Affiliated Managers Falls 3.35% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Jun 09, 3:02PM CDT
Affiliated Managers (NYSE:AMG) traded in a range yesterday that spanned from a low of $164.70 to a high of $169.18. Yesterday, the shares fell 3.4%, which took the trading range below the 3-day low of $169.19 on volume of 258,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMG: 159.68 (-6.83)
SmarTrend Watching for Potential Rebound in Shares of Affiliated Managers After 3.35% Loss
Comtex SmarTrend(R) - Thu Jun 09, 3:00PM CDT
Affiliated Managers (NYSE:AMG) traded in a range yesterday that spanned from a low of $164.70 to a high of $169.18. Yesterday, the shares fell 3.4%, which took the trading range below the 3-day low of $169.19 on volume of 258,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMG: 159.68 (-6.83)
Affluent Millennials Seek Investment Advice and Insight into Alternatives
BusinessWire - Wed Jun 08, 9:18AM CDT
Approximately 70% of Millennial investors are interested in alternative mutual funds, and wish they knew more about the benefits of alternative investing, according to a recent survey by AMG Funds, the U.S. retail distribution arm of global asset management company Affiliated Managers Group, Inc. (NYSE: AMG). The survey polled approximately 1,000 affluent individual investors with over $250,000 in household investable assets - including over 100 "Millennials" between the ages of 18 and 35 - on their forward expectations regarding equity markets and the macroeconomic environment, as well as their mindset and behaviors around investing.
AMG: 159.68 (-6.83)
AMG Announces Pricing of Public Offering of Common Stock
BusinessWire - Tue Jun 07, 7:51AM CDT
Affiliated Managers Group, Inc. (NYSE:AMG), a global asset management company, announced today the pricing of an underwritten public offering of 2,500,000 shares of its common stock, all of which are expected to be subject to the forward sale agreement described below, for expected gross proceeds of approximately $425 million before underwriting discounts and commissions and estimated offering expenses, assuming that the forward sale is physically settled in full. The underwriters have been granted a 30-day option to purchase up to 375,000 additional shares of common stock, which if exercised would increase such expected gross proceeds to $489 million.
AMG: 159.68 (-6.83)
Affiliated Managers to Buy Minority Stake in 5 Hedge Funds
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 6:46AM CDT
Affiliated Managers is buying minority stakes in five hedge funds for $800 million.
SEIC: 49.73 (-1.48), GS: 149.89 (-3.28), OMAM: 14.35 (-0.43), AMG: 159.68 (-6.83)
AMG Announces Proposed Public Offering of Common Stock
BusinessWire - Mon Jun 06, 4:18PM CDT
Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, announced today that it intends to offer, in an underwritten public offering, 2.5 million shares of its common stock, all of which are expected to be subject to the forward sale agreement described below. The underwriters are expected to be granted a 30-day option to purchase up to 375,000 additional shares of common stock.
AMG: 159.68 (-6.83)
AMG Announces Agreement to Invest in Leading Alternative Firms
BusinessWire - Mon Jun 06, 5:58AM CDT
Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, announced that it has reached a definitive agreement with Petershill Fund I, a group of investment vehicles managed by Goldman Sachs Asset Management, L.P., to acquire 100% of Petershill Fund I's minority equity interests in five leading alternative investment firms: Winton Capital Group Ltd., Capula Investment Management LLP, Partner Fund Management, L.P., Mount Lucas Management LP, and CapeView Capital LLP.
AMG: 159.68 (-6.83)
Nasdaq (NDAQ) Announces $500 Million Senior Notes Offering
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:04AM CDT
Nasdaq Inc. (NDAQ) has priced a new debt offering of $500 million worth 3.850% senior notes. This dollar-denominated offering is due to mature in 2026.
ECC: 16.73 (-0.26), AMG: 159.68 (-6.83), GBL: 35.62 (-0.52), NDAQ: 65.58 (-0.08)
Affiliated Managers Falls 1.04% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jun 01, 3:02PM CDT
Affiliated Managers (NYSE:AMG) traded in a range yesterday that spanned from a low of $168.81 to a high of $172.37. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $169.79 on volume of 194,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMG: 159.68 (-6.83)
Look for Shares of Affiliated Managers to Potentially Rebound after Yesterday's 1.04% Sell Off
Comtex SmarTrend(R) - Wed Jun 01, 3:00PM CDT
Affiliated Managers (NYSE:AMG) traded in a range yesterday that spanned from a low of $168.81 to a high of $172.37. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $169.79 on volume of 194,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
AMG: 159.68 (-6.83)
5 GARP Stocks to Enhance Your Portfolio Returns
Zacks Equity Research - Zacks Investment Research - Tue May 31, 12:24PM CDT
Investors following this strategy pick undervalued stocks with strong earnings growth history and prospects.
WHR: 177.52 (-2.17), CENT: 19.87 (-0.23), AMG: 159.68 (-6.83), HTLF: 35.37 (-0.16), DST: 117.90 (-1.82)
Eaton Vance (EV) Q2 Earnings Beat; AUM Up, Expenses Fall
Zacks Equity Research - Zacks Investment Research - Thu May 26, 6:52AM CDT
Eaton Vance's second-quarter fiscal 2016 (ended Apr 30) adjusted earnings of 48 cents per share beat the Zacks Consensus Estimate by a penny.
AMG: 159.68 (-6.83), BLK: 346.97 (-10.99), IVZ: 28.42 (-0.65), EV: 35.37 (-1.02)
Lazard (LAZ) Hit by Economic Headwinds: Time to Sell?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:19AM CDT
We have issued an updated research report on Lazard Ltd. (LAZ) on May 23. Shares of this asset manager recorded a year-to-date negative return of 20.4%.
AB: 22.98 (-0.56), LAZ: 33.03 (-0.50), AMG: 159.68 (-6.83), GBL: 35.62 (-0.52)
Affiliated Managers (AMG) is a Must-Add Now: Here's Why
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:17AM CDT
From recording 6-year (2010--2015) CAGR of 13.8% in assets under management to holding an almost unbeaten track record of buying equity interests in asset management companies with strong performance-oriented products, Affiliated Managers Group Inc. (AMG), has been firing on all cylinders of late.
APAM: 31.35 (-1.08), AB: 22.98 (-0.56), AMG: 159.68 (-6.83), GBL: 35.62 (-0.52)
Eaton Vance (EV) Q2 Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:31AM CDT
Will Eaton Vance (EV) disappoint yet again? Or will it surpass earnings estimates this quarter? Let's see how things have shaped up for this announcement.
AB: 22.98 (-0.56), AMG: 159.68 (-6.83), WAL: 36.21 (-0.58), EV: 35.37 (-1.02)
6 Reasons to Add Navient Stock to Your Portfolio Now
Zacks Equity Research - Zacks Investment Research - Fri May 13, 12:28PM CDT
Keeping headwinds in the sidelines and considering several positives, investing in Navient Corporation (NAVI) should not disappoint you.
AMG: 159.68 (-6.83), CNS: 38.90 (-0.68), NAVI: 12.95 (-0.26)
26.3% Return Seen to Date on SmarTrend Affiliated Managers Call (AMG)
Comtex SmarTrend(R) - Tue May 03, 1:03PM CDT
SmarTrend identified an Uptrend for Affiliated Managers (NYSE:AMG) on February 17th, 2016 at $130.62. In approximately 3 months, Affiliated Managers has returned 26.27% as of today's recent price of $164.93.
AMG: 159.68 (-6.83)
Affiliated Managers Group Takes a Big Revenue Hit
Dan Caplinger, The Motley Fool - Motley Fool - Tue May 03, 12:37PM CDT
Image source: AMG. The first quarter was a rocky one for the stock market, and investment management firm Affiliated Managers Group had to do its best to weather the storm and position itself to ride out ongoing volatility. Investors were...
AMG: 159.68 (-6.83)
Affiliated Managers (AMG) Posts In-Line Q1 Earnings
Zacks Equity Research - Zacks Investment Research - Tue May 03, 8:19AM CDT
Affiliated Managers (AMG) came out with economic earnings of $2.94 per share, which came in line with the Zacks Consensus Estimate.
AMG: 159.68 (-6.83)
Prudential (PRU) to Report Q1 Earnings: Will Stock Gain?
Zacks Equity Research - Zacks Investment Research - Tue May 03, 7:40AM CDT
We expect multiline insurer Prudential Financial, Inc. (PRU) to beat expectations when it reports first-quarter results on May 4 after market close.
PRU: 73.54 (-1.61), AMG: 159.68 (-6.83), DOC: 19.87 (+0.09), LNC: 43.04 (-1.29)