NYSE:AMG - Affiliated Managers Group Stock Price, Price Target & More

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

Affiliated Managers Group declared a quarterly dividend on Monday, April 30th. Shareholders of record on Thursday, May 10th will be given a dividend of $0.30 per share on Thursday, May 24th. This represents a $1.20 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Wednesday, May 9th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group declared that its board has approved a share repurchase program on Tuesday, January 30th 2018, which allows the company to buyback 3,400,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

Affiliated Managers Group (NYSE:AMG) posted its quarterly earnings results on Monday, April, 30th. The asset manager reported $3.92 EPS for the quarter, beating analysts' consensus estimates of $3.89 by $0.03. The asset manager earned $612.40 million during the quarter, compared to analysts' expectations of $586.44 million. Affiliated Managers Group had a return on equity of 19.27% and a net margin of 30.34%. The company's revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.21 EPS. View Affiliated Managers Group's Earnings History.

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Affiliated Managers Group.

7 analysts have issued 1 year target prices for Affiliated Managers Group's stock. Their forecasts range from $200.00 to $226.00. On average, they expect Affiliated Managers Group's share price to reach $213.5714 in the next twelve months. View Analyst Ratings for Affiliated Managers Group.

Some companies that are related to Affiliated Managers Group include Legal & General (LGGNY), The Blackstone Group (BX), Ameriprise Financial (AMP), Franklin Templeton Investments (BEN), Invesco (IVZ), KKR & Co. L.P. (KKR), Lazard (LAZ), Eaton Vance (EV), Henderson Group (JHG), Oaktree Capital Management (OAK), Apollo Global Management (APO), Morningstar (MORN), Evercore Partners (EVR), Man Group (MNGPY) and Noah (NOAH).

Media stories about AMG stock have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Affiliated Managers Group earned a news impact score of 0.01 on Accern's scale. They also gave media stories about the asset manager an impact score of 44.49 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Affiliated Managers Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.64%), The Manufacturers Life Insurance Company (6.35%), Atlanta Capital Management Co. L L C (3.76%), Wells Fargo & Company MN (2.91%), Schroder Investment Management Group (1.67%) and Amundi Pioneer Asset Management Inc. (1.27%). 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 Russell Investments Group Ltd., Blair William & Co. IL, Amundi Pioneer Asset Management Inc., Sei Investments Co., Thrivent Financial for Lutherans, Honeywell International Inc., Baird Financial Group Inc. and American Century Companies Inc.. 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 Old Mutual Global Investors UK Ltd., Ceredex Value Advisors LLC, BlackRock Inc., Prudential Financial Inc., Millennium Management LLC, JPMorgan Chase & Co., State of New Jersey Common Pension Fund D and Chicago Capital LLC. 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 $166.82.

Affiliated Managers Group has a market capitalization of $9.11 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]