Is there a Bearish outlook for AllianceBernstein Holding L.P. (NYSE:AB) this week?

September 16, 2018 - By Megan Stone

AllianceBernstein Holding L.P. (NYSE:AB) LogoInvestors sentiment increased to 1.28 in 2018 Q2. Its up 0.35, from 0.93 in 2018Q1. It is positive, as 14 investors sold AllianceBernstein Holding L.P. shares while 32 reduced holdings. 24 funds opened positions while 35 raised stakes. 18.58 million shares or 10.16% less from 20.68 million shares in 2018Q1 were reported.
The New York-based Gabelli Funds Ltd Liability Company has invested 0.04% in AllianceBernstein Holding L.P. (NYSE:AB). Northwestern Mutual Wealth Management, a Wisconsin-based fund reported 2,095 shares. Greenwich Mngmt holds 1.34% or 45,455 shares in its portfolio. Old Second Bancorporation Of Aurora reported 0.02% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB). Moreover, Raymond James Services Advsr Incorporated has 0.01% invested in AllianceBernstein Holding L.P. (NYSE:AB). Hilton Limited holds 0% in AllianceBernstein Holding L.P. (NYSE:AB) or 250 shares. Captrust Fincl Advisors holds 800 shares or 0% of its portfolio. Utd Cap Advisers Ltd Liability Com reported 0.04% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB). Ameriprise Fincl accumulated 76,552 shares. Synovus Financial Corporation accumulated 0% or 3,729 shares. Fifth Third National Bank & Trust accumulated 1,000 shares. Sadoff Investment Management Limited Liability reported 0.59% in AllianceBernstein Holding L.P. (NYSE:AB). Aviance Cap Llc holds 0.29% in AllianceBernstein Holding L.P. (NYSE:AB) or 35,481 shares. Sageworth Communications has 1,000 shares for 0% of their portfolio. 4,225 are held by Washington Tru.

AllianceBernstein Holding L.P. (NYSE:AB) Ratings Coverage

Among 2 analysts covering AllianceBernstein (NYSE:AB), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. AllianceBernstein has $34 highest and $2700 lowest target. $30.50’s average target is -1.45% below currents $30.95 stock price. AllianceBernstein had 2 analyst reports since April 11, 2018 according to SRatingsIntel. The company was maintained on Wednesday, April 11 by Jefferies. Citigroup maintained AllianceBernstein Holding L.P. (NYSE:AB) rating on Monday, July 30. Citigroup has “Buy” rating and $34 target. Below is a list of AllianceBernstein Holding L.P. (NYSE:AB) latest ratings and price target changes.

30/07/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $31 New Target: $34 Maintain
11/04/2018 Broker: Jefferies Rating: Hold New Target: $27.0000 Maintain

The stock increased 1.64% or $0.5 during the last trading session, reaching $30.95. About 492,285 shares traded or 78.77% up from the average. AllianceBernstein Holding L.P. (NYSE:AB) has risen 28.48% since September 16, 2017 and is uptrending. It has outperformed by 12.86% the S&P500.

AllianceBernstein Holding L.P. is publicly owned investment manager. The company has market cap of $3.03 billion. The firm also provides research services to its clients. It has a 12.41 P/E ratio. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, firms, and other business entities.

More news for AllianceBernstein Holding L.P. (NYSE:AB) were recently published by: Bizjournals.com, which released: “Exclusive: WeWork is on the hunt for another Nashville location” on September 14, 2018. Bizjournals.com‘s article titled: “Drivers reclaim stretch of Broadway next to $430M development, Bridgestone Arena” and published on September 13, 2018 is yet another important article.

AllianceBernstein Holding L.P. (NYSE:AB) Ratings Chart

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