Affiliated Managers Group Company Profile (NYSE:AMG)

About Affiliated Managers Group

Affiliated Managers Group logoAffiliated Managers Group, Inc. is an asset management company with equity investments in boutique investment management firms (Affiliates). The Company is focused on investing in the boutique investment management firms globally, including traditional, alternative and wealth management firms, specializing in an array of active return-oriented investment strategies. The Company manages assets in its three distribution channels: Institutional, Mutual Fund and High Net Worth. Through its Affiliates, the Company manages active return-oriented strategies primarily through separate accounts for large institutional investors around the world, including foundations, endowments, sovereign wealth funds and retirement plans for corporations and municipalities. The Company's aggregate assets under management are $611.3 billion in over 500 investment products across a range of active return-oriented strategies and distribution channels.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: AMG
  • CUSIP: 00825210
Key Metrics:
  • Previous Close: $169.26
  • 50 Day Moving Average: $154.73
  • 200 Day Moving Average: $147.09
  • 52-Week Range: $130.48 - $179.85
  • Trailing P/E Ratio: 19.61
  • Foreward P/E Ratio: 10.27
  • P/E Growth: 0.82
  • Market Cap: $9.24B
  • Outstanding Shares: 55,000,000
  • Beta: 1.59
Profitability:
  • Net Margins: 21.48%
  • Return on Equity: 17.65%
  • Return on Assets: 8.52%
Debt:
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.51%
Additional Links:
Companies Related to Affiliated Managers Group:

Analyst Ratings

Consensus Ratings for Affiliated Managers Group (NYSE:AMG) (?)
Ratings Breakdown: 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.78)
Consensus Price Target: $168.33 (0.18% upside)

Analysts' Ratings History for Affiliated Managers Group (NYSE:AMG)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Jefferies Group LLCBoost Price TargetPositive$191.00 -> $195.00View Rating Details
1/31/2017Credit Suisse GroupSet Price TargetBuy$194.00View Rating Details
1/31/2017Citigroup Inc.Reiterated RatingBuyView Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeConviction-Buy -> Buy$190.00View Rating Details
11/4/2016Deutsche Bank AGDowngradeBuy -> Hold$159.00 -> $132.00View Rating Details
10/5/2016Capital One Financial CorporationReiterated RatingBuy$188.00View Rating Details
8/2/2016Keefe, Bruyette & WoodsLower Price TargetOutperform$215.00 -> $196.00View Rating Details
5/13/2016SidotiDowngradeBuy -> Neutral$46.00View Rating Details
5/9/2016ABN AmroUpgradeHold -> BuyView Rating Details
4/12/2016Sandler O'NeillBoost Price Target$163.00 -> $199.00View Rating Details
2/3/2016Barrington ResearchReiterated RatingBuy$200.00 -> $165.00View Rating Details
11/10/2015William BlairReiterated RatingBuyView Rating Details
8/9/2015Standpoint ResearchReiterated RatingHold$256.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Affiliated Managers Group (NYSE:AMG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
1/30/2017Q416$3.70$3.80$563.42 million$550.30 millionViewN/AView Earnings Details
10/31/2016Q316$3.00$3.02$565.44 million$613.10 millionViewListenView Earnings Details
8/1/2016Q216$3.01$3.06$565.16 million$646.60 millionViewN/AView Earnings Details
5/3/2016Q116$2.92$2.94$583.37 million$635.00 millionViewN/AView Earnings Details
2/2/2016Q415$3.60$3.61$616.14 million$589.80 millionViewN/AView Earnings Details
11/9/2015Q315$2.87$2.93$635.84 million$613.10 millionViewN/AView Earnings Details
7/28/2015Q215$3.02$3.08$664.23 million$646.60 millionViewListenView Earnings Details
4/28/2015Q115$2.90$2.91$650.89 million$593.10 millionViewN/AView Earnings Details
1/27/2015Q414$3.46$3.55$662.28 million$641.20 millionViewN/AView Earnings Details
11/3/2014Q314$2.71$2.76$650.05 million$640.30 millionViewN/AView Earnings Details
7/29/2014Q214$2.60$2.65$630.56 million$541.00 millionViewListenView Earnings Details
4/29/2014Q114$2.38$2.48$607.83 million$593.10 millionViewListenView Earnings Details
2/4/2014Q413$3.09$3.66$630.33 million$491.00 millionViewListenView Earnings Details
11/5/2013Q313$2.15$2.19$556.95 million$551.60 millionViewListenView Earnings Details
7/30/2013Q2 2013$2.10$2.18$527.10 million$541.00 millionViewListenView Earnings Details
4/30/2013Q1 2013$2.03$2.27$519.71 million$502.20 millionViewListenView Earnings Details
1/29/2013Q4 2012$2.43$1.40$527.00 million$491.00 millionViewN/AView Earnings Details
10/31/2012Q312$1.88$1.91$486.43 million$467.30 millionViewN/AView Earnings Details
7/31/2012$1.65$1.66ViewN/AView Earnings Details
5/1/2012$1.56$1.58ViewN/AView Earnings Details
1/31/2012$1.74$1.76ViewN/AView Earnings Details
10/25/2011$1.54$1.55ViewN/AView Earnings Details
7/26/2011$1.66$1.71ViewN/AView Earnings Details
4/26/2011$1.59$1.60ViewN/AView Earnings Details
2/1/2011$1.93$2.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Affiliated Managers Group (NYSE:AMG)
Current Year EPS Consensus Estimate: $14.68 EPS
Next Year EPS Consensus Estimate: $16.36 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$2.90$2.99$2.95
Q2 20163$2.99$3.04$3.01
Q3 20163$2.97$3.04$3.01
Q4 20163$3.62$3.76$3.71
Q1 20173$3.09$3.15$3.11
Q2 20173$3.22$3.27$3.25
Q3 20173$3.30$3.40$3.35
Q4 20173$4.43$5.00$4.72
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Affiliated Managers Group (NYSE:AMG)
Annual Dividend:$0.80
Dividend Yield:0.48%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:9.35% (Based on Trailing 12 Months of Earnings)
5.45% (Based on Current Year Consensus EPS Estimate)
4.89% (Based on Next Year Consensus EPS Estimate)

Dividend History for Affiliated Managers Group (NYSE:AMG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/3/2017quarterly$0.202/7/20172/9/20172/23/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Affiliated Managers Group (NYSE:AMG)
Insider Ownership Percentage: 1.96%
Institutional Ownership Percentage: 98.85%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2016Sean M HealeyCEOSell62,000$154.84$9,600,080.00View SEC Filing  
12/12/2016Dwight D ChurchillDirectorSell3,125$160.23$500,718.75View SEC Filing  
6/8/2015Nathaniel DaltonCOOSell75,000$222.29$16,671,750.00View SEC Filing  
5/4/2015William J NuttDirectorSell5,625$227.25$1,278,281.25View SEC Filing  
2/24/2015Nathaniel DaltonCOOSell70,167$216.74$15,207,995.58View SEC Filing  
2/23/2015Nathaniel DaltonCOOSell45,875$215.72$9,896,155.00View SEC Filing  
9/10/2014Patrick T RyanDirectorSell20,468$207.28$4,242,607.04View SEC Filing  
8/22/2014Sean M HealeyCEOSell144,247$200.85$28,972,009.95View SEC Filing  
8/4/2014Nathaniel DaltonCOOSell101,089$196.40$19,853,879.60View SEC Filing  
5/9/2014Jay HorgenCFOSell73,389$193.73$14,217,650.97View SEC Filing  
5/8/2014Harold MeyermanDirectorSell6,881$196.62$1,352,942.22View SEC Filing  
5/8/2014John Kingston IIIChairmanSell69,800$195.35$13,635,430.00View SEC Filing  
9/10/2013Andrew DysonEVPSell10,000$180.37$1,803,700.00View SEC Filing  
8/7/2013William NuttDirectorSell28,500$180.62$5,147,670.00View SEC Filing  
8/2/2013Nathaniel DaltonCOOSell50,000$185.24$9,262,000.00View SEC Filing  
8/1/2013Samuel ByrneDirectorSell5,666$183.95$1,042,260.70View SEC Filing  
8/1/2013Sean HealeyCEOSell105,000$183.78$19,296,900.00View SEC Filing  
5/14/2013Rita M RodriguezDirectorSell3,425$163.76$560,878.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Affiliated Managers Group (NYSE:AMG)
DateHeadline
biz.yahoo.com logoAFFILIATED MANAGERS GROUP, INC. Files SEC form 10-K, Annual Report (NYSE:AMG)
biz.yahoo.com - February 24 at 8:44 PM
News IconStock Focus: Checking the Chart for Affiliated Managers Group, Inc. (NYSE:AMG) - Baxter Review (NYSE:AMG)
baxternewsreview.com - February 24 at 3:43 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Affiliated Managers Group, Inc. (AMG) - Energy Index (NYSE:AMG)
www.energyindexwatch.com - February 24 at 3:43 PM
News IconLooking at the Levels for Affiliated Managers Group Inc (AMG) - SKV News (NYSE:AMG)
skvnews.com - February 23 at 3:31 PM
News IconShare Watch: Examining the Levels for Affiliated Managers Group, Inc. (NYSE:AMG) - Davidson Register (NYSE:AMG)
davidsonregister.com - February 22 at 8:32 PM
News IconTrading Report: Following Shares of Affiliated Managers Group, Inc. (NYSE:AMG) - Providence Standard (NYSE:AMG)
providencestandard.com - February 22 at 3:30 PM
News IconA Keen Look At The Chart For Affiliated Managers Group, Inc. (AMG) - NY Stock News (NYSE:AMG)
nystocknews.com - February 22 at 3:30 PM
News IconTrading Review: Checking on Shares of Affiliated Managers Group, Inc. (NYSE:AMG) - Rives Journal (NYSE:AMG)
rivesjournal.com - February 16 at 3:35 PM
News IconShares in Review: Affiliated Managers Group, Inc. (NYSE:AMG) - Providence Standard (NYSE:AMG)
providencestandard.com - February 10 at 3:59 PM
News IconTrading Scanner: Following Shares of Affiliated Managers Group, Inc. (NYSE:AMG) - The Standard (NYSE:AMG)
6milestandard.com - February 9 at 3:32 PM
News IconStock in Review: Affiliated Managers Group, Inc. (NYSE:AMG) - Rives Journal (NYSE:AMG)
rivesjournal.com - February 8 at 3:42 PM
News IconEquity in Focus: Affiliated Managers Group, Inc. (NYSE:AMG) - Searcy Sentinel (NYSE:AMG)
searcysentinel.com - February 7 at 3:59 PM
News IconAffiliated Managers Group, Inc. (NYSE:AMG) Shares Upgraded To Hold (NYSE:AMG)
stockmarketdaily.co - February 7 at 1:36 AM
nasdaq.com logoAffiliated Managers Group, Inc. (AMG) Ex-Dividend Date Scheduled for February 07, 2017 - Nasdaq (NYSE:AMG)
www.nasdaq.com - February 6 at 3:33 PM
News IconBrokers Change Their Target Price On Affiliated Managers Group, Inc. (NYSE:AMG) (NYSE:AMG)
mundoaguaysaneamiento.net - February 4 at 3:34 PM
blogs.barrons.com logoCredit Suisse's Top Asset Manager, Broker, and Exchange Picks Are… (NYSE:AMG)
blogs.barrons.com - February 3 at 3:37 PM
capitalcube.com logoETFs with exposure to Affiliated Managers Group, Inc. : February 2, 2017 (NYSE:AMG)
www.capitalcube.com - February 2 at 3:30 PM
capitalcube.com logoETFs with exposure to Affiliated Managers Group, Inc. : February 2, 2017 (NYSE:AMG)
www.capitalcube.com - February 2 at 3:30 PM
businesswire.com logoAMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2016 - Business Wire (press release) (NYSE:AMG)
www.businesswire.com - February 1 at 3:35 PM
blogs.barrons.com logoAnalysts Praise Affiliated Managers' Earnings (NYSE:AMG)
blogs.barrons.com - February 1 at 3:35 PM
capitalcube.com logoAffiliated Managers Group, Inc. :AMG-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017 (NYSE:AMG)
www.capitalcube.com - February 1 at 3:35 PM
istreetwire.com logoTrader Alert: CARBO Ceramics Inc. (CRR), Affiliated Managers Group, Inc. (AMG), MFA Financial, Inc. (MFA) - iStreetWire (NYSE:AMG)
istreetwire.com - January 31 at 3:40 PM
marketexclusive.com logoAnalyst Activity – Citigroup Inc. Reiterates Buy on Affiliated Managers Group (NYSE:AMG) - Market Exclusive (NYSE:AMG)
marketexclusive.com - January 31 at 3:40 PM
capitalcube.com logoAffiliated Managers Group, Inc. breached its 50 day moving average in a Bullish Manner : AMG-US : January 31, 2017 (NYSE:AMG)
www.capitalcube.com - January 31 at 3:40 PM
capitalcube.com logoAffiliated Managers Group, Inc. :AMG-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NYSE:AMG)
www.capitalcube.com - January 31 at 3:40 PM
finance.yahoo.com logoAffiliated Managers Group Looks Inexpensive (NYSE:AMG)
finance.yahoo.com - January 31 at 1:56 AM
bloomberg.com logoRecent AMG News (NYSE:AMG)
www.bloomberg.com - January 30 at 8:56 PM
4-traders.com logoAffiliated Managers : AMG Announces Initiation of Cash Dividend and Increase in Share Repurchase Authorization (NYSE:AMG)
www.4-traders.com - January 30 at 8:56 PM
us.rd.yahoo.com logoAMG Announces Initiation of Cash Dividend and Increase in Share Repurchase Authorization (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
us.rd.yahoo.com logo7:50 am Affiliated Managers announces the initiation of a $0.20/share cash dividend beginning in 1Q17 & increased the share repurchase authorization to 4 mln shares in total (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
us.rd.yahoo.com logoAMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2016 (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
sg.finance.yahoo.com logoAffiliated Managers tops 4Q profit forecasts (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
us.rd.yahoo.com logoAffiliated Managers (AMG) Beats on Q4 Earnings, Revenue Lags (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
us.rd.yahoo.com logoAffiliated Managers (AMG) Beats Q4 Earnings as Costs Fall (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
us.rd.yahoo.com logoEdited Transcript of AMG earnings conference call or presentation 30-Jan-17 1:30pm GMT (NYSE:AMG)
us.rd.yahoo.com - January 30 at 8:56 PM
News IconChecking the Levels on Shares of Affiliated Managers Group, Inc. (NYSE:AMG) - The Tribune (NYSE:AMG)
lakecitytribune.com - January 30 at 3:55 PM
finance.yahoo.com logoAffiliated Managers (AMG) Beats Q4 Earnings as Costs Fall - Yahoo Finance (NYSE:AMG)
finance.yahoo.com - January 30 at 3:55 PM
blogs.barrons.com logoAffiliated Managers Jumps On Q4 Earnings, New Dividend (NYSE:AMG)
blogs.barrons.com - January 30 at 3:55 PM
fool.com logoAffiliated Managers Group Finishes 2016 Strong, Sets First Dividend (NYSE:AMG)
www.fool.com - January 30 at 12:37 PM
thecountrycaller.com logoEarnings Whispers: Booz Allen Hamilton Holding Corporation (BAH) & Affiliated Managers Group, Inc. (AMG) - TCC (NYSE:AMG)
www.thecountrycaller.com - January 28 at 8:30 PM
News IconAffiliated Managers Group Inc. (NYSE:AMG) 4Q16 earnings sneak peak (NYSE:AMG)
stockmarketdaily.co - January 27 at 10:27 PM
News IconAffiliated Managers Group INC (AMG) Shareholder Kalmar Investments INC Has Boosted Its Position as Shares Rose (NYSE:AMG)
randolphguide.com - January 27 at 10:27 PM
nasdaq.com logoAffiliated Managers (AMG) Q4 Earnings: A Beat in Store? - Nasdaq (NYSE:AMG)
www.nasdaq.com - January 27 at 3:41 PM
finance.yahoo.com logoAffiliated Managers (AMG) Q4 Earnings: A Beat in Store? (NYSE:AMG)
finance.yahoo.com - January 27 at 3:41 PM
finance.yahoo.com logoPrincipal Financial (PFG) Q4 Earnings: What's in Store? (NYSE:AMG)
finance.yahoo.com - January 26 at 3:47 PM
finance.yahoo.com logoAMG to Announce Fourth Quarter and Full Year Results on January 30, 2017 (NYSE:AMG)
finance.yahoo.com - January 23 at 8:33 PM
marketnewsvideo.com logoAtmos Energy Larger Than S&P 500 Component Affiliated Managers Group (NYSE:AMG)
www.marketnewsvideo.com - January 19 at 9:05 PM
News IconFirms & Funds Reinforcing Their Perception of Affiliated Managers Group, Inc. (:AMG) - Wall Street Beacon (NYSE:AMG)
wsbeacon.com - January 19 at 3:56 PM
nasdaq.com logoCommit To Purchase Affiliated Managers Group At $125, Earn 8.8% Annualized Using Options (NYSE:AMG)
www.nasdaq.com - January 18 at 4:00 PM
News IconAffiliated Managers Group Inc Valuation – January 2017 $AMG (NYSE:AMG)
www.moderngraham.com - January 13 at 8:56 PM

Social

What is Affiliated Managers Group's stock symbol?

Affiliated Managers Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMG."

How often does Affiliated Managers Group pay dividends? What is the dividend yield for Affiliated Managers Group?

Affiliated Managers Group announced a quarterly dividend on Friday, February 3rd. Shareholders of record on Thursday, February 9th will be paid a dividend of $0.20 per share on Thursday, February 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date is Tuesday, February 7th.

Where is Affiliated Managers Group's stock going? Where will Affiliated Managers Group's stock price be in 2017?

9 brokers have issued 12-month target prices for Affiliated Managers Group's stock. Their forecasts range from $46.00 to $199.00. On average, they anticipate Affiliated Managers Group's share price to reach $168.33 in the next year.

When will Affiliated Managers Group announce their earnings?

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Affiliated Managers Group stock?

Here are some recent quotes from research analysts about Affiliated Managers Group stock:

  • Jefferies Group LLC analysts commented, "Earlier this week we spent time with the CEO of AMG. We continue to believe AMG's differentiated model of investing in boutique managers as well as a greater reliance on global equity and alternatives positions it favorably vs peers. While new investments are on hold in the near term, buybacks and improving flow trends should be enough to drive the shares higher in our view." (2/15/2017)
  • According to Zacks Investment Research, "Affiliated Managers’ shares have underperformed the Zacks categorized Investment management industry, over the last six months. The company’s one of the major concerns is the continuous increase in expenses due to investment in affiliates. Further, high debt burden is also expected to hurt its financials in the near term. However, the company remains well positioned for future growth based on successful partnerships and global distribution capability, along with a diverse product mix and initiatives undertaken to strengthen the retail market operations. Notably, the company’s acquisition of minority stake in alternative investment firms in 2016 is expected to add economic earnings of $0.50–$0.80 per share in 2017." (1/9/2017)

Who owns Affiliated Managers Group stock?

Affiliated Managers Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.33%), Atlanta Capital Management Co. L L C (3.48%), William Blair Investment Management LLC (3.09%), DSM Capital Partners LLC (1.50%), FMR LLC (1.37%) and Nicholas Co. Inc. WI (1.27%). Company insiders that own Affiliated Managers Group stock include Dwight D Churchill, Nathaniel Dalton, Sean M Healey and William J Nutt.

Who sold Affiliated Managers Group stock? Who is selling Affiliated Managers Group stock?

Affiliated Managers Group's stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Franklin Resources Inc., William Blair Investment Management LLC, Baird Financial Group Inc., Nicholas Co. Inc. WI, Columbia Wanger Asset Management LLC, DSM Capital Partners LLC and Fiera Capital Corp. Company insiders that have sold Affiliated Managers Group stock in the last year include Dwight D Churchill and Sean M Healey.

Who bought Affiliated Managers Group stock? Who is buying Affiliated Managers Group stock?

Affiliated Managers Group's stock was bought by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Institutional Capital LLC, FMR LLC, Russell Investments Group Ltd., State Street Corp, Asset Management One Co. Ltd., Federated Investors Inc. PA and Guggenheim Capital LLC.

How do I buy Affiliated Managers Group stock?

Shares of Affiliated Managers Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Affiliated Managers Group stock cost?

One share of Affiliated Managers Group stock can currently be purchased for approximately $168.03.

Affiliated Managers Group (NYSE:AMG) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Affiliated Managers Group (NYSE:AMG)

Earnings History Chart

Earnings by Quarter for Affiliated Managers Group (NYSE:AMG)

Dividend History Chart

Dividend Payments by Quarter for Affiliated Managers Group (NYSE:AMG)

Last Updated on 2/25/2017 by MarketBeat.com Staff