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 dividend yield of 0.82%. The ex-dividend date of this dividend is Wednesday, August 8th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group declared that its board has authorized a stock repurchase plan on Tuesday, January 30th 2018, which permits the company to repurchase 3,400,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Affiliated Managers Group, Inc. (NYSE:AMG) released its 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 had revenue of $600.10 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company posted $3.33 EPS. 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 1-year target prices for Affiliated Managers Group's shares. Their predictions range from $191.00 to $226.00. On average, they expect Affiliated Managers Group's share 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).

News articles about AMG stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative 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 closest to one being the most favorable. Affiliated Managers Group earned a daily sentiment score of 0.12 on Accern's scale. They also assigned news coverage about the asset manager an impact score of 47.65 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Affiliated Managers Group.

Affiliated Managers Group's stock is owned by many different of institutional and retail investors. Top institutional investors 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 purchased 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]