News headlines about Manning and Napier (NYSE:MN) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manning and Napier earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the asset manager an impact score of 45.4378115245848 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of analysts have weighed in on MN shares. ValuEngine upgraded shares of Manning and Napier from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Manning and Napier from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $4.00 price objective on shares of Manning and Napier in a research note on Friday, November 10th.
Manning and Napier (NYSE:MN) traded up $0.15 during trading hours on Monday, reaching $3.70. 184,900 shares of the company’s stock were exchanged, compared to its average volume of 136,676. The company has a market cap of $53.39, a price-to-earnings ratio of 7.71, a P/E/G ratio of 1.00 and a beta of 1.52. Manning and Napier has a 1-year low of $3.00 and a 1-year high of $8.15.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Monday, January 15th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 8.65%. The ex-dividend date of this dividend is Thursday, January 11th. Manning and Napier’s dividend payout ratio (DPR) is presently 66.67%.
Manning and Napier Company Profile
Manning & Napier, Inc is an independent investment management company. The Company operates through investment management industry segment. It provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services.
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