Sculptor Capital Management (NYSE:SCU) Downgraded by Zacks Investment Research

Sculptor Capital Management (NYSE:SCU) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Wednesday, Zacks.com reports.

According to Zacks, “Sculptor Capital Management Inc. is an asset management firm providing investment products which includes multi-strategy, credit and real estate. It operates primarily in New York, London, Hong Kong and Shanghai. Sculptor Capital Management Inc., formerly known as Och-Ziff Capital Management Group Inc., is based in New York, United States. “

Separately, ValuEngine cut shares of Sculptor Capital Management from a “sell” rating to a “strong sell” rating in a report on Friday, November 8th.

Shares of Sculptor Capital Management stock traded down $0.95 on Wednesday, hitting $16.75. The stock had a trading volume of 18,698 shares, compared to its average volume of 145,118. The company has a debt-to-equity ratio of 3.08, a quick ratio of 2.26 and a current ratio of 2.26. Sculptor Capital Management has a one year low of $8.60 and a one year high of $25.49. The firm has a market cap of $847.76 million, a PE ratio of 14.32 and a beta of 1.06. The firm has a 50-day moving average of $17.69.

In related news, insider David Michael Levine sold 2,801 shares of Sculptor Capital Management stock in a transaction on Monday, September 16th. The shares were sold at an average price of $22.14, for a total value of $62,014.14. Insiders own 60.59% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Continental Advisors LLC purchased a new position in shares of Sculptor Capital Management in the third quarter worth about $3,116,000. California Public Employees Retirement System purchased a new position in shares of Sculptor Capital Management in the third quarter worth about $1,022,000. SMH Capital Advisors Inc. purchased a new position in shares of Sculptor Capital Management in the third quarter worth about $699,000. Catalyst Capital Advisors LLC purchased a new position in shares of Sculptor Capital Management in the third quarter worth about $678,000. Finally, Gabelli Funds LLC purchased a new position in shares of Sculptor Capital Management in the third quarter worth about $672,000. 17.89% of the stock is owned by institutional investors and hedge funds.

Sculptor Capital Management Company Profile

Sculptor Capital Management, Inc is a publicly owned hedge fund sponsor. The firm provides investment advisory services to its clients. It primarily caters to institutional investors, which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices.

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