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

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

Affiliated Managers Group announced a quarterly dividend on Monday, February 3rd. Shareholders of record on Thursday, February 13th will be given a dividend of $0.32 per share on Thursday, February 27th. This represents a $1.28 annualized dividend and a yield of 1.49%. The ex-dividend date is Wednesday, February 12th. View Affiliated Managers Group's Dividend History.

Affiliated Managers Group, Inc. (NYSE:AMG) posted its earnings results on Monday, February, 3rd. The asset manager reported $4.52 EPS for the quarter, topping the Zacks' consensus estimate of $4.03 by $0.49. The asset manager earned $555.50 million during the quarter, compared to the consensus estimate of $537.57 million. Affiliated Managers Group had a net margin of 0.70% and a return on equity of 19.58%. During the same period last year, the business posted $3.53 EPS. View Affiliated Managers Group's Earnings History.

Affiliated Managers Group is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Affiliated Managers Group.

5 analysts have issued 12 month target prices for Affiliated Managers Group's stock. Their forecasts range from $75.00 to $100.00. On average, they expect Affiliated Managers Group's share price to reach $88.40 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View Analyst Price Targets for Affiliated Managers Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Affiliated Managers Group in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Affiliated Managers Group.

News stories about AMG stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Affiliated Managers Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Affiliated Managers Group.

Affiliated Managers Group saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,490,000 shares, an increase of 15.8% from the January 15th total of 2,150,000 shares. Based on an average daily volume of 696,600 shares, the days-to-cover ratio is currently 3.6 days. Currently, 5.1% of the company's shares are sold short. View Affiliated Managers Group's Current Options Chain.

Some companies that are related to Affiliated Managers Group include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Federated Investors (FII), Cohen & Steers (CNS), Legg Mason (LM) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Affiliated Managers Group investors own include NVIDIA (NVDA), Allergan (AGN), Gilead Sciences (GILD), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX), Alibaba Group (BABA), Cognizant Technology Solutions (CTSH), Bank of America (BAC) and General Electric (GE).

Affiliated Managers Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.56%), State Street Corp (3.42%), Clarkston Capital Partners LLC (3.13%), Kiltearn Partners LLP (2.98%), Prudential Financial Inc. (2.35%) and Lyrical Asset Management LP (2.32%). Company insiders that own Affiliated Managers Group stock include Dwight D Churchill, Hugh Cutler, Jay C Horgen, Jide James Zeitlin, Nathaniel Dalton, Patrick T Ryan, Samuel T Byrne and Tracy P Palandjian. View Institutional Ownership Trends for Affiliated Managers Group.

AMG stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Janus Henderson Group PLC, Sumitomo Mitsui Trust Holdings Inc., Snow Capital Management LP, Schroder Investment Management Group, Empire Life Investments Inc., Vaughan David Investments LLC IL and Marshall Wace North America L.P.. Company insiders that have sold Affiliated Managers Group company stock in the last year include Jide James Zeitlin, Nathaniel Dalton, Patrick T Ryan and Tracy P Palandjian. View Insider Buying and Selling for Affiliated Managers Group.

AMG stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., FMR LLC, Spyglass Capital Management LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, Swiss National Bank, Man Group plc and Prudential Financial Inc.. Company insiders that have bought Affiliated Managers Group stock in the last two years include Hugh Cutler, Jay C Horgen and Samuel T Byrne. 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, Robinhood, Fidelity and Charles Schwab.

One share of AMG stock can currently be purchased for approximately $85.85.

Affiliated Managers Group has a market capitalization of $4.23 billion and generates $2.24 billion in revenue each year. The asset manager earns $15.70 million in net income (profit) each year or $14.22 on an earnings per share basis. Affiliated Managers Group employs 4,450 workers across the globe.View Additional Information About Affiliated Managers Group.

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

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]