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

Sign in or create an account to add this stock to your watchlist.
$108.57 +1.51 (+1.41 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$108.57
Today's Range$106.95 - $109.05
52-Week Range$88.46 - $216.99
Volume1.01 million shs
Average Volume547,964 shs
Market Capitalization$5.64 billion
P/E Ratio7.44
Dividend Yield1.12%
Beta1.45
Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. The company was formed as a corporation under the laws of Delaware in 1993. Affiliated Managers Group is based in Prides Crossing, Massachusetts.

Receive AMG News and Ratings via Email

Sign-up to receive the latest news and ratings for AMG and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP00825210
Phone800-345-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.31 billion
Cash Flow$16.9906 per share
Book Value$82.37 per share

Profitability

Net Income$689.50 million

Miscellaneous

Employees4,400
Market Cap$5.64 billion
OptionableOptionable

Affiliated Managers Group (NYSE:AMG) Frequently Asked Questions

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 Tuesday, October 30th. Stockholders of record on Thursday, November 8th will be given a dividend of $0.30 per share on Wednesday, November 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Wednesday, November 7th. View Affiliated Managers Group's Dividend History.

How will Affiliated Managers Group's stock buyback program work?

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

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) released its quarterly earnings data on Monday, October, 29th. The asset manager reported $3.45 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $3.42 by $0.03. The asset manager earned $601.30 million during the quarter, compared to analysts' expectations of $604.82 million. Affiliated Managers Group had a net margin of 29.38% and a return on equity of 19.37%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $3.41 earnings per share. View Affiliated Managers Group's Earnings History.

When is Affiliated Managers Group's next earnings date?

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Affiliated Managers Group.

What price target have analysts set for AMG?

7 analysts have issued 1-year price objectives for Affiliated Managers Group's stock. Their forecasts range from $106.00 to $226.00. On average, they expect Affiliated Managers Group's stock price to reach $148.7143 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for Affiliated Managers Group.

What is the consensus analysts' recommendation 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Affiliated Managers Group.

Has Affiliated Managers Group been receiving favorable news coverage?

News articles about AMG stock have trended somewhat positive recently, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Affiliated Managers Group earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Affiliated Managers Group's key competitors?

Who are Affiliated Managers Group's key executives?

Affiliated Managers Group's management team includes the folowing people:
  • Mr. Sean Michael Healey, Exec. Chairman (Age 58)
  • Mr. Nathaniel Dalton, Pres, CEO & Director (Age 52)
  • Mr. Jay C. Horgen, CFO & Treasurer (Age 48)
  • Mr. David M. Billings, Gen. Counsel & Sec. (Age 56)
  • Mr. Hugh Peter Bartholomew Cutler, Exec. VP & Head of Global Distribution (Age 46)

Who are Affiliated Managers Group's major shareholders?

Affiliated Managers Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Clarkston Capital Partners LLC (1.06%), LGT Capital Partners LTD. (0.65%), Retirement Systems of Alabama (0.12%), DNB Asset Management AS (0.11%), Arcadia Investment Management Corp MI (0.06%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Affiliated Managers Group stock include Dwight D Churchill, Hugh Cutler, Jay C Horgen, Patrick T Ryan, Peter W Macewen and Sean M Healey. View Institutional Ownership Trends for Affiliated Managers Group.

Which institutional investors are selling Affiliated Managers Group stock?

AMG stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Arcadia Investment Management Corp MI, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, Tealwood Asset Management Inc. and Oakbrook Investments LLC. Company insiders that have sold Affiliated Managers Group company stock in the last year include Dwight D Churchill, Jay C Horgen and Patrick T Ryan. View Insider Buying and Selling for Affiliated Managers Group.

Which institutional investors are buying Affiliated Managers Group stock?

AMG stock was acquired by a variety of institutional investors in the last quarter, including Clarkston Capital Partners LLC, LGT Capital Partners LTD., DNB Asset Management AS, Retirement Systems of Alabama and Cerebellum GP LLC. View Insider Buying and Selling for Affiliated Managers Group.

How do I buy shares of 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.

What is Affiliated Managers Group's stock price today?

One share of AMG stock can currently be purchased for approximately $108.57.

How big of a company is Affiliated Managers Group?

Affiliated Managers Group has a market capitalization of $5.64 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.

What is Affiliated Managers Group's official website?

The official website for Affiliated Managers Group is http://www.amg.com.

How can I contact Affiliated Managers Group?

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]


MarketBeat Community Rating for Affiliated Managers Group (NYSE AMG)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  534 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  869
MarketBeat's community ratings are surveys of what our community members think about Affiliated Managers Group and other stocks. Vote "Outperform" if you believe AMG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel