AllianceBernstein Holding L.P. (AB)
| Market Cap | 3.47B |
| Revenue (ttm) | 283.15M |
| Net Income (ttm) | 248.77M |
| Shares Out | 111.70M |
| EPS (ttm) | 2.20 |
| PE Ratio | 14.10 |
| Forward PE | 11.59 |
| Dividend | $2.60 (8.38%) |
| Ex-Dividend Date | Nov 3, 2023 |
| Volume | 494,888 |
| Open | 31.13 |
| Previous Close | 31.37 |
| Day's Range | 30.77 - 31.51 |
| 52-Week Range | 25.83 - 42.00 |
| Beta | 1.27 |
| Analysts | Strong Buy |
| Price Target | 41.94 (+35.16%) |
| Earnings Date | Feb 7, 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 2022, AB's revenue was $305.50 million, a decrease of -26.62% compared to the previous year's $416.33 million. Earnings were $274.17 million, a decrease of -28.94%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AB stock is "Strong Buy." The 12-month stock price forecast is $41.94, which is an increase of 35.16% from the latest price.
News
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...
AB Announces August 31, 2023 Assets Under Management
NASHVILLE, Tenn. , Sept. 12, 2023 /PRNewswire/ -- AllianceBernstein L.P.
Profit Potential: 5 Undervalued Stocks With High Dividend Yields
In some cases, it's even possible to offset losses elsewhere with dividends: A perfect example is the Utilities Select Sector SPDR Fund NYSEARCA: XLU, whose price actually declined in 2022, but a heal...
AB Announces July 31, 2023 Assets Under Management
NASHVILLE, Tenn. , Aug. 10, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AB CarVal announces final close of CVI Clean Energy Fund II
The firm's second clean energy fund closed with $1.5 billion in capital commitments to the strategy NASHVILLE, Tenn. and MINNEAPOLIS , Aug. 2, 2023 /PRNewswire/ -- AB CarVal, part of leading global in...
ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES SECOND QUARTER RESULTS
GAAP Diluted Net Income of $0.53 per Unit Adjusted Diluted Net Income of $0.61 per Unit Cash Distribution of $0.61 per Unit NASHVILLE, Tenn. , July 27, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AB to Report Second Quarter 2023 Results on July 27, 2023
NASHVILLE, Tenn. , July 13, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AB Announces June 30, 2023 Assets Under Management
NASHVILLE, Tenn. , July 12, 2023 /PRNewswire/ -- AllianceBernstein L.P.
Bernstein Private Wealth Management Launches Bernstein Philanthropic Impact Fund in Partnership with National Philanthropic Trust
NEW YORK , June 21, 2023 /PRNewswire/ -- Bernstein Private Wealth Management ( Bernstein), a unit of AllianceBernstein L.P. (NYSE: AB), today announced the introduction of a private label donor-advise...
AB Announces May 31, 2023 Assets Under Management
NASHVILLE, Tenn. , June 12, 2023 /PRNewswire/ -- AllianceBernstein L.P.
AllianceBernstein Launches AB High Yield ETF (HYFI) on NYSE Arca
NASHVILLE, Tenn. , May 15, 2023 /PRNewswire/ -- AllianceBernstein Holding L.P.
AB Announces April 30, 2023 Assets Under Management
NASHVILLE, Tenn. , May 9, 2023 /PRNewswire/ -- AllianceBernstein L.P.
JPMorgan Chase to Present at the Alliance Bernstein Strategic Decisions Conference
NEW YORK--(BUSINESS WIRE)--Daniel Pinto, President and Chief Operating Officer of JPMorgan Chase & Co. and CEO of Corporate & Investment Bank, J.P. Morgan, will present at the Alliance Bernstein Strat...
ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTS
GAAP Diluted Net Income of $0.59 per Unit Adjusted Diluted Net Income of $0.66 per Unit Cash Distribution of $0.66 per Unit NASHVILLE, Tenn. , April 26, 2023 /PRNewswire/ -- AllianceBernstein L.P.
Seth Bernstein, President and CEO, to Participate in the Equitable Investor Day, on May 10th, 2023
NASHVILLE, Tenn. , April 25, 2023 /PRNewswire/ -- AllianceBernstein L.P.