|Bid||76.52 x 800|
|Ask||76.59 x 1200|
|Day's Range||75.23 - 76.61|
|52 Week Range||71.08 - 124.28|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||1.28 (1.71%)|
|1y Target Est||86.75|
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
BlueMountain Capital, the hedge fund that battled bitterly with California utility group Pacific Gas and Electric over its plans to file for bankruptcy, is shutting down its flagship fund as the group’s co-founder prepares to leave. Stephen Siderow, who co-founded the group with Andrew Feldstein in 2003, will leave at the end of the year “to consider new opportunities”, according to a statement.
A director's purchase of almost $600,000 in AMG shares on the open market seems to affirm data that indicate the stock should run much higher from here.
The following is our latest Fund Analyst Report for AMG Yacktman ( YACKX ). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. AMG Yacktman continues to make the best of a difficult environment. Comanagers Stephen Yacktman and Jason Subotky are not strict value investors, but they are very valuation-conscious.
Affiliated Managers (AMG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Victory Capital's (VCTR) Q2 results reflect higher assets under management and prudent cost management, partially offset by lower revenues.
Affiliated Managers Group, Inc. (AMG) today announced an adjustment to the conversion rate of its 5.15% junior convertible trust preferred securities due 2037 (the “junior convertible securities”). The conversion rate adjustment is being made in accordance with the indenture governing the conversion of the junior convertible securities as a result of the quarterly cash dividends paid by AMG on common shares since the fourth quarter of 2018 through the previously announced quarterly cash dividend with an ex-dividend date of August 7, 2019 to be paid on August 22, 2019. Effective immediately, the conversion rate is adjusted from 0.2525 common shares per $50.00 junior convertible security to 0.2558 common shares per $50.00 junior convertible security, equivalent to an adjusted conversion price of $195.4652 per common share, compared to the prior conversion price of $198.0198 per common share.
Affiliated Managers Group, Inc. (AMG) today announced that it has entered into an agreement with a subsidiary of Assured Guaranty Ltd. (AGO) and BlueMountain Capital Management, LLC, under which AGO will purchase 100% of the outstanding equity interests in BlueMountain and its associated entities. As part of the transaction, AGO will contribute cash to BlueMountain to fund its working capital needs and the repositioning of the firm. “We are pleased to have had a good partnership with BlueMountain over many years, and also that we worked closely with our long-term partners at BlueMountain to achieve an outcome that is in the best interests of BlueMountain’s clients and employees and AMG’s shareholders.
One-time items can distort annual earnings, as happened with Affiliated Managers Group, which took large non-cash asset write-downs during the fourth quarter of 2018 and the first quarter of this year.
Affiliated Managers (AMG) delivered earnings and revenue surprises of 4.39% and 8.31%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Reports EPS of $2.11, Economic EPS of $3.33 AUM of $776 billion, pro forma for investment in Garda Capital PartnersNet Income (controlling interest) of $108 million, Economic.
NEW YORK, NY / ACCESSWIRE / July 29, 2019 / Affiliated Managers Group, Inc. (NYSE: AMG ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 29, 2019 at 8:30 ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Affiliated Managers Group, Inc. New York, July 26, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Affiliated Managers Group, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.