Spark Investment Management LLC owned 0.21% of Silvercrest Asset Management Group worth $230,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. First Bank & Trust boosted its position in shares of Silvercrest Asset Management Group by 22.1% in the first quarter. First Bank & Trust now owns 9,119 shares of the asset manager’s stock valued at $121,000 after buying an additional 1,651 shares during the period. Cadence Capital Management LLC boosted its position in shares of Silvercrest Asset Management Group by 4.4% in the first quarter. Cadence Capital Management LLC now owns 94,237 shares of the asset manager’s stock valued at $1,253,000 after buying an additional 3,931 shares during the period. Renaissance Technologies LLC boosted its position in shares of Silvercrest Asset Management Group by 3.4% in the fourth quarter. Renaissance Technologies LLC now owns 136,100 shares of the asset manager’s stock valued at $1,790,000 after buying an additional 4,500 shares during the period. Hanlon Investment Management Inc. boosted its position in shares of Silvercrest Asset Management Group by 33.3% in the fourth quarter. Hanlon Investment Management Inc. now owns 20,000 shares of the asset manager’s stock valued at $263,000 after buying an additional 5,000 shares during the period. Finally, Boston Partners boosted its position in shares of Silvercrest Asset Management Group by 1.4% in the first quarter. Boston Partners now owns 532,101 shares of the asset manager’s stock valued at $7,077,000 after buying an additional 7,585 shares during the period. Hedge funds and other institutional investors own 76.33% of the company’s stock.

Institutional Ownership by Quarter for Silvercrest Asset Management Group (NASDAQ:SAMG)

Shares of Silvercrest Asset Management Group Inc. (NASDAQ SAMG) traded down 1.11% during trading on Friday, hitting $13.35. The stock had a trading volume of 17,995 shares. The stock’s 50 day moving average is $12.94 and its 200 day moving average is $13.33. The stock has a market capitalization of $108.15 million, a price-to-earnings ratio of 19.93 and a beta of 1.30. Silvercrest Asset Management Group Inc. has a 52 week low of $11.07 and a 52 week high of $14.50.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 20th. Stockholders of record on Tuesday, June 13th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Friday, June 9th. Silvercrest Asset Management Group’s payout ratio is currently 71.64%.

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Silvercrest Asset Management Group Company Profile

Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.

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