AB - AllianceBernstein Holding L.P.

NYSE - NYSE Delayed Price. Currency in USD
33.42
-0.20 (-0.59%)
At close: 4:02PM EST
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Previous Close33.62
Open33.05
Bid0.00 x 800
Ask35.00 x 900
Day's Range33.00 - 33.49
52 Week Range26.29 - 33.95
Volume181,003
Avg. Volume327,842
Market Cap3.205B
Beta (5Y Monthly)1.16
PE Ratio (TTM)14.66
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.52 (7.50%)
Ex-Dividend DateOct 31, 2019
1y Target EstN/A
  • Is AllianceBernstein Holding L.P. (AB) Stock Outpacing Its Finance Peers This Year?
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    Is AllianceBernstein Holding L.P. (AB) Stock Outpacing Its Finance Peers This Year?

    Is (AB) Outperforming Other Finance Stocks This Year?

  • Why AllianceBernstein (AB) Stock Might be a Great Pick
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    Why AllianceBernstein (AB) Stock Might be a Great Pick

    AllianceBernstein (AB) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

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    Top Ranked Income Stocks to Buy for January 22nd

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  • Two more Nashville companies earn perfect scores on high-profile index
    American City Business Journals

    Two more Nashville companies earn perfect scores on high-profile index

    Two Nashville-based companies have a new distinction to add to their resume: earning top honors for LGBT inclusion. Haven Behavioral Healthcare and Genesco Inc. received perfect scores on the Human Rights Campaign Foundation's annual Corporate Equality Index, which was released Tuesday.

  • State tees up more incentives for AllianceBernstein
    American City Business Journals

    State tees up more incentives for AllianceBernstein

    AllianceBernstein, which is moving its headquarters to downtown Nashville, announced this week that it's bringing 200 extra jobs beyond its original commitment of 1,050.

  • Zacks.com featured highlights include: Calavo Growers, BMC Stock, Humana, Vipshop and AllianceBernstein
    Zacks

    Zacks.com featured highlights include: Calavo Growers, BMC Stock, Humana, Vipshop and AllianceBernstein

    Zacks.com featured highlights include: Calavo Growers, BMC Stock, Humana, Vipshop and AllianceBernstein

  • Top Ranked Income Stocks to Buy for January 15th
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    Top Ranked Income Stocks to Buy for January 15th

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  • AllianceBernstein ups Nashville hiring goal
    American City Business Journals

    AllianceBernstein ups Nashville hiring goal

    AllianceBernstein LP is increasing its hiring expectations, as the Wall Street giant continues its headquarters relocation to Nashville.

  • 5 Top-Ranked DuPont-Confirmed Quality Stocks
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    5 Top-Ranked DuPont-Confirmed Quality Stocks

    DuPont technique examines operating management, management of assets and capital structure to find out the financial condition of a company.

  • Is AllianceBernstein (AB) Stock Undervalued Right Now?
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    Is AllianceBernstein (AB) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • How to Time the Markets Like an Investing Pro - January 09, 2020
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    How to Time the Markets Like an Investing Pro - January 09, 2020

    In the long-run, does consistent market timing really matter to be a successful investor?

  • Franklin to Buy Athena Capital Advisors With AUM Worth $6B
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    Franklin to Buy Athena Capital Advisors With AUM Worth $6B

    Franklin (BEN) seals deal to acquire Lincoln-based Athena Capital Advisors, in a bid to fortify its wealth-management business.

  • Why AllianceBernstein (AB) is Worth Adding to Your Portfolio
    Zacks

    Why AllianceBernstein (AB) is Worth Adding to Your Portfolio

    AllianceBernstein's (AB) strong asset under management balance and solid prospects make it an attractive pick at the moment.

  • Zacks.com featured highlights include: Universal Forest Products, Vipshop, AllianceBernstein and BG Staffing
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    Zacks.com featured highlights include: Universal Forest Products, Vipshop, AllianceBernstein and BG Staffing

    Zacks.com featured highlights include: Universal Forest Products, Vipshop, AllianceBernstein and BG Staffing

  • The $14 Trillion Emerging-Markets Rally Has Big Backing for 2020
    Bloomberg

    The $14 Trillion Emerging-Markets Rally Has Big Backing for 2020

    (Bloomberg) -- Emerging markets are about to embark on another year of wealth creation after adding $14 trillion to investor portfolios in the past decade.Developing-nation assets will outperform their developed peers, with Asia having the best prospects, according to Bloomberg’s survey of 57 global investors, strategists and traders on their outlook for next year. Total wealth in emerging-market stocks and bonds now exceeds $27 trillion, bigger than the economies of the U.S. and Germany combined.The U.S.-China trade dispute that dictated market moves throughout 2019 will remain the biggest driving force, while China’s growth outlook eclipsed Federal Reserve monetary policy to be the second-most important factor. After a wave of global easing led to more than $11 trillion in negative-yielding debt, the haven pile will be less of a focus as some central banks enter holding patterns from easier monetary policies.All emerging-market assets -- currencies, stocks and bonds -- are making a comeback this year after posting their largest losses in three years in 2018 as the Fed led global central banks in cutting benchmark rates to support flagging growth. Russia’s ruble, the best-performing emerging currency this year through Dec. 24, overtook the Brazilian real to become the top pick in 2020, while Indonesia was the most favored for both bonds and stocks.“I’m still quite bullish on emerging markets heading into 2020,” said Takeshi Yokouchi, a Tokyo-based senior fund manager at Sumitomo Mitsui DS Asset Management Co., which oversees the equivalent of $160 billion in assets. “Underlying supporting factors for EM still remain, with very low rates globally, and that will encourage investors to look at higher-yielding assets.”Listen here to a a related podcast The combined equity value of 26 nations listed by MSCI Inc. as developing markets has increased by $9.2 trillion since the end of 2009 through Dec. 24, according to data compiled by Bloomberg. Meanwhile, Bloomberg Barclays bond indexes that cover a larger swathe of emerging economies show that local-currency bonds added $3 trillion, U.S. dollar bonds added $1.7 trillion and euro-denominated securities increased $219 billion during the period. The MSCI Inc.’s equities gauge rose about 15% in 2019 through Christmas eve, and its gauge of currencies added 2.5%.Below are the results of the Nov. 26-Dec. 5 survey. Click here to read the previous poll, and here is what we predicted for 2019.Asia maintained its top position for currencies and stocks, while Latin America, which was plagued by a rise in political unrest this year, overtook Asia for bonds. Europe, the Middle East and Africa was the least favored for bonds and equities, but moved one notch up for currencies.High-yielding assets dominated the top spots across the regions, underscoring continued demand.Respondents were also asked about the outlook for inflation, monetary policy and economic growth across 12 emerging markets:Here is a list of the survey participants:\--With assistance from Tomoko Yamazaki, Adrian Krajewski, Aline Oyamada, Áine Quinn, Andres Guerra Luz, Justin Villamil, Lilian Karunungan, Netty Ismail, Simon Flint, Sydney Maki and Srinivasan Sivabalan.To contact the reporters on this story: Yumi Teso in Bangkok at yteso1@bloomberg.net;Marcus Wong in Singapore at mwong547@bloomberg.net;Selcuk Gokoluk in London at sgokoluk@bloomberg.netTo contact the editors responsible for this story: Tomoko Yamazaki at tyamazaki@bloomberg.net, ;Alex Nicholson at anicholson6@bloomberg.net, ;Carolina Wilson at cwilson166@bloomberg.net, Cormac MullenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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  • Are Investors Undervaluing AllianceBernstein (AB) Right Now?
    Zacks

    Are Investors Undervaluing AllianceBernstein (AB) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • AB or HLNE: Which Is the Better Value Stock Right Now?
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    AB or HLNE: Which Is the Better Value Stock Right Now?

    AB vs. HLNE: Which Stock Is the Better Value Option?

  • When Does Market Timing Actually Work? - December 18, 2019
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    When Does Market Timing Actually Work? - December 18, 2019

    In the long-run, does consistent market timing really matter to be a successful investor?

  • AllianceBernstein November AUM Up on Inflows & Market Gains
    Zacks

    AllianceBernstein November AUM Up on Inflows & Market Gains

    Increase in assets under management balance is likely to keep supporting AllianceBernstein's (AB) financials going forward.

  • Hedge Funds Are Selling AllianceBernstein Holding LP (AB)
    Insider Monkey

    Hedge Funds Are Selling AllianceBernstein Holding LP (AB)

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]

  • Tech Makes Life on the Coasts Tough for Banks
    Bloomberg

    Tech Makes Life on the Coasts Tough for Banks

    (Bloomberg Opinion) -- Why is the nation's financial industry concentrated in just a few very costly cities?The latest actions by the Charles Schwab Corp. suggest there's less reason than there once was amid the squeeze the industry has been feeling since the Great Recession ended. In Schwab's case -- amid slow economic growth, low interest rates and continued pressure on trading commissions -- the discount brokerage firm slashed its fees, said it would buy a main rival and move its headquarters from high-cost San Francisco to more-affordable Dallas. It may not be the last to make such a move.No matter what part of the financial services or banking ecosystems you look at, revenues are harder to come by today than they were 10 or 20 years ago. Trading commissions have fallen, with online brokerages ushering in zero commissions. Bid-ask spreads for market makers have narrowed. Management fees for mutual funds and hedge funds continue to shrink. Mutual funds are losing market share to low-cost exchange-traded funds. Net interest margins for banks have been compressed by both low interest rates and a flatter yield curve. The Volcker rule restricted some of the more lucrative activities banks can do. Higher capital requirements have reduced the profitability of the banks. Loan growth has been anemic since the financial crisis. And increasingly, private companies are looking to do direct listings on stock markets rather than initial public offerings, threatening bank underwriting fees.And at the same time that revenues have been pressured, the costs of operating in coastal urban hubs where the finance industry has traditionally been clustered continue to rise. Although conservatives might snicker and chalk it up to the higher taxes in coastal finance centers, the bigger story has been the concentration of the technology industry and the young, highly paid knowledge workers they hire. In the first decade of the 2000s, when the credit and housing booms were roaring, the tech industry played second fiddle to finance when it came to urban employment. Even San Francisco was relatively tech-free until Twitter set up shop in the latter half of the decade. Rents, although high, were manageable for many workers with good financial industry jobs.That's no longer the case. With tech on a tear, young college-educated workers have, in turn, clustered in a handful of cities to gain access to more job opportunities. This dynamic has driven up rents in New York and San Francisco, posing stiff competition for financial companies looking to hire workers with the same types of skills prized by tech firms. The mediocre post-recession environment in finance has also meant banking and investment firms often find themselves outbid for talent.For the financial industry, that means if you can't beat 'em, retreat to cheaper pastures. That helps explain why Goldman Sachs has expanded in Salt Lake City; AllianceBernstein is planning to move its headquarters from New York to Nashville, Tennessee; and BlackRock is opening an "innovation center" in Atlanta. Perhaps the most significant announcement was made by JPMorgan Chief Executive Officer Jamie Dimon in October, when he said that he expects Texas to eventually overtake New York as the state with more of the bank's employees than any other.As with the shifts in the manufacturing industry, these changes take place over years and decades, but it's likely that the trend of decentralization will continue. Although Schwab is a high-profile financial firm moving its headquarters out of San Francisco, a much bigger one -- Wells Fargo -- remains based there. But for how long? The scandal-plagued bank recently hired a new chief executive, but he plans to remain in New York rather than move to the West Coast. The bank has five times as many job postings on its website in Charlotte, North Carolina, thanks to its acquisition of Wachovia, as it does in San Francisco. It wouldn't be a surprise if -- as part of its long-term repositioning strategy -- a headquarters relocation is part of the mix.It's been a bit more than a decade since the financial crisis, and banks and financial-services firms have had enough time to dust themselves off and adjust to the new environment for the industry. If the 2000s were defined by the bust, and the 2010s were a period of recovery and sluggish growth, then maybe the 2020s will be when the industry consolidates and finally lowers costs by shifting to cheaper cities.To contact the author of this story: Conor Sen at csen9@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Conor Sen is a Bloomberg Opinion columnist. He is a portfolio manager for New River Investments in Atlanta and has been a contributor to the Atlantic and Business Insider.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

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    Invesco (IVZ) Up 1.4% as November AUM Rises on Market Gains

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