Were Analysts Bullish Affiliated Managers Group, Inc. (NYSE:AMG) This Week?

September 16, 2018 - By Richard Slagle

Affiliated Managers Group, Inc. (NYSE:AMG) LogoInvestors sentiment increased to 0.91 in Q2 2018. Its up 0.12, from 0.79 in 2018Q1. It increased, as 55 investors sold Affiliated Managers Group, Inc. shares while 142 reduced holdings. 55 funds opened positions while 125 raised stakes. 47.51 million shares or 3.55% less from 49.26 million shares in 2018Q1 were reported.
Envestnet Asset invested in 0% or 3,634 shares. Moreover, Paradigm Asset Mngmt Limited Liability Company has 0% invested in Affiliated Managers Group, Inc. (NYSE:AMG). Tompkins Financial reported 1,350 shares. The New York-based Maltese Mngmt Limited Liability has invested 0.71% in Affiliated Managers Group, Inc. (NYSE:AMG). 7,672 are held by Cibc World. Comm Bank has 3,102 shares. Mutual Of America Management Ltd Liability accumulated 0.02% or 6,980 shares. Td Asset Mngmt reported 22,961 shares or 0.01% of all its holdings. Norinchukin Bank The holds 0.01% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG) for 3,382 shares. Axa invested in 0.01% or 16,827 shares. Bridgewater Associates Lp invested in 10,986 shares or 0.02% of the stock. Fjarde Ap invested in 0.04% or 17,172 shares. Cubist Systematic Strategies Lc holds 0.07% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG) for 9,674 shares. Chesley Taft Ltd Liability Com reported 2,735 shares. Daiwa Securities owns 0% invested in Affiliated Managers Group, Inc. (NYSE:AMG) for 1,820 shares.

Since June 6, 2018, it had 0 insider buys, and 1 sale for $329,401 activity.

Affiliated Managers Group, Inc. (NYSE:AMG) Ratings Coverage

Among 8 analysts covering Affiliated Managers Group (NYSE:AMG), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Affiliated Managers Group has $22600 highest and $191 lowest target. $207.86’s average target is 45.40% above currents $142.96 stock price. Affiliated Managers Group had 13 analyst reports since April 6, 2018 according to SRatingsIntel. The stock of Affiliated Managers Group, Inc. (NYSE:AMG) has “Outperform” rating given on Monday, July 16 by Barrington Research. The stock of Affiliated Managers Group, Inc. (NYSE:AMG) has “Buy” rating given on Thursday, April 5 by Barrington. Keefe Bruyette & Woods downgraded Affiliated Managers Group, Inc. (NYSE:AMG) rating on Tuesday, April 10. Keefe Bruyette & Woods has “Hold” rating and $20600 target. The rating was maintained by Credit Suisse with “Neutral” on Tuesday, May 1. Citigroup maintained it with “Buy” rating and $200 target in Tuesday, July 31 report. Jefferies maintained the shares of AMG in report on Wednesday, April 11 with “Buy” rating. Citigroup maintained the shares of AMG in report on Tuesday, May 1 with “Buy” rating. The rating was maintained by Deutsche Bank on Thursday, August 16 with “Buy”. As per Tuesday, July 31, the company rating was upgraded by Wood. The stock of Affiliated Managers Group, Inc. (NYSE:AMG) has “Market Perform” rating given on Wednesday, April 11 by Wood. Below is a list of Affiliated Managers Group, Inc. (NYSE:AMG) latest ratings and price target changes.

16/08/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $195 New Target: $191 Maintain
31/07/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $207 New Target: $202 Maintain
31/07/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $180 New Target: $200 Maintain
31/07/2018 Broker: Wood Old Rating: Market Perform New Rating: Outperform Upgrade
16/07/2018 Broker: Barrington Research Old Rating: Outperform New Rating: Outperform Old Target: $220 New Target: $200 Maintain
30/04/2018 Broker: Barrington Rating: Buy New Target: $220.0000 Maintain
01/05/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $215 New Target: $200 Maintain
01/05/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $217 New Target: $212 Maintain
11/04/2018 Broker: Jefferies Rating: Buy New Target: $226.0000 Maintain
10/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $206.0000 Downgrade

The stock increased 1.61% or $2.26 during the last trading session, reaching $142.96. About 312,601 shares traded. Affiliated Managers Group, Inc. (NYSE:AMG) has declined 20.51% since September 16, 2017 and is downtrending. It has underperformed by 36.13% the S&P500.

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management firm providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. The company has market cap of $7.64 billion. It provides advisory or subadvisory services to mutual funds. It has a 11.29 P/E ratio. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments.

Affiliated Managers Group, Inc. (NYSE:AMG) Institutional Positions Chart

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