6,911 Shares in Affiliated Managers Group, Inc. (NYSE:AMG) Acquired by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new position in shares of Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,911 shares of the asset manager's stock, valued at approximately $1,278,000.

A number of other large investors also recently bought and sold shares of AMG. Jones Financial Companies Lllp lifted its position in shares of Affiliated Managers Group by 79.5% in the 4th quarter. Jones Financial Companies Lllp now owns 140 shares of the asset manager's stock worth $26,000 after purchasing an additional 62 shares during the period. Private Trust Co. NA raised its position in shares of Affiliated Managers Group by 131.9% in the 4th quarter. Private Trust Co. NA now owns 218 shares of the asset manager's stock worth $40,000 after acquiring an additional 124 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of Affiliated Managers Group by 37.1% during the 4th quarter. UMB Bank n.a. now owns 255 shares of the asset manager's stock worth $47,000 after purchasing an additional 69 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in Affiliated Managers Group during the fourth quarter valued at about $70,000. Finally, Lingohr Asset Management GmbH purchased a new position in shares of Affiliated Managers Group in the 4th quarter worth approximately $204,000. Hedge funds and other institutional investors own 95.30% of the company's stock.

Affiliated Managers Group Stock Performance

AMG stock traded down $0.38 during trading on Thursday, hitting $175.69. 202,258 shares of the company traded hands, compared to its average volume of 232,025. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.13 and a quick ratio of 2.13. Affiliated Managers Group, Inc. has a 1 year low of $139.22 and a 1 year high of $199.52. The stock's 50-day simple moving average is $166.54 and its 200 day simple moving average is $175.46. The company has a market cap of $4.99 billion, a PE ratio of 11.64, a P/E/G ratio of 0.57 and a beta of 1.06.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last posted its earnings results on Thursday, May 8th. The asset manager reported $5.20 earnings per share for the quarter, beating the consensus estimate of $5.10 by $0.10. Affiliated Managers Group had a net margin of 25.06% and a return on equity of 16.17%. The firm had revenue of $496.60 million during the quarter, compared to analyst estimates of $508.00 million. During the same period in the previous year, the firm earned $5.37 EPS. On average, equities analysts expect that Affiliated Managers Group, Inc. will post 22.86 earnings per share for the current fiscal year.

Affiliated Managers Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.02%. The ex-dividend date is Monday, May 19th. Affiliated Managers Group's payout ratio is presently 0.30%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Bank of America dropped their target price on Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. TD Cowen dropped their price objective on shares of Affiliated Managers Group from $187.00 to $168.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Cowen reissued a "hold" rating on shares of Affiliated Managers Group in a research report on Wednesday, May 14th. Barrington Research cut their price objective on Affiliated Managers Group from $215.00 to $200.00 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. Finally, Wall Street Zen upgraded Affiliated Managers Group from a "hold" rating to a "buy" rating in a research note on Friday, February 7th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Affiliated Managers Group currently has a consensus rating of "Hold" and a consensus price target of $192.40.

Affiliated Managers Group Profile

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.