AssetMark Financial Holdings, Inc. (NYSE: AMK) shares were purchased by Fmr LLC

AssetMark Financial Holdings, Inc.  (NYSE: AMK) shares were purchased by Fmr LLC


Fmr LLC has increased its stake in AssetMark Financial Holdings, Inc. shares. (NYSE:AMK – Free Report) rose 10.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,898 shares of the company’s shares after purchasing an additional 9,932 shares during the period. Fmr LLC owns 0.14% of AssetMark Financial worth $2,656,000 according to its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings in AMK. Swiss National Bank raised its position in shares of AssetMark Financial by 9.0% during the first quarter. Swiss National Bank now owns 43,500 shares of the company’s stock valued at $968,000 after purchasing an additional 3,600 shares during the last quarter. Bank of New York Mellon Corp. raised its position in shares of AssetMark Financial by 2.3% during the first quarter. Bank of New York Mellon Corp now owns 93,557 shares of the company’s stock valued at $2,081,000 after purchasing an additional 2,116 shares during the last quarter. MetLife Investment Management LLC raised its position in shares of AssetMark Financial by 57.4% during the first quarter. MetLife Investment Management LLC now owns 10,106 shares of the company’s stock worth $225,000 after purchasing an additional 3,684 shares during the last quarter. Panagora Asset Management Inc. acquired Acquired a new position in AssetMark Financial in the first quarter valued at $321,000. Finally, Dimensional Fund Advisors LP lifted its holdings in AssetMark Financial by 13.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 235,527 shares of the company’s stock valued at $5,242,000 after acquiring an additional 27,346 shares during the last quarter. 28.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street analysts expect growth

Separately, Raymond James boosted their price target on AssetMark Financial from $36.00 to $38.00 and gave the company a “strong buy” rating in a report on Thursday, January 11th.

Read the latest stock report for AMK

AssetMark Financial stock rose 2.0%

NYSE AMK shares opened at $36.14 on Monday. At AssetMark Financial Holdings, Inc. The 52-week low is $22.92 and the 52-week high is $36.53. The company has a fifty day moving average of $31.74 and a 200 day moving average of $28.11. The stock has a market capitalization of $2.68 billion, a P/E ratio of 22.04 and a beta of 1.11. The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 0.08.

AssetMark Financial Profile

(Free report)

AssetMark Financial Holdings, Inc. provides wealth management solutions and technology in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services and technology for the financial advisor channel.

See also

Want to see what other hedge funds are holding AMK? Visit HoldingsChannel.com for the latest 13F filings and insider deals for AssetMark Financial Holdings, Inc. (NYSE: AMK – free report).

Institutional Ownership Quarterly for AssetMark Financial (NYSE:AMK)



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    (tags for translation) AssetMark Financial 

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