NYSE:AB - AllianceBernstein Stock Price, News, & Analysis

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$29.07 -0.32 (-1.09 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$29.39
Today's Range$29.04 - $29.64
52-Week Range$23.34 - $31.42
Volume174,959 shs
Average Volume363,801 shs
Market Capitalization$2.81 billion
P/E Ratio10.89
Dividend Yield8.71%
Beta1.23
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.

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Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-969-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.37 billion
Cash Flow$2.6719 per share
Book Value$15.42 per share

Profitability

Net Income$242.39 million

Miscellaneous

Employees3,641
Market Cap$2.81 billion
Next Earnings Date4/25/2019 (Estimated)
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 declared a quarterly dividend on Thursday, February 14th. Investors of record on Monday, February 25th will be given a dividend of $0.64 per share on Thursday, March 7th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 8.81%. The ex-dividend date is Friday, February 22nd. View AllianceBernstein's Dividend History.

How were AllianceBernstein's earnings last quarter?

AllianceBernstein Holding LP (NYSE:AB) released its quarterly earnings results on Wednesday, February, 13th. The asset manager reported $0.64 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.64. The asset manager had revenue of $804.66 million for the quarter, compared to analyst estimates of $706.20 million. AllianceBernstein had a return on equity of 17.10% and a net margin of 7.21%. The business's revenue for the quarter was down 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.84 EPS. View AllianceBernstein's Earnings History.

When is AllianceBernstein's next earnings date?

AllianceBernstein is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for AllianceBernstein.

What price target have analysts set for AB?

1 analysts have issued 12 month price targets for AllianceBernstein's shares. Their predictions range from $34.00 to $34.00. On average, they anticipate AllianceBernstein's stock price to reach $34.00 in the next year. This suggests a possible upside of 17.0% 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?

Media coverage about AB stock has trended neutral this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. AllianceBernstein earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave media stories about the asset manager a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of AllianceBernstein's key competitors?

What other stocks do shareholders of AllianceBernstein own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AllianceBernstein investors own include Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), Micron Technology (MU), Blackstone Group (BX), Bank of America (BAC), Verizon Communications (VZ), Cisco Systems (CSCO), Altria Group (MO) and Lam Research (LRCX).

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 58)
  • Mr. John Charles Weisenseel CPA, CFO & Sr. VP of Alliancebernstein Corp. (Age 59)
  • Mr. James Andrew Gingrich, Chief Operating Officer of Alliancebernstein Corp. (Age 60)
  • Mr. William R. Siemers, Controller & Chief Accounting Officer (Age 59)
  • Mr. Laurence Edward Cranch, Gen. Counsel of Alliancebernstein Corp. (Age 72)

Who are AllianceBernstein's major shareholders?

AllianceBernstein's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (1.47%), American Century Companies Inc. (1.03%), FMR LLC (0.77%), Foresters Investment Management Company Inc. (0.65%), Royce & Associates LP (0.40%) and Stifel Financial Corp (0.30%). 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., Stifel Financial Corp, Bank of America Corp DE, PNC Financial Services Group Inc., Citigroup Inc., Bank of Montreal Can, Rothschild Investment Corp IL and M&T Bank Corp. Company insiders that have sold AllianceBernstein company stock in the last year include James A Gingrich and Laurence E Cranch. View Insider Buying and Selling for AllianceBernstein.

Which institutional investors are buying AllianceBernstein stock?

AB stock was purchased by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Foresters Investment Management Company Inc., Inlet Private Wealth LLC, Jane Street Group LLC, United Income Inc., Mckinley Capital Management LLC Delaware, Strategic Wealth Advisors Group LLC and Oppenheimer & Co. 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 $29.07.

How big of a company is AllianceBernstein?

AllianceBernstein has a market capitalization of $2.81 billion and generates $3.37 billion in revenue each year. The asset manager earns $242.39 million in net income (profit) each year or $2.67 on an earnings per share basis. AllianceBernstein employs 3,641 workers across the globe.

What is AllianceBernstein's official website?

The official website for AllianceBernstein is http://www.abglobal.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  688
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.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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