About AllianceBernstein (NYSE:AB)
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
Trailing P/E Ratio12.83
Forward P/E Ratio11.60
Sales & Book Value
Annual Sales$3.30 billion
Price / Sales0.87
Cash Flow$2.3690 per share
Price / Cash12.44
Book Value$16.49 per share
Price / Book1.79
EPS (Most Recent Fiscal Year)$2.30
Net Income$207.42 million
Return on Equity16.37%
Return on Assets16.37%
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 Saturday, April 28th. Stockholders of record on Monday, May 7th will be given a dividend of $0.73 per share on Thursday, May 17th. This represents a $2.92 annualized dividend and a dividend yield of 9.91%. The ex-dividend date of this dividend is Friday, May 4th. View AllianceBernstein's Dividend History.
How were AllianceBernstein's earnings last quarter?
AllianceBernstein (NYSE:AB) announced its earnings results on Thursday, April, 26th. The asset manager reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.05. The asset manager had revenue of $867.78 million for the quarter, compared to analyst estimates of $895.30 million. AllianceBernstein had a net margin of 6.53% and a return on equity of 16.37%. The company's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 earnings per share. View AllianceBernstein's Earnings History.
When is AllianceBernstein's next earnings date?
What price target have analysts set for AB?
2 brokerages have issued 1 year target prices for AllianceBernstein's stock. Their forecasts range from $31.00 to $31.00. On average, they anticipate AllianceBernstein's stock price to reach $31.00 in the next year. View Analyst Ratings for AllianceBernstein.
Are investors shorting AllianceBernstein?
AllianceBernstein saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 580,248 shares, a drop of 38.2% from the May 15th total of 938,855 shares. Based on an average trading volume of 400,243 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.6% of the company's stock are sold short.
Who are some of AllianceBernstein's key competitors?
Some companies that are related to AllianceBernstein include Invesco (IVZ), Affiliated Managers Group (AMG), Lazard (LAZ), Eaton Vance (EV), Oaktree Capital Group (OAK), Apollo Global Management LLC Class A (APO), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY), Moelis & Co (MC), Noah (NOAH), Houlihan Lokey (HLI), Legg Mason (LM) and Financial Engines (FNGN).
Who are AllianceBernstein's key executives?
AllianceBernstein's management team includes the folowing people:
- Mr. Seth Perry Bernstein, Pres, CEO & Director (Age 57)
- Mr. John Charles Weisenseel CPA, CFO & Sr. VP (Age 58)
- Mr. James Andrew Gingrich, Chief Operating Officer (Age 59)
- Mr. Laurence Edward Cranch, Gen. Counsel (Age 71)
- Ms. Kate C. Burke, Head of Human Capital & Chief Talent Officer (Age 46)
Has AllianceBernstein been receiving favorable news coverage?
Press coverage about AB stock has been trending positive on Monday, according to Accern. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AllianceBernstein earned a media sentiment score of 0.34 on Accern's scale. They also gave media coverage about the asset manager an impact score of 43.35 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are AllianceBernstein's major shareholders?
AllianceBernstein's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include AXA FINANCIAL INC (28.00%), American Century Companies Inc. (2.57%), Franklin Resources Inc. (1.36%), Wells Fargo & Company MN (1.10%), JPMorgan Chase & Co. (0.62%) and Foresters Investment Management Company Inc. (0.53%). 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., Stifel Financial Corp, Wells Fargo & Company MN, Gamco Investors INC. ET AL, Hillsdale Investment Management Inc., UBS Group AG and LPL Financial LLC. Company insiders that have sold AllianceBernstein company stock in the last year include Brugge Robert P Van, Edward J Farrell, James A Gingrich, John C Weisenseel, Laurence E Cranch and Weston M Hicks. View Insider Buying and Selling for AllianceBernstein.
Which institutional investors are buying AllianceBernstein stock?
AB stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., KAMES CAPITAL plc, Schroder Investment Management Group, CIBC World Markets Inc., Susquehanna Fundamental Investments LLC, Northern Trust Corp, First Republic Investment Management Inc. and Foundry Partners LLC. 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 $29.47.
How big of a company is AllianceBernstein?
AllianceBernstein has a market capitalization of $2.84 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.
How can I contact AllianceBernstein?
AllianceBernstein's mailing address is 1345 AVE 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 (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.