Vanguard Personalized Indexing Management LLC Has $1.24 Million Stock Holdings in Affiliated Managers Group, Inc. (NYSE:AMG)

Vanguard Personalized Indexing Management LLC boosted its position in shares of Affiliated Managers Group, Inc. (NYSE:AMGFree Report) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,478 shares of the asset manager’s stock after buying an additional 158 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Affiliated Managers Group were worth $1,235,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Affiliated Managers Group by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 3,791,126 shares of the asset manager’s stock worth $424,037,000 after buying an additional 43,391 shares in the last quarter. Morgan Stanley lifted its stake in shares of Affiliated Managers Group by 907.4% in the 4th quarter. Morgan Stanley now owns 2,772,941 shares of the asset manager’s stock valued at $439,317,000 after purchasing an additional 2,497,690 shares during the period. State Street Corp lifted its stake in shares of Affiliated Managers Group by 4.2% in the 1st quarter. State Street Corp now owns 1,352,135 shares of the asset manager’s stock valued at $190,583,000 after purchasing an additional 54,161 shares during the period. Ariel Investments LLC lifted its stake in shares of Affiliated Managers Group by 4.4% in the 1st quarter. Ariel Investments LLC now owns 937,224 shares of the asset manager’s stock valued at $132,102,000 after purchasing an additional 39,576 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Affiliated Managers Group by 2.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 808,008 shares of the asset manager’s stock valued at $121,115,000 after purchasing an additional 16,118 shares during the period. Institutional investors and hedge funds own 92.89% of the company’s stock.

Affiliated Managers Group Trading Up 1.0 %

AMG stock opened at $155.89 on Friday. The stock has a market cap of $5.27 billion, a PE ratio of 8.99, a price-to-earnings-growth ratio of 0.56 and a beta of 1.31. The stock has a 50-day moving average price of $149.03 and a two-hundred day moving average price of $137.87. Affiliated Managers Group, Inc. has a 1 year low of $120.22 and a 1 year high of $168.89.

Affiliated Managers Group (NYSE:AMGGet Free Report) last announced its quarterly earnings data on Monday, February 5th. The asset manager reported $6.86 earnings per share for the quarter, beating the consensus estimate of $6.03 by $0.83. Affiliated Managers Group had a return on equity of 16.29% and a net margin of 32.71%. The company had revenue of $502.70 million during the quarter, compared to analysts’ expectations of $524.98 million. During the same quarter last year, the company earned $7.28 EPS. Affiliated Managers Group’s revenue for the quarter was down 6.8% compared to the same quarter last year. On average, analysts forecast that Affiliated Managers Group, Inc. will post 21.19 earnings per share for the current fiscal year.

Affiliated Managers Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 15th will be paid a $0.01 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $0.04 annualized dividend and a yield of 0.03%. Affiliated Managers Group’s dividend payout ratio (DPR) is currently 0.23%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. StockNews.com raised Affiliated Managers Group from a “hold” rating to a “buy” rating in a research note on Friday, October 20th. TD Cowen assumed coverage on shares of Affiliated Managers Group in a research report on Thursday, January 4th. They issued an “outperform” rating and a $185.00 price objective for the company. Finally, Barrington Research upped their price objective on shares of Affiliated Managers Group from $165.00 to $175.00 and gave the company an “outperform” rating in a research report on Tuesday, January 16th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.20.

Check Out Our Latest Analysis on Affiliated Managers Group

Affiliated Managers Group Profile

(Free Report)

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.

Read More

Want to see what other hedge funds are holding AMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Affiliated Managers Group, Inc. (NYSE:AMGFree Report).

Institutional Ownership by Quarter for Affiliated Managers Group (NYSE:AMG)

Receive News & Ratings for Affiliated Managers Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Affiliated Managers Group and related companies with MarketBeat.com's FREE daily email newsletter.