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

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.

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.

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 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.

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."

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), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY) and Houlihan Lokey (HLI).

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.

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.

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.

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.

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 $148.84.

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.

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]