NYSE:AMG - Affiliated Managers Group Stock Price, News, & Analysis

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

Affiliated Managers Group declared a quarterly dividend on Tuesday, July 31st. Investors of record on Thursday, August 9th will be paid a dividend of $0.30 per share on Thursday, August 23rd. This represents a $1.20 annualized dividend and a yield of 0.82%. The ex-dividend date is Wednesday, August 8th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group declared that its Board of Directors has approved a stock buyback plan on Tuesday, January 30th 2018, which authorizes the company to buyback 3,400,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued.

Affiliated Managers Group, Inc. (NYSE:AMG) released its quarterly earnings results on Monday, July, 30th. The asset manager reported $3.61 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.59 by $0.02. The asset manager earned $600.10 million during the quarter, compared to the consensus estimate of $604.68 million. Affiliated Managers Group had a net margin of 29.59% and a return on equity of 19.44%. The business's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.33 earnings per share. View Affiliated Managers Group's Earnings History.

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, October, 29th 2018. View Earnings Estimates for Affiliated Managers Group.

7 equities research analysts have issued 1-year target prices for Affiliated Managers Group's stock. Their predictions range from $191.00 to $226.00. On average, they expect Affiliated Managers Group's stock price to reach $205.1429 in the next twelve months. This suggests a possible upside of 39.9% from the stock's current price. View Analyst Price Targets for Affiliated Managers Group.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Affiliated Managers Group.

Some companies that are related to Affiliated Managers Group include Blackstone Group (BX), Leg & Gen Grp P/S (LGGNY), Ameriprise Financial (AMP), Franklin Resources (BEN), KKR & Co Inc Class A (KKR), Invesco (IVZ), Apollo Global Management LLC Class A (APO), Lazard (LAZ), Oaktree Capital Group (OAK), Eaton Vance (EV), Morningstar (MORN), Janus Henderson Group (JHG), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Moelis & Co (MC).

Media headlines about AMG stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Affiliated Managers Group earned a news and rumor sentiment score of 0.20 on Accern's scale. They also gave media stories about the asset manager an impact score of 48.11 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Affiliated Managers Group.

Affiliated Managers Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.73%), EdgePoint Investment Group Inc. (5.44%), Bank of America Corp DE (2.26%), Schroder Investment Management Group (1.66%), Sterling Capital Management LLC (1.50%) and Jennison Associates LLC (1.36%). Company insiders that own Affiliated Managers Group stock include Dwight D Churchill, Jay C Horgen, Patrick T Ryan, Peter W Macewen and Sean M Healey. View Institutional Ownership Trends for Affiliated Managers Group.

AMG stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, FMR LLC, Bank of America Corp DE, Jennison Associates LLC, Russell Investments Group Ltd., Janus Henderson Group PLC, Great West Life Assurance Co. Can and Glen Harbor Capital Management LLC. Company insiders that have sold Affiliated Managers Group company stock in the last year include Dwight D Churchill, Jay C Horgen, Patrick T Ryan, Peter W Macewen and Sean M Healey. View Insider Buying and Selling for Affiliated Managers Group.

AMG stock was acquired by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Schwab Charles Investment Management Inc., American Century Companies Inc., Prana Capital Management LP, Millennium Management LLC and Advisors Asset Management Inc.. View Insider Buying and Selling for Affiliated Managers Group.

Shares of AMG 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.

One share of AMG stock can currently be purchased for approximately $146.59.

Affiliated Managers Group has a market capitalization of $7.92 billion and generates $2.31 billion in revenue each year. The asset manager earns $689.50 million in net income (profit) each year or $14.60 on an earnings per share basis. Affiliated Managers Group employs 4,400 workers across the globe.

Affiliated Managers Group's mailing address is 777 South Flagler Drive SUITE 1201 EAST TOWER, West Palm Beach FL, 33401. The asset manager can be reached via phone at 800-345-1100 or via email at [email protected]