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

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$111.07 -0.31 (-0.28 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$111.38
Today's Range$109.55 - $113.42
52-Week Range$110.27 - $216.99
Volume506,989 shs
Average Volume611,819 shs
Market Capitalization$5.93 billion
P/E Ratio7.61
Dividend Yield1.07%
Beta1.53
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

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

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.49
Quick Ratio0.42

Price-To-Earnings

Trailing P/E Ratio7.61
Forward P/E Ratio7.50
P/E Growth0.62

Sales & Book Value

Annual Sales$2.31 billion
Price / Sales2.54
Cash Flow$16.5283 per share
Price / Cash6.72
Book Value$82.04 per share
Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$14.60
Net Income$689.50 million
Net Margins29.38%
Return on Equity19.37%
Return on Assets9.98%

Miscellaneous

Employees4,400
Outstanding Shares52,670,000
Market Cap$5.93 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, October 30th. Stockholders of record on Thursday, November 8th will be paid a dividend of $0.30 per share on Wednesday, November 21st. This represents a $1.20 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Wednesday, November 7th. View Affiliated Managers Group's Dividend History.

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

Affiliated Managers Group declared that its board has approved a share repurchase 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 buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign 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 results on Monday, October, 29th. The asset manager reported $3.45 EPS for the quarter, topping analysts' consensus estimates of $3.42 by $0.03. The asset manager earned $601.30 million during the quarter, compared to analysts' expectations of $604.82 million. Affiliated Managers Group had a net margin of 29.38% and a return on equity of 19.37%. Affiliated Managers Group's revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $3.41 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, February 4th 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 objectives for Affiliated Managers Group's shares. Their predictions range from $140.00 to $226.00. On average, they expect Affiliated Managers Group's stock price to reach $185.5714 in the next twelve months. This suggests a possible upside of 67.1% 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 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Affiliated Managers Group.

Has Affiliated Managers Group been receiving favorable news coverage?

News stories about AMG stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Affiliated Managers Group earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the asset manager a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the company's share price in the near future.

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)

Who are Affiliated Managers Group's major shareholders?

Affiliated Managers Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.52%), Atlanta Capital Management Co. L L C (3.49%), Schroder Investment Management Group (1.82%), Sterling Capital Management LLC (1.45%), Jennison Associates LLC (1.27%) and Ceredex Value Advisors LLC (1.23%). 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 American Century Companies Inc., Victory Capital Management Inc., FMR LLC, Canada Pension Plan Investment Board, Janus Henderson Group PLC, JPMorgan Chase & Co., JPMorgan Chase & Co. and Atlanta Capital Management Co. L L C. Company insiders that have sold Affiliated Managers Group company stock in the last year include Dwight D Churchill, Jay C Horgen, 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 purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Sirios Capital Management L P, Credit Suisse AG, LGT Capital Partners LTD., First Trust Advisors LP, Schroder Investment Management Group, Toronto Dominion Bank and Monarch Partners Asset Management 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 $111.07.

How big of a company is Affiliated Managers Group?

Affiliated Managers Group has a market capitalization of $5.93 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.

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:  525 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  848
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 11/14/2018 by MarketBeat.com Staff

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