Affiliated Managers Group, Inc. (NYSE:AMG) – Analysts at Barrington Research issued their Q1 2018 earnings per share (EPS) estimates for Affiliated Managers Group in a research note issued to investors on Wednesday. Barrington Research analyst A. Paris. Jr expects that the asset manager will earn $3.80 per share for the quarter. Barrington Research has a “Outperform” rating and a $215.00 price objective on the stock. Barrington Research also issued estimates for Affiliated Managers Group’s Q2 2018 earnings at $3.85 EPS, Q3 2018 earnings at $3.90 EPS, Q4 2018 earnings at $5.60 EPS and FY2018 earnings at $17.15 EPS.

Several other research firms also recently commented on AMG. Keefe, Bruyette & Woods restated a “buy” rating and set a $229.00 price objective on shares of Affiliated Managers Group in a report on Thursday, October 12th. Zacks Investment Research upgraded Affiliated Managers Group from a “hold” rating to a “buy” rating and set a $213.00 price objective on the stock in a report on Monday, October 2nd. Jefferies Group restated a “buy” rating and set a $226.00 price objective on shares of Affiliated Managers Group in a report on Thursday, October 12th. Credit Suisse Group downgraded Affiliated Managers Group from an “outperform” rating to a “neutral” rating and set a $220.00 price objective on the stock. in a report on Wednesday, January 3rd. Finally, Goldman Sachs Group downgraded Affiliated Managers Group from a “buy” rating to a “neutral” rating and set a $216.00 price objective on the stock. in a report on Tuesday, January 9th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $211.00.

Affiliated Managers Group (AMG) traded up $4.67 on Thursday, reaching $207.68. The company’s stock had a trading volume of 331,200 shares, compared to its average volume of 296,327. The stock has a market cap of $11,283.69, a P/E ratio of 22.48, a P/E/G ratio of 0.73 and a beta of 1.71. Affiliated Managers Group has a one year low of $139.52 and a one year high of $208.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.61 and a quick ratio of 0.61.

Affiliated Managers Group (NYSE:AMG) last released its quarterly earnings data on Monday, October 30th. The asset manager reported $3.41 EPS for the quarter, topping the consensus estimate of $3.36 by $0.05. The company had revenue of $585.70 million for the quarter, compared to the consensus estimate of $586.55 million. Affiliated Managers Group had a return on equity of 17.63% and a net margin of 23.29%. Affiliated Managers Group’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $3.02 EPS.

In other news, CEO Sean M. Healey sold 69,800 shares of Affiliated Managers Group stock in a transaction on Friday, November 17th. The stock was sold at an average price of $185.48, for a total value of $12,946,504.00. Following the transaction, the chief executive officer now directly owns 194,943 shares in the company, valued at approximately $36,158,027.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dwight D. Churchill sold 2,080 shares of Affiliated Managers Group stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $184.28, for a total value of $383,302.40. Following the completion of the transaction, the director now owns 6,104 shares in the company, valued at $1,124,845.12. The disclosure for this sale can be found here. Insiders sold a total of 89,585 shares of company stock worth $16,734,012 over the last quarter. Company insiders own 1.40% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Stephens Inc. AR increased its holdings in shares of Affiliated Managers Group by 0.4% in the 2nd quarter. Stephens Inc. AR now owns 2,247 shares of the asset manager’s stock valued at $373,000 after acquiring an additional 9 shares during the period. Bancorpsouth Inc. increased its holdings in shares of Affiliated Managers Group by 12.0% in the 2nd quarter. Bancorpsouth Inc. now owns 1,695 shares of the asset manager’s stock valued at $281,000 after acquiring an additional 181 shares during the period. Advisor Group Inc. increased its holdings in shares of Affiliated Managers Group by 46.2% in the 2nd quarter. Advisor Group Inc. now owns 722 shares of the asset manager’s stock valued at $120,000 after acquiring an additional 228 shares during the period. Norinchukin Bank The boosted its position in shares of Affiliated Managers Group by 12.1% in the 2nd quarter. Norinchukin Bank The now owns 2,235 shares of the asset manager’s stock worth $371,000 after purchasing an additional 242 shares in the last quarter. Finally, Mutual of America Capital Management LLC boosted its position in shares of Affiliated Managers Group by 4.1% in the 3rd quarter. Mutual of America Capital Management LLC now owns 7,242 shares of the asset manager’s stock worth $1,375,000 after purchasing an additional 284 shares in the last quarter. Institutional investors and hedge funds own 95.52% of the company’s stock.

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Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc is an asset management company with equity investments in boutique investment management firms. The Company operates in three segments, which represent its principal distribution channels: Institutional, Mutual Fund and High Net Worth. The equity method investments in the Institutional distribution channel are made in relationships with public and private client entities, including foundations, endowments, sovereign wealth funds and retirement plans for corporations and municipalities.

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