|Bid||50.84 x 800|
|Ask||52.05 x 900|
|Day's Range||51.17 - 51.46|
|52 Week Range||30.27 - 52.62|
|Beta (5Y Monthly)||1.36|
|PE Ratio (TTM)||89.88|
|Earnings Date||May 03, 2023 - May 08, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.63|
Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Hausman Advisors, LLC ("Hausman"), a registered investment adviser based in Hood River, OR, will join Focus partner firm Buckingham Strategic Wealth, LLC ("Buckingham" or "Buckingham Strategic Wealth").
Ameriprise (AMP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Buyout shop Clayton, Dubilier Rice has struck a deal to buy Focus Financial Partners in a deal that values the company at $4.6 billion. CD will pay $53 a share in cash. Focus's stock closed at $50.20 a share on Friday, but the offer represents a 15% premium to its closing level on Feb. 1, the day before Focus announced it had received the offer. Focus Financial's shares were recently up about 3%. Funds managed by private-equity firm Stone Point Capital will hold on to some of their investments i