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. Stockholders of record on Thursday, August 9th will be given a dividend of $0.30 per share on Thursday, August 23rd. This represents a $1.20 dividend on an annualized basis and a dividend 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 share repurchase plan on Tuesday, January 30th 2018, which allows the company to buyback 3,400,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

Affiliated Managers Group, Inc. (NYSE:AMG) announced its quarterly earnings results on Monday, July, 30th. The asset manager reported $3.61 earnings per share 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 analysts' expectations of $604.68 million. Affiliated Managers Group had a return on equity of 19.44% and a net margin of 29.59%. Affiliated Managers Group's revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $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 brokers have issued 12 month price objectives for Affiliated Managers Group's stock. Their forecasts range from $191.00 to $226.00. On average, they expect Affiliated Managers Group's stock price to reach $205.1429 in the next year. 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).

News coverage about AMG stock has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Affiliated Managers Group earned a media and rumor sentiment score of 0.17 on Accern's scale. They also assigned news headlines about the asset manager an impact score of 44.63 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Affiliated Managers Group.

Affiliated Managers Group's stock is owned by many different 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 bought 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]