AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Phone212-969-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.30 billion
Profitability
Miscellaneous
Employees3,466
OptionableOptionable
AllianceBernstein (NYSE:AB) Frequently Asked Questions
What is AllianceBernstein's stock symbol?
AllianceBernstein trades on the New York Stock Exchange (NYSE) under the ticker symbol "AB."
How often does AllianceBernstein pay dividends? What is the dividend yield for AllianceBernstein?
AllianceBernstein announced a quarterly dividend on Thursday, October 25th. Shareholders of record on Monday, November 5th will be paid a dividend of $0.69 per share on Thursday, November 15th. This represents a $2.76 dividend on an annualized basis and a yield of 9.34%. The ex-dividend date of this dividend is Friday, November 2nd. This is a boost from AllianceBernstein's previous quarterly dividend of $0.62. View AllianceBernstein's Dividend History.
How were AllianceBernstein's earnings last quarter?
AllianceBernstein Holding LP (NYSE:AB) issued its quarterly earnings data on Wednesday, October, 24th. The asset manager reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.63 by $0.06. The asset manager earned $850.20 million during the quarter, compared to the consensus estimate of $701.40 million. AllianceBernstein had a return on equity of 18.08% and a net margin of 7.52%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. View AllianceBernstein's Earnings History.
When is AllianceBernstein's next earnings date?
What price target have analysts set for AB?
1 brokerages have issued 1-year target prices for AllianceBernstein's shares. Their predictions range from $34.00 to $34.00. On average, they expect AllianceBernstein's share price to reach $34.00 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for AllianceBernstein.
What is the consensus analysts' recommendation for AllianceBernstein?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AllianceBernstein.
Has AllianceBernstein been receiving favorable news coverage?
Headlines about AB stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. AllianceBernstein earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.
Who are some of AllianceBernstein's key competitors?
Some companies that are related to AllianceBernstein include Invesco (IVZ), Oaktree Capital Group (OAK), Apollo Global Management (APO), Affiliated Managers Group (AMG), Lazard (LAZ), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Evercore (EVR), MAN GRP PLC/ADR (MNGPY), Houlihan Lokey (HLI), Noah (NOAH), Federated Investors (FII), Legg Mason (LM) and Moelis & Co (MC).
Who are AllianceBernstein's key executives?
AllianceBernstein's management team includes the folowing people:
- Mr. Seth Perry Bernstein, Pres, CEO & Director of AllianceBernstein Corp. (Age 57)
- Mr. John Charles Weisenseel CPA, CFO & Sr. VP of Alliancebernstein Corp. (Age 58)
- Mr. James Andrew Gingrich, Chief Operating Officer of Alliancebernstein Corp. (Age 59)
- Mr. Laurence Edward Cranch, Gen. Counsel of Alliancebernstein Corp. (Age 71)
- Ms. Kate C. Burke, Head of Human Capital & Chief Talent Officer of Alliancebernstein Corp. (Age 46)
Who are AllianceBernstein's major shareholders?
AllianceBernstein's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Blue Fin Capital Inc. (0.04%), First American Trust FSB (0.01%), Ipswich Investment Management Co. Inc. (0.00%) and TCI Wealth Advisors Inc. (0.00%). Company insiders that own AllianceBernstein stock include Axa America Holdings, Inc, Axa Equitable Holdings, Inc, Brugge Robert P Van, Deborah S Hechinger, Edward J Farrell, James A Gingrich, John C Weisenseel, Laurence E Cranch, Lorie A Slutsky, Robert B Zoellick, Scott A Schoen, Steven G Elliott and Weston M Hicks. View Institutional Ownership Trends for AllianceBernstein.
Which institutional investors are selling AllianceBernstein stock?
Which institutional investors are buying AllianceBernstein stock?
AB stock was bought by a variety of institutional investors in the last quarter, including Ipswich Investment Management Co. Inc. and TCI Wealth Advisors Inc.. Company insiders that have bought AllianceBernstein stock in the last two years include Axa America Holdings, Inc, Axa Equitable Holdings, Inc and Robert B Zoellick. View Insider Buying and Selling for AllianceBernstein.
How do I buy shares of AllianceBernstein?
Shares of AB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is AllianceBernstein's stock price today?
One share of AB stock can currently be purchased for approximately $29.55.
How big of a company is AllianceBernstein?
AllianceBernstein has a market capitalization of $2.78 billion and generates $3.30 billion in revenue each year. The asset manager earns $207.42 million in net income (profit) each year or $2.30 on an earnings per share basis. AllianceBernstein employs 3,466 workers across the globe.
What is AllianceBernstein's official website?
How can I contact AllianceBernstein?
AllianceBernstein's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The asset manager can be reached via phone at 212-969-1000 or via email at [email protected]
MarketBeat Community Rating for AllianceBernstein (NYSE AB)
MarketBeat's community ratings are surveys of what our community members think about AllianceBernstein and other stocks. Vote "Outperform" if you believe AB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AB will underperform the S&P 500 over the long term. You may vote once every thirty days.
