NYSE:AB - AllianceBernstein Stock Price, Price Target & More

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$29.15 +0.20 (+0.69 %)
(As of 06/24/2018 10:47 AM ET)
Previous Close$29.15
Today's Range$28.90 - $29.20
52-Week Range$22.55 - $29.80
Volume185,547 shs
Average Volume295,462 shs
Market Capitalization$2.83 billion
P/E Ratio12.67
Dividend Yield10.09%
Beta1.44
AllianceBernstein logoAllianceBernstein 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
SymbolNYSE:AB
CUSIPN/A
Phone212-969-1000

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio12.67
Forward P/E Ratio11.48
P/E Growth1.62

Sales & Book Value

Annual Sales$3.30 billion
Price / Sales0.86
Cash Flow$2.3546 per share
Price / Cash12.38
Book Value$16.49 per share
Price / Book1.77

Profitability

EPS (Most Recent Fiscal Year)$2.30
Net Income$207.42 million
Net Margins6.53%
Return on Equity16.37%
Return on Assets16.37%

Miscellaneous

Employees3,466
Outstanding Shares97,640,000

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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. Shareholders 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 dividend on an annualized basis and a yield of 10.02%. 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 the consensus estimate of $895.30 million. AllianceBernstein had a return on equity of 16.37% and a net margin of 6.53%. The business's quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 earnings per share. View AllianceBernstein's Earnings History.

When is AllianceBernstein's next earnings date?

AllianceBernstein is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for AllianceBernstein.

What price target have analysts set for AB?

2 analysts have issued 1-year price targets for AllianceBernstein's shares. Their predictions range from $31.00 to $31.00. On average, they anticipate AllianceBernstein's stock price to reach $31.00 in the next twelve months. View Analyst Ratings for AllianceBernstein.

Are investors shorting AllianceBernstein?

AllianceBernstein saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 580,248 shares, a decrease of 38.2% from the May 15th total of 938,855 shares. Based on an average daily trading volume, of 400,243 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.6% of the company's shares are sold short. View AllianceBernstein's Current Options Chain.

Who are some of AllianceBernstein's key competitors?

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?

Media coverage about AB stock has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AllianceBernstein earned a daily sentiment score of 0.08 on Accern's scale. They also gave media stories about the asset manager an impact score of 44.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are AllianceBernstein's major shareholders?

AllianceBernstein's stock is owned by many different of retail and institutional investors. Top institutional investors 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 major 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 major investors are buying AllianceBernstein stock?

AB stock was acquired 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 $29.15.

How big of a company is AllianceBernstein?

AllianceBernstein has a market capitalization of $2.83 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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  611
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 6/24/2018 by MarketBeat.com Staff

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