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HighPoint and Cinctive invested in Ares Management, despite its shares missing analyst estimates.
HighPoint Advisor Group and Cinctive Capital Management recently invested in Ares Management, acquiring shares worth $264,000 and $807,000, respectively.
Ares Management, with a $41.19 billion market cap, reported $1.23 earnings per share, missing analyst estimates.
The company, known for its alternative asset management in multiple regions, has a high dividend payout ratio of 183.25% and analysts give it a "Moderate Buy" rating with an average price target of $174.33.
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HighPoint y Cinctive invirtieron en Ares Management, a pesar de que sus acciones faltan estimaciones de analistas.