|Bid||0.00 x 1100|
|Ask||19.20 x 900|
|Day's Range||17.86 - 19.35|
|52 Week Range||3.61 - 19.35|
|Beta (5Y Monthly)||1.90|
|PE Ratio (TTM)||10.22|
|Earnings Date||Feb 04, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||0.04 (0.22%)|
|Ex-Dividend Date||Dec 10, 2020|
|1y Target Est||18.00|
FHI vs. BSIG: Which Stock Is the Better Value Option?
BrightSphere Investment Group is exploring a sale of its majority stake in Landmark Partners, a private equity fund investment firm that could be worth around $1 billion, people familiar with the matter said on Tuesday. The move underscores a push by BrightSphere's largest shareholder, hedge fund Paulson & Co, to boost returns on its investment, after negotiations to sell BrightSphere to Italian financial firm Assicurazioni Generali earlier this year failed to produce a deal. BrightSphere has hired a financial adviser to work on a sale process for its 60% stake in Landmark, which specializes in buying and selling stakes in private equity and real estate funds, the sources said, cautioning that no deal is certain.
Please go ahead, Elie. Before we get started, please note that we may make forward-looking statements about our business and financial performance. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ materially from those projected.