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

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$153.21 +0.48 (+0.31 %)
(As of 06/21/2018 12:08 PM ET)
Previous Close$152.02
Today's Range$152.02 - $153.37
52-Week Range$150.55 - $216.99
Volume8,530 shs
Average Volume462,334 shs
Market Capitalization$8.36 billion
P/E Ratio10.49
Dividend Yield0.78%
Beta1.5
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

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 Ratio10.49
Forward P/E Ratio9.25
P/E Growth0.69

Sales & Book Value

Annual Sales$2.31 billion
Price / Sales3.61
Cash Flow$16.6714 per share
Price / Cash9.19
Book Value$82.37 per share
Price / Book1.86

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

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. Stockholders of record on Thursday, May 10th will be paid a dividend of $0.30 per share on Thursday, May 24th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Wednesday, May 9th. View Affiliated Managers Group's Dividend History.

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

Affiliated Managers Group declared that its Board of Directors has approved a stock repurchase plan on Tuesday, January 30th 2018, which permits the company to buyback 3,400,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback 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 results on Monday, April, 30th. The asset manager reported $3.92 earnings per share for the quarter, topping the consensus estimate of $3.89 by $0.03. The asset manager earned $612.40 million during the quarter, compared to analysts' expectations of $586.44 million. Affiliated Managers Group had a net margin of 30.34% and a return on equity of 19.27%. Affiliated Managers Group's quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.21 EPS. 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 Wall Street analysts have issued 12-month price objectives for Affiliated Managers Group's shares. Their predictions range from $200.00 to $226.00. On average, they expect Affiliated Managers Group's stock price to reach $213.5714 in the next twelve months. View Analyst Ratings for Affiliated Managers Group.

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, CEO & Chairman (Age 57)
  • Mr. Nathaniel Dalton J.D., Pres & COO (Age 51)
  • Mr. Jay C. Horgen, CFO, Treasurer & Principal Accounting Officer (Age 47)
  • Mr. David M. Billings, Exec. VP, 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 on Thursday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Affiliated Managers Group earned a news impact score of 0.10 on Accern's scale. They also assigned headlines about the asset manager an impact score of 47.05 out of 100, indicating that recent press 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.64%), The Manufacturers Life Insurance Company (6.35%), Atlanta Capital Management Co. L L C (3.76%), Wells Fargo & Company MN (2.91%), Schroder Investment Management Group (1.67%) and Amundi Pioneer Asset Management Inc. (1.27%). 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 institutional investors are selling Affiliated Managers Group stock?

AMG stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Blair William & Co. IL, Amundi Pioneer Asset Management Inc., Sei Investments Co., Thrivent Financial for Lutherans, Honeywell International Inc., Baird Financial Group Inc. and American Century Companies Inc.. 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 institutional investors are buying Affiliated Managers Group stock?

AMG stock was bought by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Ceredex Value Advisors LLC, BlackRock Inc., Prudential Financial Inc., Millennium Management LLC, JPMorgan Chase & Co., State of New Jersey Common Pension Fund D and Chicago Capital LLC. 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 $153.21.

How big of a company is Affiliated Managers Group?

Affiliated Managers Group has a market capitalization of $8.36 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 (AMG)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  494 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  771
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 6/21/2018 by MarketBeat.com Staff

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