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

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$148.84 -0.47 (-0.31 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$148.84
Today's Range$147.41 - $149.68
52-Week Range$145.00 - $216.99
Volume342,571 shs
Average Volume441,121 shs
Market Capitalization$8.11 billion
P/E Ratio10.19
Dividend Yield0.80%
Beta1.53
Affiliated Managers Group logoAffiliated 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:AMG
CUSIP00825210
Phone800-345-1100

Debt

Debt-to-Equity Ratio0.42
Current Ratio1.30
Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio10.19
Forward P/E Ratio9.21
P/E Growth0.7

Sales & Book Value

Annual Sales$2.31 billion
Price / Sales3.51
Cash Flow$16.7048 per share
Price / Cash8.91
Book Value$82.37 per share
Price / Book1.81

Profitability

EPS (Most Recent Fiscal Year)$14.60
Net Income$689.50 million
Net Margins30.34%
Return on Equity19.27%
Return on Assets9.90%

Miscellaneous

Employees4,400
Outstanding Shares54,310,000
Market Cap$8,109.79

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 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 0.81%. The ex-dividend date of this dividend is Wednesday, May 9th. View Affiliated Managers Group's Dividend History.

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

Affiliated Managers Group announced that its Board of Directors has approved a share buyback plan on Tuesday, January 30th 2018, which allows the company to repurchase 3,400,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) announced its quarterly earnings data on Monday, April, 30th. The asset manager reported $3.92 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $3.89 by $0.03. The asset manager earned $612.40 million during the quarter, compared to the consensus estimate of $586.44 million. Affiliated Managers Group had a return on equity of 19.27% and a net margin of 30.34%. Affiliated Managers Group's revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.21 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, July, 30th 2018. View Earnings Estimates for Affiliated Managers Group.

What price target have analysts set for AMG?

7 equities research analysts have issued 1 year price targets for Affiliated Managers Group's shares. Their forecasts range from $200.00 to $226.00. On average, they anticipate Affiliated Managers Group's stock price to reach $210.7143 in the next year. This suggests a possible upside of 41.6% from the stock's current price. View Analyst Ratings 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."

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 57)
  • Mr. Nathaniel Dalton, Pres, CEO & Director (Age 51)
  • Mr. Jay C. Horgen, CFO & Treasurer (Age 47)
  • Mr. David M. Billings, Gen. Counsel & Sec. (Age 55)
  • Mr. Hugh Peter Bartholomew Cutler, Exec. VP & Head of Global Distribution (Age 45)

Has Affiliated Managers Group been receiving favorable news coverage?

News headlines about AMG stock have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Affiliated Managers Group earned a news sentiment score of 0.09 on Accern's scale. They also gave headlines about the asset manager an impact score of 45.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Affiliated Managers Group's major shareholders?

Affiliated Managers Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Calamos Advisors LLC (0.39%), LGT Capital Partners LTD. (0.35%), Chicago Capital LLC (0.27%), Scout Investments Inc. (0.18%), Assenagon Asset Management S.A. (0.17%) and Bank of Montreal Can (0.15%). 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.

Which major investors are selling Affiliated Managers Group stock?

AMG stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Hartwell J M Limited Partnership, Channing Capital Management LLC, Calamos Advisors LLC, Hartford Investment Management Co., American National Bank, Fred Alger Management Inc. and Huntington National Bank. 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.

Which major investors are buying Affiliated Managers Group stock?

AMG stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., LGT Capital Partners LTD., Chicago Capital LLC, Scout Investments Inc., Cornerstone Wealth Management LLC, First National Bank of Omaha, Retirement Systems of Alabama and State of Alaska Department of Revenue. 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 $148.84.

How big of a company is Affiliated Managers Group?

Affiliated Managers Group has a market capitalization of $8.11 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.

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:  3.2 out of 5 (star star star)
Outperform Votes:  498 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  790
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 7/21/2018 by MarketBeat.com Staff

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