AllianceBernstein Holding L.P. (AB)

NYSE: AB · IEX Real-Time Price · USD
38.24
-1.31 (-3.31%)
Sep 23, 2022 4:00 PM EDT - Market closed
-3.31%
Market Cap 3.72B
Revenue (ttm) 399.72M
Net Income (ttm) 367.91M
Shares Out 97.27M
EPS (ttm) 3.72
PE Ratio 10.28
Forward PE 13.32
Dividend $3.79 (9.91%)
Ex-Dividend Date Aug 5, 2022
Volume 573,531
Open 39.01
Previous Close 39.55
Day's Range 37.41 - 39.19
52-Week Range 35.20 - 57.54
Beta 1.31
Analysts Buy
Price Target 44.88 (+17.4%)
Earnings Date Oct 26, 2022

About AB

AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house rese... [Read more...]

Industry Capital Markets
IPO Date Apr 14, 1988
Employees 4,118
Stock Exchange NYSE
Ticker Symbol AB
Full Company Profile

Financial Performance

In 2021, AB's revenue was $416.33 million, an increase of 34.99% compared to the previous year's $308.40 million. Earnings were $385.84 million, an increase of 38.11%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for AB stock is "Buy." The 12-month stock price forecast is 44.88, which is an increase of 17.36% from the latest price.

Price Target
$44.88
(17.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AllianceBernstein Launches Active ETFs

Initial ETF Lineup to include the Ultra Short Income and Tax-Aware Short Duration Municipal Strategies NASHVILLE, Tenn. , Sept. 14, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P.

1 week ago - PRNewsWire

AB Announces August 31, 2022 Assets Under Management

NASHVILLE, Tenn. , Sept. 12, 2022 /PRNewswire/ -- AllianceBernstein L.P.

1 week ago - PRNewsWire

IBD's 3rd Annual Customer Trust Survey: Stalwarts And Newcomers Win Praise

Customer trust is hard to earn. Amid a tough economy and stock market, a new survey found out which financial firms consumers trust with their money.

Other symbols: COFJPMPRISCHW
3 weeks ago - Investors Business Daily

AllianceBernstein (AB) Stock Up 2.3% as July AUM Rises 6.5%

Market appreciation and the acquisition of CarVal Investors aid AllianceBernstein's (AB) July AUM balance as it rises 6.5% from the prior month.

1 month ago - Zacks Investment Research

AB Announces July 31, 2022 Assets Under Management

NASHVILLE, Tenn. , Aug. 10, 2022 /PRNewswire/ -- AllianceBernstein L.P.

1 month ago - PRNewsWire

AllianceBernstein Closes US Commercial Real Estate Debt Fund IV

Firm secures over $4.5 billion in commitments in the last 18 months across its US CRED platform NASHVILLE, Tenn. , Aug. 4, 2022 /PRNewswire/ -- AllianceBernstein Holdings L.P.

1 month ago - PRNewsWire

ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES SECOND QUARTER RESULTS

GAAP Diluted Net Income of $0.69 per Unit Adjusted Diluted Net Income of $0.71 per Unit Cash Distribution of $0.71 per Unit NASHVILLE, Tenn. , July 29, 2022 /PRNewswire/ -- AllianceBernstein L.P.

1 month ago - PRNewsWire

AB to Report Second Quarter 2022 Results on July 29, 2022

NASHVILLE, Tenn. , July 15, 2022 /PRNewswire/ -- AllianceBernstein L.P.

2 months ago - PRNewsWire

AB Announces June 30, 2022 Assets Under Management

NASHVILLE, Tenn. , July 12, 2022 /PRNewswire/ -- AllianceBernstein L.P.

2 months ago - PRNewsWire

AllianceBernstein Announces New Leadership Appointments

Kate Burke now Chief Operating Officer and Chief Financial Officer; Onur Erzan now Head of Global Client Group and Head of Private Wealth NASHVILLE, Tenn. , July 6, 2022 /PRNewswire/ -- AllianceBernstei...

2 months ago - PRNewsWire

AllianceBernstein Completes Acquisition of Global Private Alternatives Manager CarVal Investors

NASHVILLE, Tenn. , July 1, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P.

2 months ago - PRNewsWire

ALLIANCEBERNSTEIN AND ALLFUNDS BLOCKCHAIN ENTER COLLABORATION

PARTNERSHIP AIMED AT INTEGRATING BLOCKCHAIN TECHNOLOGY INTO THE FINANCIAL SERVICES ECOSYSTEM MADRID and LONDON and NASHVILLE, Tenn. , June 15, 2022 /PRNewswire/ -- AllianceBernstein Holding L.P.

3 months ago - PRNewsWire

AllianceBernstein (AB) Witnesses Marginal Rise in May AUM

AllianceBernstein (AB) records month-end AUM of $687 billion in May 2022, up marginally from the end of the prior month.

3 months ago - Zacks Investment Research

AB Announces May 31, 2022 Assets Under Management

NASHVILLE, Tenn. , June 9, 2022 /PRNewswire/ -- AllianceBernstein L.P.

3 months ago - PRNewsWire

Seth Bernstein, President and CEO, to Participate in the Morgan Stanley US Financials, Payments and CRE Conference on...

NASHVILLE,Tenn., June 8, 2022 /PRNewswire/ -- AllianceBernstein L.P.

3 months ago - PRNewsWire

7 High-Yielding Monthly Dividend Stocks to Buy in June

Monthly income compliments investors holding growth and value stocks by supplying a regular stream of dividends. The post 7 High-Yielding Monthly Dividend Stocks to Buy in June appeared first on Investo...

Other symbols: BBDEPRITUBOSLGSTAG
3 months ago - InvestorPlace

Wall Street giant's move to Nashville saves $80M a year — but some workers feel lost

Wall Street giant AllianceBernstein, which moved its headquarters from New York City to Nashville four years ago, is reaping massive savings from the relocation -- but some employees aren't thrilled, ac...

4 months ago - New York Post

AllianceBernstein (AB) Stock Down as April AUM Declines 6.8%

Dismal market performance and outflows lead to a decline in AllianceBernstein's (AB) April AUM balance.

4 months ago - Zacks Investment Research

AB Announces April 30, 2022 Assets Under Management

NASHVILLE, Tenn. , May 10, 2022 /PRNewswire/ -- AllianceBernstein L.P.

4 months ago - PRNewsWire

Kate Burke, Chief Operating Officer and Head of Private Wealth, to Participate in the Barclays Americas Select Franch...

NASHVILLE, Tenn. , May 3, 2022 /PRNewswire/ -- AllianceBernstein L.P.

4 months ago - PRNewsWire

AllianceBernstein Officially Unveils Corporate Headquarters in Nashville, Tenn.

Firm unveils state-of-the-art office at 501 Commerce at Fifth + Broadway NASHVILLE, Tenn. , May 3, 2022 /PRNewswire/ -- AllianceBernstein L.P.

4 months ago - PRNewsWire

ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTS

GAAP Diluted Net Income of $0.87 per Unit Adjusted Diluted Net Income of $0.90 per Unit Cash Distribution of $0.90 per Unit NASHVILLE, Tenn. , April 29, 2022 /PRNewswire/ -- AllianceBernstein L.P.

4 months ago - PRNewsWire

AB to Report First Quarter 2022 Results on April 29, 2022

NASHVILLE, Tenn., April 14, 2022 /PRNewswire/ -- AllianceBernstein L.P.

5 months ago - PRNewsWire

3 Stocks to Buy to Battle Rapidly Rising Interest Rates

Here are three top stocks to buy for investors concerned about what this rising interest rate environment could mean for their portfolio. The post 3 Stocks to Buy to Battle Rapidly Rising Interest Rates...

Other symbols: ARCCCOST
5 months ago - InvestorPlace

AB Announces March 31, 2022 Assets Under Management

NASHVILLE, Tenn. , April 11, 2022 /PRNewswire/ -- AllianceBernstein L.P.

5 months ago - PRNewsWire