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

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$108.7150 +3.28 (+3.11 %)
(As of 02/15/2019 02:43 PM ET)
Previous Close$105.43
Today's Range$106.12 - $108.73
52-Week Range$88.46 - $197.03
Volume250,165 shs
Average Volume569,981 shs
Market Capitalization$5.73 billion
P/E Ratio7.50
Dividend Yield1.20%
Beta1.42
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.

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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$2.38 billion
Cash Flow$17.7930 per share
Book Value$78.50 per share

Profitability

Net Income$243.60 million

Miscellaneous

Employees4,400
Market Cap$5.73 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, February 5th. Stockholders of record on Thursday, February 14th will be paid a dividend of $0.32 per share on Friday, March 1st. This represents a $1.28 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Wednesday, February 13th. This is a positive change from Affiliated Managers Group's previous quarterly dividend of $0.30. 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 authorized a share repurchase plan on Tuesday, January 30th 2018, which authorizes the company to buyback 3,400,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Affiliated Managers Group's earnings last quarter?

Affiliated Managers Group, Inc. (NYSE:AMG) posted its quarterly earnings data on Monday, February, 4th. The asset manager reported $3.53 EPS for the quarter, beating analysts' consensus estimates of $3.51 by $0.02. The asset manager had revenue of $564.40 million for the quarter, compared to analysts' expectations of $568.99 million. Affiliated Managers Group had a return on equity of 18.11% and a net margin of 10.24%. The company's quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.68 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, April 29th 2019. 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 $106.00 to $191.00. On average, they expect Affiliated Managers Group's stock price to reach $132.1243 in the next year. This suggests a possible upside of 22.0% 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 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Affiliated Managers Group.

Has Affiliated Managers Group been receiving favorable news coverage?

Press coverage about AMG stock has been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring 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 closest to five being the most favorable. Affiliated Managers Group earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next several days.

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.54%), Atlanta Capital Management Co. L L C (2.54%), Ceredex Value Advisors LLC (1.63%), Kiltearn Partners LLP (1.59%), Geode Capital Management LLC (1.38%) and Jennison Associates LLC (1.16%). 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 Bank of America Corp DE, Atlanta Capital Management Co. L L C, Amundi Pioneer Asset Management Inc., 1832 Asset Management L.P., Toronto Dominion Bank, First Trust Advisors LP, Massachusetts Financial Services Co. MA and Jennison Associates 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 bought by a variety of institutional investors in the last quarter, including Kiltearn Partners LLP, Clarkston Capital Partners LLC, Two Sigma Investments LP, Ceredex Value Advisors LLC, Two Sigma Advisers LP, Raymond James & Associates, Empire Life Investments Inc. and LGT Capital Partners LTD.. 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 $108.27.

How big of a company is Affiliated Managers Group?

Affiliated Managers Group has a market capitalization of $5.70 billion and generates $2.38 billion in revenue each year. The asset manager earns $243.60 million in net income (profit) each year or $14.50 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:  535 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  872
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 2/15/2019 by MarketBeat.com Staff

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