AllianceBernstein Holding L.P. (AB)
Market Cap | 3.86B |
Revenue (ttm) | 309.68M |
Net Income (ttm) | 273.97M |
Shares Out | 115.06M |
EPS (ttm) | 2.41 |
PE Ratio | 13.91 |
Forward PE | 10.78 |
Dividend | $2.92 (8.71%) |
Ex-Dividend Date | May 3, 2024 |
Volume | 157,948 |
Open | 33.45 |
Previous Close | 33.49 |
Day's Range | 33.31 - 34.00 |
52-Week Range | 25.83 - 35.43 |
Beta | 1.26 |
Analysts | Strong Buy |
Price Target | 41.19 (+22.85%) |
Earnings Date | Jul 25, 2024 |
About AB
AllianceBernstein Holding L.P. is a publicly owned investment manager. The firm is a related adviser The firm manages separate client focused portfolios for its clients. The firm primarily invests in common and preferred stocks, warrants and convertible securities, government and corporate fxed-income securities, commodities, currencies, real estate-related assets and infation-protected securities. The firm employs quantitative analysis along with long-term purchases, short-term purchases, trading, short sales, margin transactions, option strat... [Read more]
Financial Performance
In 2023, AB's revenue was $299.78 million, a decrease of -1.87% compared to the previous year's $305.50 million. Earnings were $264.18 million, a decrease of -3.64%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AB stock is "Strong Buy." The 12-month stock price forecast is $41.19, which is an increase of 22.85% from the latest price.
News
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AB Announces May 31, 2024 Assets Under Management
NASHVILLE, Tenn. , June 11, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AllianceBernstein Finalizes Two New ETF Conversions
Latest additions bring AB's total ETF offering to 14 products NASHVILLE, Tenn., June 10, 2024 /PRNewswire/ -- AllianceBernstein Holding L.P.
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Onur Erzan, Head of Global Client Group and Private Wealth, to Participate in the TD Financial Services & Fintech Summit on June 6th, 2024
NASHVILLE, Tenn. , May 23, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AllianceBernstein Announces Appointment of Bruce Holley to its Board of Directors
NASHVILLE, Tenn. , May 15, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AB Announces April 30, 2024 Assets Under Management
NASHVILLE, Tenn. , May 9, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AllianceBernstein Expands Retirement Income Offerings with AB Secure Income Portfolio
NASHVILLE, Tenn. , May 9, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTS
GAAP Diluted Net Income of $0.67 per Unit Adjusted Diluted Net Income of $0.73 per Unit Cash Distribution of $0.73 per Unit NASHVILLE, Tenn. , April 25, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AB to Report First Quarter 2024 Results on April 25, 2024
NASHVILLE, Tenn. , April 11, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AB Announces March 31, 2024 Assets Under Management
NASHVILLE, Tenn. , April 9, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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SocGen, AllianceBernstein launch their cash equities JV
Societe Generale , France's third-biggest listed bank, and U.S. asset manager AllianceBernstein officially launched their joint venture in the cash equities and equity research businesses, the two com...
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SOCIETE GENERALE AND ALLIANCEBERNSTEIN ANNOUNCE THE OFFICIAL LAUNCH OF BERNSTEIN, A NEW LEADER IN CASH EQUITIES & RESEARCH
NASHVILLE, Tenn. and PARIS , April 2, 2024 /PRNewswire/ -- AllianceBernstein (NYSE: AB) and Societe Generale (EURONEXT: GLE) today announced the official launch of Bernstein, a joint venture creating ...
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AB Announces February 29, 2024 Assets Under Management
NASHVILLE, Tenn. , March 11, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AB Announces January 31, 2024 Assets Under Management
NASHVILLE, Tenn. , Feb. 12, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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Seth Bernstein, President and CEO, to Participate in the Bank of America 2024 Financial Services Conference on February 21st, 2024
NASHVILLE, Tenn. , Feb. 7, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FOURTH QUARTER RESULTS
GAAP Diluted Net Income of $0.71 per Unit Adjusted Diluted Net Income of $0.77 per Unit Cash Distribution of $0.77 per Unit NASHVILLE, Tenn. , Feb. 6, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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Co-founders of AllianceBernstein's Autonomous research quit ahead of SocGen venture
The three co-founders of AllianceBernstein's Autonomous research unit have quit, ahead of the U.S. investment firm merging its equities business with French bank Societe Generale.
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Bernstein Private Wealth Management Announces Expansion of Ultrahigh-Net-Worth Platform
Firm introduces plans to expand existing team and services catering to UHNW clientele NEW YORK , Jan. 29, 2024 /PRNewswire/ -- Bernstein Private Wealth Management (Bernstein), a unit of AllianceBernst...
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AB to Report Fourth Quarter 2023 Results on February 6, 2024
NASHVILLE, Tenn., Jan. 24, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AB Announces December 31, 2023 Assets Under Management
NASHVILLE, Tenn. , Jan. 10, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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AB Announces November 30, 2023 Assets Under Management
NASHVILLE, Tenn. , Dec. 11, 2023 /PRNewswire/ -- AllianceBernstein L.P.
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AllianceBernstein Announces Launch of NAV Lending Strategy
NASHVILLE, Tenn. , Dec. 5, 2023 /PRNewswire/ -- AllianceBernstein L.P.
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Seth Bernstein, President and CEO, to Participate in the Goldman Sachs 2023 US Financial Services Conference on December 5th, 2023
NASHVILLE,Tenn., Nov. 21, 2023 /PRNewswire/ -- AllianceBernstein L.P.
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AB Announces October 31, 2023 Assets Under Management
NASHVILLE, Tenn. , Nov. 9, 2023 /PRNewswire/ -- AllianceBernstein L.P.
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ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES THIRD QUARTER RESULTS
GAAP Diluted Net Income of $0.50 per Unit Adjusted Diluted Net Income of $0.65 per Unit Cash Distribution of $0.65 per Unit NASHVILLE, Tenn. , Oct. 26, 2023 /PRNewswire/ -- AllianceBernstein L.P.