NYSE:AB - AllianceBernstein Stock Price, News & Analysis

$28.45
+0.43 (+1.53 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$28.20
Now: $28.45
$28.49
50-Day Range
$26.63
MA: $29.14
$30.82
52-Week Range
$23.34
Now: $28.45
$31.42
Volume258,358 shs
Average Volume267,889 shs
Market Capitalization$2.75 billion
P/E Ratio10.65
Dividend Yield7.99%
Beta1.22
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. Read More…

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$2.7947 per share
Book Value$15.21 per share

Profitability

Net Income$242.39 million

Miscellaneous

Employees3,641
Market Cap$2.75 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 25th. Stockholders of record on Monday, August 5th will be given a dividend of $0.56 per share on Thursday, August 22nd. This represents a $2.24 annualized dividend and a dividend yield of 7.87%. The ex-dividend date is Friday, August 2nd. This is a boost from AllianceBernstein's previous quarterly dividend of $0.49. View AllianceBernstein's Dividend History.

How were AllianceBernstein's earnings last quarter?

AllianceBernstein Holding LP (NYSE:AB) posted its quarterly earnings results on Thursday, July, 25th. The asset manager reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.02. The asset manager had revenue of $714 million for the quarter, compared to analyst estimates of $778.88 million. AllianceBernstein had a net margin of 6.79% and a return on equity of 15.54%. AllianceBernstein's revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.62 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 Wednesday, October 23rd 2019. View Earnings Estimates for AllianceBernstein.

What price target have analysts set for AB?

2 equities research analysts have issued 1-year target prices for AllianceBernstein's stock. Their forecasts range from $35.00 to $37.00. On average, they anticipate AllianceBernstein's stock price to reach $36.00 in the next year. This suggests a possible upside of 26.5% from the stock's current price. View Analyst Price Targets for AllianceBernstein.

What is the consensus analysts' recommendation for AllianceBernstein?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AllianceBernstein in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AllianceBernstein.

Has AllianceBernstein been receiving favorable news coverage?

News coverage about AB stock has been trending positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. AllianceBernstein earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage 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 stock's share price in the next several days. View News Stories for AllianceBernstein.

Are investors shorting AllianceBernstein?

AllianceBernstein saw a increase in short interest in July. As of July 15th, there was short interest totalling 671,100 shares, an increase of 13.9% from the June 15th total of 589,300 shares. Based on an average daily trading volume, of 215,400 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.8% of the shares of the company are sold short. View AllianceBernstein's Current Options Chain.

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 Bank of America (BAC), Apollo Global Management (APO), Intelsat (I), AT&T (T), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Micron Technology (MU), AMC Entertainment (AMC) and Energy Transfer LP Unit (ET).

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 investors include Bank of America Corp DE (1.51%), UBS Group AG (1.37%), Morgan Stanley (1.23%), Wells Fargo & Company MN (0.98%), JPMorgan Chase & Co. (0.66%) and Foundry Partners LLC (0.64%). Company insiders that own AllianceBernstein stock include Axa America Holdings, Inc, Axa Equitable Holdings, Inc, Brugge Robert P Van, Edward J Farrell, James A Gingrich, John C Weisenseel, Kate C Burke, Laurence E Cranch 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 Rothschild Investment Corp IL, Gamco Investors INC. ET AL, Mckinley Capital Management LLC Delaware, LPL Financial LLC, Allianz Asset Management GmbH, Dumont & Blake Investment Advisors LLC, Dalton Greiner Hartman Maher & Co. and Signet Financial Management LLC. Company insiders that have sold AllianceBernstein company stock in the last year include James A Gingrich, John C Weisenseel, Kate C Burke 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 Morgan Stanley, JPMorgan Chase & Co., UBS Group AG, Bank of Montreal Can, Renaissance Technologies LLC, Foundry Partners LLC, Marshall Wace North America L.P. and GAM Holding AG. Company insiders that have bought AllianceBernstein stock in the last two years include Axa America Holdings, Inc and Axa Equitable Holdings, Inc. 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 $28.45.

How big of a company is AllianceBernstein?

AllianceBernstein has a market capitalization of $2.75 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.View Additional Information About AllianceBernstein.

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:  2.1 out of 5 (star star)
Outperform Votes:  303 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  738
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 8/22/2019 by MarketBeat.com Staff

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