AB - AllianceBernstein Holding L.P.

NYSE - NYSE Delayed Price. Currency in USD
29.67
-0.16 (-0.54%)
At close: 4:02PM EST
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Previous Close29.83
Open29.61
Bid29.31 x 800
Ask0.00 x 900
Day's Range29.55 - 29.96
52 Week Range23.34 - 31.42
Volume308,108
Avg. Volume513,916
Market Cap2.868B
Beta (3Y Monthly)1.22
PE Ratio (TTM)11.89
EPS (TTM)2.50
Earnings DateMay 13, 2019 - May 16, 2019
Forward Dividend & Yield2.56 (8.49%)
Ex-Dividend Date2019-02-22
1y Target Est31.33
Trade prices are not sourced from all markets
  • PR Newswire3 days ago

    AB's Chief Operating Officer, James A. Gingrich, to Participate in the 2019 Citi Asset Managers, Broker Dealers & Exchanges Investor Conference on February 27

    NEW YORK , Feb. 20, 2019 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that the firm's Chief Operating Officer, ...

  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of AB earnings conference call or presentation 13-Feb-19 1:00pm GMT

    Q4 2018 AllianceBernstein Holding LP Earnings Call

  • Want a top job at AllianceBernstein? Here's how many managers they're hiring
    American City Business Journals8 days ago

    Want a top job at AllianceBernstein? Here's how many managers they're hiring

    New light is being shined of the types of jobs AllianceBernstein is bringing to Music City, ahead of a Metro Council vote to determine if the Wall Street giant will get taxpayer-backed incentives.

  • Major incentive deal to debut at Metro Council
    American City Business Journals9 days ago

    Major incentive deal to debut at Metro Council

    Metro Council will determine the fate of a multimillion-dollar incentive package for AllianceBernstein next week, according to a newly filed agenda.

  • 3 Dividend Stocks to Power Through Earnings Season
    InvestorPlace10 days ago

    3 Dividend Stocks to Power Through Earnings Season

    Investors are increasingly hyped up when it comes to earnings season. At least that's the hope and prayer for the folks over at CNBC that need all the excitement that they can get to lure viewers. And while some corporate chieftains, including JP Morgan's (NYSE:JPM) Jamie Dimon and Berkshire Hathaway's (NYSE:BRK.A, NYSE:BRK.B) Warren Buffett are campaigning to end quarterly reporting, earnings season is really just a normal update on how business is going for companies.And earnings season comes, of course, every quarter -- quarter after quarter -- year after year. And for the last quarter of 2018, out of the 505 stocks that make up the S&P 500 Index, 358 have released their report cards for the quarter.And the news is pretty good. Sales overall were up on average by 6.88% and earnings were up on average by 14.20%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's no wonder that the S&P 500 is up by 10% year-to-date and we're only in February. And that's after last quarter's selloff on fears that the earnings were as good as they were going to get and that growth was only going to be just good, and not spectacular.But there are plenty of companies that aren't on the list of over-hyped stocks that jump and fall on every little morsel of opinions from talking heads on CNBC, particularly during quarterly reporting times. They tend to be dependable businesses and are focused on longer-term shareholders and not day traders. And they pay nice dividends. * The 10 Best ETFs You Can Buy Each of the following dividend stocks I'm going to explore below has already filed its quarterlies with continued good results without fanfare. Assets PayI'll start with one of my favorite industries -- fund management. Fund management is all about assets under management (AUM). The more AUM, the more fee income that a company will earn. The goal is to keep AUM stable to increasing and fee income will follow. You don't have to be spectacular in managing the assets (although it helps), but you do have to be good at keeping and raising more AUM.One of the best in this market is AllianceBernstein (NYSE:AB). It has ample AUM, which is up to $550 billion after AB gained $800 million in the last quarter. That is boosting fee income nicely and feeding an ample dividend.AllianceBernstein (AB) Assets Under ManagementSource: BloombergThe dividend distribution is currently 64 cents for a yield of 8.29%. And that distribution is rising over the past five years by an average annual gain of 12.62%.Shares have generated a return of 101.02% over the past five years -- amply outperforming the S&P 500 Index. It makes for one of the better dividend stocks to buy under $33. Powered UpUtilities make for one of the most reliable stock sectors for both longer-term growth and regular to rising income. They serve that function particularly well during times of market strife due to the reliability of demand for their core products and services.If you think that they underperform the general stock market, you'd be wrong. Over the past 20 years, U.S. utility stocks, as tracked by the S&P Utilities Total Return Index, have outperformed the general stock market as tracked by the S&P 500 Index.The market for utilities isn't about sacrificing return for just dividend income, rather, it can be a potent rival for the returns you expect from more growth-oriented stocks.What's more, utilities can be a great defensive counterweight in your portfolio.For example, during the market rout from October to year-end 2018, the S&P 500 was down, heavily, by 14.28%. But during that same time, utilities managed to outperform with a positive return of 1.66%This is all thanks to the combination of reliable core business assets and higher dividend payments that utilities represent.Of course, not all utilities are the same and neither are all dividend stocks. They can include a host of essential services including electricity, natural gas and water. And they are comprised of both regulated and unregulated businesses.Regulated business means that the companies have contracts set with specific rates for gas, electricity and water that are set by local public utility commissions (PUCs).This means that the companies with regulated markets must lobby local PUC officials for acceptable rates that take into consideration the cost of providing the services as well as the capital costs of the operations for the services.In addition, PUCs, along with other regulatory bodies, must approve any expansion of regulated services, including new plants and transmission or other conveyance lines. And they also need to gain approvals for payments for upkeep and repairs. All of this takes a wide array of skillsets by management to make the most for shareholders while keeping customers and their PUCs content. This includes negotiating and lobbying as well as budgeting and market supply-and-demand forecasting.Yet, at the same time, regulated business means that companies can conduct longer-term budgeting for capital expenditures as well as having better forecasting for revenues and profitability.This means that utilities can provide smoother performance for shareholders, especially in challenging times. That adds stability for investors over the long term.Then there is the unregulated part of the utility market. This can include wholesale provision of essential services for industries as well as for other local utility companies that will contract for gas, power or water.This is where some companies can provide larger-scale services across local markets and even across the country. The companies in this space can provide the opportunity for investors to cash in on their success in markets with less regulatory oversight on rates.One of the best utilities in the market is NextEra Energy (NYSE:NEE). The company is primarily comprised of two operating units that take advantage of both the regulated and unregulated power utility market.Based in Florida, NextEra has its primarily regulated power company in Florida Power & Light. The operation provides power through a variety of generating sources, including natural gas, coal and oil, as well as nuclear power plants. Its customers number in the millions and are primarily residential customers, with some commercial customers.In addition to its own power generation, it also contracts with external power generators that transmit power via the power grid to supplement its own power generation.The other side of the company is Next Era Energy Resources. This division of NextEra provides unregulated wholesale power around the U.S. with some additional assets in Canada and Spain. Much of its power generation comes from traditional power plants, but increasingly wind and solar generation provide a large portion of its power. It has quickly become one of the largest renewable power generation companies.In addition, NEE also has some petroleum and natural gas pipeline assets that take advantage of the company's reach across the U.S. Revenues from the regulated FPL side of the company represent the larger sum of revenues, which continue to expand at a reliable three-year average of 1.58%. This makes for a steady cash flow for the company.The company continues to focus more on the NEER division, which provides the namesake for the overall company. The idea is that the next era in power generation will be ever more focused on renewable energy sources. This is supported in that the revenues for the NEER unit have expanded to become 28.55% of overall revenue of the company.The industry is benefiting from state and local legislation around the nation requiring that a portion of power be generated by renewable sources. In addition, NextEra's renewable power expansion is also benefitting from Federal tax credits for renewable energy facilities. These come based on capacity and not just the amount of power generated. This means that the company can operate wind and solar facilities around the nation and not just in areas that are particularly sunny or windy.NextEra Energy (NEE) Total ReturnSource: BloombergThe company is a stronger performer for investors. The return on its capital is running at 9.90%, while the return on investor's equity is a whopping 21.30%. And this is resulting in the market recognizing its performance now and for the future. The shares have delivered a total return over the past five years of 127.76%.Yielding 2.42%, it makes for a good buy under $185. Pumping ProfitsPetroleum has been one of the better markets for companies last quarter with sales gains for companies reporting of 12.14% (so far within the S&P 500) and earnings growth of 102.19%. * 7 Reasons to Own Coca-Cola Stock One of the more reliable segments of the petroleum market is in the midstream segment of the toll-takers of the pipeline market. And one of my favorites dividend stocks in this space is Plains GP Holdings (NYSE:PAGP), which has a great network of pipes and related assets throughout North America including the vital Permian Basin in the U.S.Revenue continues to flow with gains over the trailing year of 29.90%. And the shares are valued at a huge bargain as they are trading currently at a 90% discount to the trailing sales of the company.As a passthrough, the distributions are shielded from current income tax liabilities making the dividends all the more valuable on a tax-equivalent basis. With the current distribution of 30 cents per year, it yields 5.03%.Plains GP Holdings (PAGP) Total Return Source: BloombergAnd the overall shares have been dependable for income and for an overall total return over the trailing twelve months of 12.29%. It makes for a good dividend paying toll-taker under $26.65.All My Best,Neil GeorgeNeil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post 3 Dividend Stocks to Power Through Earnings Season appeared first on InvestorPlace.

  • AllianceBernstein Holding LP (AB) Q4 2018 Earnings Conference Call Transcript
    Motley Fool10 days ago

    AllianceBernstein Holding LP (AB) Q4 2018 Earnings Conference Call Transcript

    AB earnings call for the period ending December 31, 2018.

  • Investors See More Nigeria Gains If Opposition Wins Election
    Bloomberg10 days ago

    Investors See More Nigeria Gains If Opposition Wins Election

    (Bloomberg) -- The recent rally in Nigerian assets may pick up steam if there’s a change in government after this weekend’s presidential election, according to money managers and banks including AllianceBernstein LP and Citigroup Inc.

  • Associated Press10 days ago

    AllianceBernstein: 4Q Earnings Snapshot

    The New York-based company said it had profit of 63 cents per share. Earnings, adjusted for non-recurring costs, came to 64 cents per share. The investment management company posted revenue of $804.7 million ...

  • PR Newswire10 days ago

    AB Announces January 31, 2019 Assets Under Management

    NEW YORK , Feb. 13, 2019 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management ...

  • PR Newswire10 days ago

    AllianceBernstein Holding L.P. Announces Fourth Quarter Results

    Cash Distribution of $0.64 per Unit GAAP Diluted Net Income of $0.63 per Unit Adjusted Diluted Net Income of $0.64 per Unit NEW YORK , Feb. 13, 2019 /PRNewswire/ -- AllianceBernstein L.P. ("AB") ...

  • Benzinga11 days ago

    AllianceBernstein Q4 Earnings Outlook

    Don't be caught off-guard: AllianceBernstein (NYSE: AB ) releases its next round of earnings this Wednesday, Feb. 13. Want to skip the homework and get all the facts in one place? We thought so. Here is ...

  • Net Outflows to Hurt AllianceBernstein's (AB) Q4 Earnings
    Zacks12 days ago

    Net Outflows to Hurt AllianceBernstein's (AB) Q4 Earnings

    AllianceBernstein's (AB) Q4 earnings are expected to be adversely impacted by net outflows and equity market volatility.

  • Why this New Yorker decided to follow AllianceBernstein to Nashville
    American City Business Journals17 days ago

    Why this New Yorker decided to follow AllianceBernstein to Nashville

    "The career opportunity and business challenge is a once-in-a-lifetime opportunity," Sansiveri said, when asked about his decision to follow AllianceBernstein to Nashville.

  • Here's who will lead AllianceBernstein's Nashville private wealth office
    American City Business Journals17 days ago

    Here's who will lead AllianceBernstein's Nashville private wealth office

    It might be four years until AllianceBernstein officially transitions its headquarters to Nashville, but that doesn't mean the Wall Street giant is coming quietly.

  • GlobeNewswire18 days ago

    Report: Exploring Fundamental Drivers Behind Wix, Zillow Group, AllianceBernstein Holding, Mitek, Fonar, and Covenant Transportation Group — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Feb. 05, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Bloomberg23 days ago

    Puerto Rico Rebound Lures Mutual Funds Back to Island's Bonds

    After shunning the U.S. territory for much of the past six years, municipal-bond mutual funds are again buying the government’s debt as it recovers from the 2017 hurricane and inches closer to winning a potential court approval to restructure more than $17 billion of sales-tax-backed debt, a major step in its record-setting bankruptcy. Pacific Investment Management Co. held about $506 million of commonwealth securities as of Sept. 30, nearly 10 times the $52 million held the month before Hurricane Maria, according to data compiled by Bloomberg. AllianceBernstein LP increased its exposure to $347 million, as of Nov. 30, up from $53 million in August 2017.

  • PR Newswire24 days ago

    AB to Report Fourth Quarter 2018 Results on February 13, 2019

    NEW YORK , Jan. 30, 2019 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Fourth Quarter 2018 financial and operating results will be released on ...

  • EM Bonds on Cusp of Rally Now at Mercy of Fed, Trade Talks
    Bloomberg26 days ago

    EM Bonds on Cusp of Rally Now at Mercy of Fed, Trade Talks

    A JPMorgan Chase & Co. measure of emerging-market sovereign bond yields is a whisker away from falling below its 200-day moving average, an occurrence that’s heralded gains on all five of the previous occasions it’s broken through such a level since 2008. While the Fed is likely to keep interest rates unchanged on Wednesday following nine hikes since 2015, investors are betting on a dovish tilt from Chairman Jerome Powell.

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  • Report: In just three years, the number of people working downtown jumped 25 percent
    American City Business Journalslast month

    Report: In just three years, the number of people working downtown jumped 25 percent

    The spike, which does not reflect the thousands of new downtown jobs announced last year alone, also raises fresh questions about whether downtown's water, sewer and roads can sustain such a burst of action over the long term.

  • Tennessee's business tax credits way bigger than first thought
    American City Business Journalslast month

    Tennessee's business tax credits way bigger than first thought

    State officials and many corporate site selectors often depict incentives as tie-breakers between competing locations that a company is evaluating. Yet tax credits for businesses attract hardly any scrutiny, because the state shields what companies claim them and how much they receive, citing decades-old confidentiality laws. Three organizations are using the newly released tax-credit data to propel their push for more transparency and disclosure.

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    Zackslast month

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  • PR Newswirelast month

    AB Announces December 31, 2018 Assets Under Management

    NEW YORK , Jan. 10, 2019 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management ...