Shares of Altisource Asset Management (NYSEAMERICAN AAMC) opened at $68.70 on Tuesday. The stock has a market cap of $109.57, a price-to-earnings ratio of -15.23 and a beta of 2.10. Altisource Asset Management has a twelve month low of $52.85 and a twelve month high of $116.00.
A hedge fund recently raised its stake in Altisource Asset Management stock. Northern Trust Corp lifted its stake in Altisource Asset Management Corp (NYSEAMERICAN:AAMC) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,320 shares of the asset manager’s stock after purchasing an additional 388 shares during the period. Northern Trust Corp owned 0.54% of Altisource Asset Management worth $761,000 as of its most recent SEC filing.
Altisource Asset Management Corporation provides asset management and corporate governance services to institutional investors. The Company’s primary client is Altisource Residential Corporation (Residential). The Company operates through segment, which is focused on providing asset management and certain corporate governance services to Residential.
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