AllianceBernstein Holding L.P. (AB)
| Market Cap | 3.80B |
| Revenue (ttm) | 309.68M |
| Net Income (ttm) | 273.97M |
| Shares Out | 115.06M |
| EPS (ttm) | 2.41 |
| PE Ratio | 13.70 |
| Forward PE | 10.04 |
| Dividend | $2.92 (8.85%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 189,599 |
| Open | 32.36 |
| Previous Close | 32.34 |
| Day's Range | 32.26 - 33.07 |
| 52-Week Range | 25.83 - 35.84 |
| Beta | 1.28 |
| Analysts | Strong Buy |
| Price Target | 41.19 (+24.78%) |
| Earnings Date | Apr 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 24.78% from the latest price.
News
AB Announces April 30, 2024 Assets Under Management
NASHVILLE, Tenn. , May 9, 2024 /PRNewswire/ -- AllianceBernstein L.P.
AllianceBernstein Expands Retirement Income Offerings with AB Secure Income Portfolio
NASHVILLE, Tenn. , May 9, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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.
AB to Report First Quarter 2024 Results on April 25, 2024
NASHVILLE, Tenn. , April 11, 2024 /PRNewswire/ -- AllianceBernstein L.P.
AB Announces March 31, 2024 Assets Under Management
NASHVILLE, Tenn. , April 9, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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...
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 ...
AB Announces February 29, 2024 Assets Under Management
NASHVILLE, Tenn. , March 11, 2024 /PRNewswire/ -- AllianceBernstein L.P.
AB Announces January 31, 2024 Assets Under Management
NASHVILLE, Tenn. , Feb. 12, 2024 /PRNewswire/ -- AllianceBernstein L.P.
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.
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.
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.
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...
AB to Report Fourth Quarter 2023 Results on February 6, 2024
NASHVILLE, Tenn., Jan. 24, 2024 /PRNewswire/ -- AllianceBernstein L.P.
AB Announces December 31, 2023 Assets Under Management
NASHVILLE, Tenn. , Jan. 10, 2024 /PRNewswire/ -- AllianceBernstein L.P.
AB Announces November 30, 2023 Assets Under Management
NASHVILLE, Tenn. , Dec. 11, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AllianceBernstein Announces Launch of NAV Lending Strategy
NASHVILLE, Tenn. , Dec. 5, 2023 /PRNewswire/ -- AllianceBernstein L.P.
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.
AB Announces October 31, 2023 Assets Under Management
NASHVILLE, Tenn. , Nov. 9, 2023 /PRNewswire/ -- AllianceBernstein L.P.
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.
AB to Report Third Quarter 2023 Results on October 26, 2023
NASHVILLE, Tenn. , Oct. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AB Announces September 30, 2023 Assets Under Management
NASHVILLE, Tenn. , Oct. 10, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AllianceBernstein Launches AB US Large Cap Strategic Equities ETF (LRGC) on NYSE Arca
NASHVILLE, Tenn., Sept. 20, 2023 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced today the lau...
AllianceBernstein Favors China A-Shares
John Lin, chief investment officer of China equities at AllianceBernstein, discusses the government's efforts to support the economy, the outlook for Chinese stocks and the opportunities he sees. He s...