AllianceBernstein Holding LP Company Profile (NYSE:AB)

About AllianceBernstein Holding LP (NYSE:AB)

AllianceBernstein Holding LP logoAllianceBernstein Holding L.P. is engaged in providing research, investment management and related services to a range of clients through its three buy-side distribution channels: Institutions, Retail and Private Wealth Management, and its sell-side business, Bernstein Research Services. The Company offers a range of investment services, including equity strategies, with global and regional portfolios across capitalization ranges and investment strategies, including value, growth and equities; traditional and unconstrained fixed income strategies, including taxable and tax-exempt strategies; passive management, including index and enhanced index strategies; alternative investments, including hedge funds, fund of funds and private equity, and multi-asset solutions and services, including dynamic asset allocation, customized target-date funds and target-risk funds. The Company's services span various investment disciplines, including market capitalization, term and geographic locations.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Symbol: NYSE:AB
  • CUSIP: N/A
  • Web: www.abglobal.com
Capitalization:
  • Market Cap: $2.1 billion
  • Outstanding Shares: 96,473,000
Average Prices:
  • 50 Day Moving Avg: $21.91
  • 200 Day Moving Avg: $22.78
  • 52 Week Range: $20.40 - $25.12
P/E:
  • Trailing P/E Ratio: 10.18
  • Foreward P/E Ratio: 10.33
  • P/E Growth: 3.99
Sales & Book Value:
  • Annual Revenue: $228.88 million
  • Price / Sales: 9.19
  • Book Value: $15.67 per share
  • Price / Book: 1.39
Dividend:
  • Annual Dividend: $1.80
  • Dividend Yield: 9.5%
Profitability:
  • Net Margins: 13.27%
  • Return on Equity: 23.92%
  • Return on Assets: 23.89%
Misc:
  • Average Volume: 459,356 shs.
  • Beta: 1.45
  • Short Ratio: 1.27
 

Frequently Asked Questions for AllianceBernstein Holding LP (NYSE:AB)

What is AllianceBernstein Holding LP's stock symbol?

AllianceBernstein Holding LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "AB."

How often does AllianceBernstein Holding LP pay dividends? What is the dividend yield for AllianceBernstein Holding LP?

AllianceBernstein Holding LP declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Monday, May 8th will be given a dividend of $0.46 per share on Thursday, May 18th. This represents a $1.84 annualized dividend and a yield of 8.44%. The ex-dividend date is Thursday, May 4th. View AllianceBernstein Holding LP's Dividend History.

How were AllianceBernstein Holding LP's earnings last quarter?

AllianceBernstein Holding LP (NYSE:AB) issued its quarterly earnings results on Thursday, April, 27th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.02. The company earned $764.92 million during the quarter, compared to the consensus estimate of $746.52 million. AllianceBernstein Holding LP had a net margin of 13.27% and a return on equity of 23.92%. The firm's quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $0.40 EPS. View AllianceBernstein Holding LP's Earnings History.

When will AllianceBernstein Holding LP make its next earnings announcement?

AllianceBernstein Holding LP is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for AllianceBernstein Holding LP.

Where is AllianceBernstein Holding LP's stock going? Where will AllianceBernstein Holding LP's stock price be in 2017?

4 equities research analysts have issued 12-month target prices for AllianceBernstein Holding LP's shares. Their forecasts range from $22.00 to $27.00. On average, they anticipate AllianceBernstein Holding LP's stock price to reach $25.00 in the next twelve months. View Analyst Ratings for AllianceBernstein Holding LP.

Who are some of AllianceBernstein Holding LP's key competitors?

Who owns AllianceBernstein Holding LP stock?

AllianceBernstein Holding LP's stock is owned by many different of institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (2.46%), Bank of America Corp DE (1.57%), AXA FINANCIAL INC (5.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.99%) and FMR LLC (0.00%). Company insiders that own AllianceBernstein Holding LP stock include Brugge Robert P Van, Deborah S Hechinger, Edward J Farrell, Lorie A Slutsky, Scott A Schoen, Steven G Elliott and Weston M Hicks. View Institutional Ownership Trends for AllianceBernstein Holding LP.

Who sold AllianceBernstein Holding LP stock? Who is selling AllianceBernstein Holding LP stock?

AllianceBernstein Holding LP's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Goldman Sachs Group Inc., Ameriprise Financial Inc., Sei Investments Co., NN Investment Partners Holdings N.V., Gabelli Funds LLC, Baldwin Brothers Inc. MA and United Capital Financial Advisers LLC. Company insiders that have sold AllianceBernstein Holding LP stock in the last year include Deborah S Hechinger, Edward J Farrell, Lorie A Slutsky, Scott A Schoen, Steven G Elliott and Weston M Hicks. View Insider Buying and Selling for AllianceBernstein Holding LP.

Who bought AllianceBernstein Holding LP stock? Who is buying AllianceBernstein Holding LP stock?

AllianceBernstein Holding LP's stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, Renaissance Technologies LLC, Algebris Investments UK LLP, Bank of America Corp DE, HighTower Advisors LLC, MARSHALL WACE ASIA Ltd and Marshall Wace North America L.P.. View Insider Buying and Selling for AllianceBernstein Holding LP.

How do I buy AllianceBernstein Holding LP stock?

Shares of AllianceBernstein Holding LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of AllianceBernstein Holding LP stock cost?

One share of AllianceBernstein Holding LP stock can currently be purchased for approximately $21.80.

Analyst Ratings

Consensus Ratings for AllianceBernstein Holding LP (NYSE:AB) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $25.00 (14.68% upside)

Analysts' Ratings History for AllianceBernstein Holding LP (NYSE:AB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/12/2017Bank of America CorpUpgradeUnderperform -> Buy$24.00 -> $25.00LowView Rating Details
4/12/2017Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$26.00MediumView Rating Details
11/22/2016Citigroup IncDowngradeBuy -> NeutralN/AView Rating Details
7/11/2016Jefferies Group LLCBoost Price TargetHold$21.50 -> $22.00N/AView Rating Details
5/5/2016Sanford C. BernsteinReiterated RatingSell$30.07N/AView Rating Details
4/12/2016Sandler O'NeillBoost Price Target$27.00 -> $28.00N/AView Rating Details
1/10/2016Credit Suisse Group AGReiterated RatingNeutral$27.00N/AView Rating Details
6/8/2015Goldman Sachs Group IncInitiated CoverageNeutral$33.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for AllianceBernstein Holding LP (NYSE:AB)
Earnings by Quarter for AllianceBernstein Holding LP (NYSE:AB)
Earnings History by Quarter for AllianceBernstein Holding LP (NYSE:AB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1 2017$0.44$0.46$746.52 million$764.92 millionViewN/AView Earnings Details
2/14/2017Q416$0.49$0.67$739.00 million$786.26 millionViewListenView Earnings Details
10/26/2016Q316$0.43$0.45$695.26 million$767.60 millionViewListenView Earnings Details
7/28/2016Q216$0.44$0.40$701.98 million$725.80 millionViewListenView Earnings Details
4/28/2016Q116$0.42$0.40$726.82 million$590.10 millionViewListenView Earnings Details
2/11/2016Q415$0.48$0.50$755.62 million$6.40 millionViewListenView Earnings Details
10/22/2015Q315$0.43$0.43$760.55 million$626.20 millionViewListenView Earnings Details
7/30/2015Q215$0.49$0.48$787.13 million$657.40 millionViewListenView Earnings Details
4/30/2015Q115$0.47$0.45$767.28 million$762.60 millionViewListenView Earnings Details
2/12/2015Q414$0.51$0.57$748.20 million$787.00 millionViewListenView Earnings Details
10/23/2014Q314$0.45$0.45$725.13 million$750.00 millionViewListenView Earnings Details
7/30/2014Q214$0.42$0.45$740.70 million$754.00 millionViewListenView Earnings Details
4/30/2014Q114$0.41$0.39$723.35 million$715.00 millionViewListenView Earnings Details
2/12/2014Q413$0.43$0.60$741.49 million$766.00 millionViewListenView Earnings Details
10/24/2013Q313$0.39$0.40$726.54 million$706.00 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.38$0.41$723.13 million$734.00 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.35$0.38$683.60 million$709.00 millionViewListenView Earnings Details
2/12/2013Q4 2012$0.32$0.40$672.67 million$704.60 millionViewListenView Earnings Details
10/24/2012$0.26$0.36ViewN/AView Earnings Details
8/2/2012$0.25$0.24ViewN/AView Earnings Details
5/2/2012$0.24$0.29ViewN/AView Earnings Details
2/10/2012$0.23$0.12ViewN/AView Earnings Details
10/26/2011$0.31$0.30ViewN/AView Earnings Details
7/29/2011$0.40$0.35ViewN/AView Earnings Details
5/2/2011$0.41$0.41ViewN/AView Earnings Details
2/10/2011$0.43$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AllianceBernstein Holding LP (NYSE:AB)
2017 EPS Consensus Estimate: $2.02
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.44$0.44$0.44
Q2 20171$0.46$0.46$0.46
Q3 20171$0.47$0.47$0.47
Q4 20171$0.65$0.65$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for AllianceBernstein Holding LP (NYSE:AB)
Most Recent Dividend:5/18/2017
Annual Dividend:$1.80
Dividend Yield:8.26%
Dividend Growth:3.20% (3 Year Average)
Payout Ratio:89.11% (Trailing 12 Months of Earnings)
90.45% (Based on This Year's Estimates)
85.31% (Based on Next Year's Estimates)
Dividend Payments by Quarter for AllianceBernstein Holding LP (NYSE:AB)

Dividend History by Quarter for AllianceBernstein Holding LP (NYSE:AB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.468.03%5/4/20175/8/20175/18/2017
2/15/2017quarterly$0.6711.33%2/22/20172/24/20173/9/2017
10/26/2016Quarterly$0.458.28%11/3/201611/7/201611/17/2016
7/28/2016quarterly$0.406.68%8/4/20168/8/20168/25/2016
4/28/2016quarterly$0.406.81%5/5/20165/9/20165/19/2016
2/12/2016quarterly$0.5011.55%2/18/20162/22/20163/10/2016
10/22/2015quarterly$0.436.28%10/29/201511/2/201511/19/2015
7/31/2015quarterly$0.486.99%8/6/20158/10/20158/27/2015
4/30/2015quarterly$0.455.62%5/7/20155/11/20155/21/2015
2/13/2015quarterly$0.578.39%2/19/20152/23/20153/12/2015
10/23/2014quarterly$0.456.9%10/30/201411/3/201411/20/2014
5/1/2014quarterly$0.396.24%5/8/20145/12/20145/22/2014
2/13/2014quarterly$0.6010.25%2/20/20142/24/20143/13/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for AllianceBernstein Holding LP (NYSE:AB)
Insider Ownership Percentage: 3.40%
Institutional Ownership Percentage: 25.70%
Insider Trades by Quarter for AllianceBernstein Holding LP (NYSE:AB)
Institutional Ownership by Quarter for AllianceBernstein Holding LP (NYSE:AB)
Insider Trades by Quarter for AllianceBernstein Holding LP (NYSE:AB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/24/2017Deborah S. HechingerDirectorSell7,814$21.05$164,484.70View SEC Filing  
5/22/2017Scott A. SchoenDirectorSell15,627$20.91$326,760.57View SEC Filing  
5/19/2017Steven G ElliottDirectorSell16,349$21.08$344,636.92View SEC Filing  
5/17/2017Deborah S HechingerDirectorSell10,380$21.02$218,187.60View SEC Filing  
5/15/2017Scott A SchoenDirectorSell61,985$21.20$1,314,082.00View SEC Filing  
5/11/2017Lorie A SlutskyDirectorSell12,663$21.01$266,049.63View SEC Filing  
5/4/2017Steven G ElliottDirectorSell11,414$20.49$233,872.86View SEC Filing  
8/4/2016Weston M HicksDirectorSell4,539$21.50$97,588.50View SEC Filing  
6/8/2016Edward J FarrellSVPSell5,000$23.61$118,050.00View SEC Filing  
5/20/2016Scott A SchoenDirectorBuy11,500$23.09$265,535.00View SEC Filing  
5/10/2016Weston M HicksDirectorSell10,842$23.36$253,269.12View SEC Filing  
5/4/2016Brugge Robert P VanCEOSell30,595$23.03$704,602.85View SEC Filing  
10/27/2014Weston M HicksDirectorSell5,000$25.80$129,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for AllianceBernstein Holding LP (NYSE:AB)
Latest Headlines for AllianceBernstein Holding LP (NYSE:AB)
Source:
DateHeadline
americanbankingnews.com logoJefferies Group Analysts Reduce Earnings Estimates for AllianceBernstein Holding LP (AB)
www.americanbankingnews.com - May 26 at 8:02 AM
americanbankingnews.com logoAllianceBernstein Holding LP (AB) Director Sells $164,484.70 in Stock
www.americanbankingnews.com - May 25 at 4:24 PM
finance.yahoo.com logoAB's Harting Says Emerging Markets Have More Gas in Tank
finance.yahoo.com - May 25 at 3:22 PM
americanbankingnews.com logoInsider Selling: AllianceBernstein Holding LP (AB) Director Sells 16,349 Shares of Stock
www.americanbankingnews.com - May 23 at 7:46 PM
americanbankingnews.com logoScott A. Schoen Sells 15,627 Shares of AllianceBernstein Holding LP (AB) Stock
www.americanbankingnews.com - May 23 at 10:25 AM
finance.yahoo.com logoAB's Shakeup Is a Reason to Pause, Not Panic
finance.yahoo.com - May 19 at 8:17 PM
americanbankingnews.com logoAllianceBernstein Holding LP (AB) Director Deborah S. Hechinger Sells 10,380 Shares
www.americanbankingnews.com - May 18 at 7:47 PM
finance.yahoo.com logoAB Science presents phase 3 data for masitinib in amyotrophic lateral sclerosis (ALS) at the European Network for the Cure of ALS (ENCALS) annual meeting
finance.yahoo.com - May 18 at 12:33 PM
finance.yahoo.com logoAB Science announces that CHMP has adopted a negative opinion for masitinib in indolent systemic mastocytosis, primarily due to GCP inspection findings
finance.yahoo.com - May 17 at 3:17 PM
finance.yahoo.com logoAllianceBernstein's Biggest Holder Saw Ex-CEO as Wrong Guy -- With Right Ideas
finance.yahoo.com - May 17 at 3:17 PM
finance.yahoo.com logoA $500 billion investor developed 'cutting edge' technology, and now it's sharing it with rivals
finance.yahoo.com - May 16 at 3:15 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for May 16th
finance.yahoo.com - May 16 at 3:15 PM
finance.yahoo.com logo[$$] AllianceBernstein Is Selling Bond-Trading Software
finance.yahoo.com - May 16 at 5:28 AM
americanbankingnews.com logoScott A. Schoen Sells 61,985 Shares of AllianceBernstein Holding LP (AB) Stock
www.americanbankingnews.com - May 15 at 7:10 PM
americanbankingnews.com logoAllianceBernstein Holding LP (AB) Director Lorie A. Slutsky Sells 12,663 Shares
www.americanbankingnews.com - May 15 at 11:38 AM
finance.yahoo.com logo[$$] How Big Are Mutual Funds’ Puerto Rico Losses? $5.4 Billion
finance.yahoo.com - May 14 at 8:17 PM
finance.yahoo.com logoNew Strong Buy Stocks for May 12th
finance.yahoo.com - May 12 at 3:27 PM
finance.yahoo.com logoAB Science announces that ANSM requested the temporary suspension of clinical studies conducted in France following deviations from Good Clinical Practice (GCP) standards
finance.yahoo.com - May 12 at 1:32 AM
bizjournals.com logoAB Appoints New Leadership - Names Robert B. Zoellick Chairman, Seth Bernstein CEO
www.bizjournals.com - May 11 at 3:24 PM
finance.yahoo.com logoAXA: US stake float will provide financial flexibility
finance.yahoo.com - May 10 at 3:24 PM
finance.yahoo.com logoAXA: Intend to float a minority stake in US operations in...
finance.yahoo.com - May 10 at 3:24 PM
finance.yahoo.com logoSweating the Asset Managers
finance.yahoo.com - May 10 at 3:24 PM
finance.yahoo.com logoAllianceBernstein Parent AXA is Coming to America
finance.yahoo.com - May 10 at 3:24 PM
prnewswire.com logoAB Announces April 30, 2017 Assets Under Management - PR Newswire (press release)
www.prnewswire.com - May 10 at 9:37 AM
finance.yahoo.com logoAB Announces April 30, 2017 Assets Under Management
finance.yahoo.com - May 10 at 9:37 AM
finance.yahoo.com logo[$$] AXA's U.S. IPO Looks Like the Start of a Long Goodbye
finance.yahoo.com - May 10 at 9:37 AM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for May 9th
finance.yahoo.com - May 9 at 9:32 AM
finance.yahoo.com logoMoody's: All is Well at AllianceBernstein
finance.yahoo.com - May 9 at 9:32 AM
americanbankingnews.com logoInsider Selling: AllianceBernstein Holding LP (AB) Director Sells 11,414 Shares of Stock
www.americanbankingnews.com - May 8 at 7:57 PM
finance.yahoo.com logoIs AllianceBernstein a Great Stock for Value Investors?
finance.yahoo.com - May 8 at 11:30 AM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for May 5th
finance.yahoo.com - May 5 at 3:15 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: SP Plus, Leucadia National, DXC Technology, CSX and AllianceBernstein Holding
finance.yahoo.com - May 5 at 3:15 PM
finance.yahoo.com logo[$$] Seth Bernstein steps into the breach at AllianceBernstein
finance.yahoo.com - May 5 at 3:15 PM
finance.yahoo.com logoAXA Kills the Messenger
finance.yahoo.com - May 4 at 3:15 PM
finance.yahoo.com logoAllianceBernstein Holding LP : AB-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 3:15 PM
finance.yahoo.com logo[$$] Uncertainty swirls over Axa's shake-up of AllianceBernstein
finance.yahoo.com - May 4 at 1:19 AM
nasdaq.com logoAllianceBernstein Holding L.P. (AB) Ex-Dividend Date Scheduled for May 04, 2017 - Nasdaq
www.nasdaq.com - May 3 at 3:17 PM
finance.yahoo.com logoTop Ranked Income Stocks to Buy for May 3rd
finance.yahoo.com - May 3 at 3:17 PM
nasdaq.com logoAllianceBernstein Terminates CEO
www.nasdaq.com - May 2 at 3:20 PM
finance.yahoo.com logo[$$] Axa ousts AllianceBernstein chief Peter Kraus in shake-up
finance.yahoo.com - May 2 at 3:20 PM
finance.yahoo.com logo[$$] AllianceBernstein Picks Longtime J.P. Morgan Executive as CEO
finance.yahoo.com - May 2 at 3:20 PM
finance.yahoo.com logoPRESS DIGEST- Financial Times - May 2
finance.yahoo.com - May 2 at 3:20 PM
finance.yahoo.com logoWhat is Going on at AllianceBernstein?
finance.yahoo.com - May 2 at 3:20 PM
finance.yahoo.com logo5 Top Dividend Picks to Cast Out Sell in May Spell
finance.yahoo.com - May 2 at 3:20 PM
americanbankingnews.com logoAllianceBernstein Holding (AB) Earning Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - May 2 at 7:46 AM
finance.yahoo.com logo[$$] AllianceBernstein’s CEO, Independent Directors Ousted
finance.yahoo.com - May 2 at 5:29 AM
seekingalpha.com logoAllianceBernstein mostly mum on sacking of chairman and CEO; shares -3.4%
seekingalpha.com - May 1 at 4:14 PM
bloomberg.com logoAllianceBernstein Ousts Kraus, Removes Directors in Shake-Up - Bloomberg
www.bloomberg.com - May 1 at 3:15 PM
streetinsider.com logoAllianceBernstein (AB) Names Seth Bernstein as CEO - StreetInsider.com
www.streetinsider.com - May 1 at 11:59 AM
finance.yahoo.com logo[$$] AllianceBernstein's CEO, Independent Directors Ousted
finance.yahoo.com - May 1 at 11:59 AM

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Chart

AllianceBernstein Holding LP (AB) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff