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 Ratio12.70
Forward P/E Ratio11.48
Sales & Book Value
Annual Sales$3.30 billion
Price / Sales0.86
Cash Flow$2.3432 per share
Price / Cash12.44
Book Value$16.49 per share
Price / Book1.77
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 declared a quarterly dividend on Saturday, April 28th. Investors 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 10.03%. The ex-dividend date is Friday, May 4th. View AllianceBernstein's Dividend History.
How were AllianceBernstein's earnings last quarter?
AllianceBernstein (NYSE:AB) released its quarterly earnings results on Thursday, April, 26th. The asset manager reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. The asset manager earned $867.78 million during 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%. AllianceBernstein's revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 EPS. View AllianceBernstein's Earnings History.
When is AllianceBernstein's next earnings date?
What price target have analysts set for AB?
2 Wall Street analysts have issued 1 year price targets for AllianceBernstein's shares. Their forecasts range from $31.00 to $31.00. On average, they expect 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 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 short sold.
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?
Media stories about AB stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AllianceBernstein earned a media sentiment score of 0.21 on Accern's scale. They also assigned news headlines about the asset manager an impact score of 45.23 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are AllianceBernstein's major shareholders?
AllianceBernstein's stock is owned by a variety of of institutional and retail 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 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 $29.10.
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.