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
Stock Exchange NYSE
Industry Investment advice
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:AB
Previous Symbol
CUSIPN/A
Phone212-969-1000
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio11.46
Forward P/E Ratio9.80
P/E Growth1.57
Sales & Book Value
Annual Sales$3.30 billion
Price / Sales0.77
Cash Flow$2.3381 per share
Price / Cash Flow11.27
Book Value$16.49 per share
Price / Book1.60
Profitability
EPS (Most Recent Fiscal Year)$2.30
Net Income$207.42 million
Net Margins7.52%
Return on Equity18.08%
Return on Assets18.07%
Miscellaneous
Employees3,466
Outstanding Shares96,370,000
Market Cap$2.54 billion
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. Stockholders of record on Monday, November 5th will be given a dividend of $0.69 per share on Thursday, November 15th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date of this dividend is Friday, November 2nd. This is a positive change 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 earnings results on Wednesday, October, 24th. The asset manager reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks' 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 net margin of 7.52% and a return on equity of 18.08%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 earnings per share. View AllianceBernstein's Earnings History.
When is AllianceBernstein's next earnings date?
What price target have analysts set for AB?
1 equities research analysts have issued 12-month 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 29.0% 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 positive recently, according to InfoTrie. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AllianceBernstein earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next several days.
Who are some of AllianceBernstein's key competitors?
Some companies that are related to AllianceBernstein include Invesco (IVZ), Oaktree Capital Group (OAK), Affiliated Managers Group (AMG), Apollo Global Management (APO), Morningstar (MORN), Lazard (LAZ), Eaton Vance (EV), Janus Henderson Group (JHG), Evercore (EVR), MAN GRP PLC/ADR (MNGPY), Houlihan Lokey (HLI), Federated Investors (FII), Noah (NOAH), Ares Management LP Unit (ARES) and Legg Mason (LM).
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 variety of of retail and institutional investors. Top institutional investors include American Century Companies Inc. (1.49%), Franklin Resources Inc. (1.23%), Wells Fargo & Company MN (1.17%), Morgan Stanley (1.16%), JPMorgan Chase & Co. (0.92%) and JPMorgan Chase & Co. (0.92%). 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?
AB stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Franklin Resources Inc., Gabelli Funds LLC, Gamco Investors INC. ET AL, Morgan Stanley, Bank of New York Mellon Corp, NN Investment Partners Holdings N.V. and Paradigm Asset Management Co. LLC. View Insider Buying and Selling for AllianceBernstein.
Which institutional investors are buying AllianceBernstein stock?
AB stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, JPMorgan Chase & Co., JPMorgan Chase & Co., Dalton Greiner Hartman Maher & Co., First Republic Investment Management Inc., Resources Management Corp CT ADV, Rehmann Capital Advisory Group and GSA Capital Partners LLP. 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 $26.35.
How big of a company is AllianceBernstein?
AllianceBernstein has a market capitalization of $2.54 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.
