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Last $209.25 USD
Change Today -1.16 / -0.55%
Volume 577.5K
AMG On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

affiliated managers group (AMG) Snapshot

Open
$209.24
Previous Close
$210.41
Day High
$209.92
Day Low
$207.24
52 Week High
04/29/15 - $230.63
52 Week Low
10/15/14 - $174.43
Market Cap
11.5B
Average Volume 10 Days
363.3K
EPS TTM
$9.38
Shares Outstanding
54.7M
EX-Date
--
P/E TM
22.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for AFFILIATED MANAGERS GROUP (AMG)

affiliated managers group (AMG) Related Businessweek News

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affiliated managers group (AMG) Details

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. 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. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. The company was formed as a corporation under the laws of Delaware in 1993. Affiliated Managers Group is based in Prides Crossing, Massachusetts.

2,900 Employees
Last Reported Date: 02/23/15
Founded in 1993

affiliated managers group (AMG) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $750.0K
President and Chief Operating Officer
Total Annual Compensation: $500.0K
Chief Financial Officer and Treasurer
Total Annual Compensation: $500.0K
Executive Vice President and Head of Global D...
Total Annual Compensation: $407.0K
Vice Chairman
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

affiliated managers group (AMG) Key Developments

Affiliated Managers Group Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Affiliated Managers Group Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company’s revenue was $646.6 million against $636.3 million a year ago. Operating income was $195.2 million against $198.2 million a year ago. Income before income taxes was $262.0 million against $239.1 million a year ago. Net income was $189.9 million or $2.31 per diluted share against $178 million or $1.75 per diluted share a year ago. Net income (controlling interest) was $128.7 million against $99.1 million a year ago. Income before taxes (controlling interest) was $197.9 million against $156.8 million a year ago. Effective tax rate was 35.0% compared to 36.8% a year ago. EBITDA (controlling interest) was $239.2 million against $211.9 million a year ago. Net client cash flows for the second quarter of 2015 were $4.1 billion. AMG generated strong results for the second quarter, reporting Economic earnings per share of $3.08, a 16% increase over the second quarter of 2014. The company generated strong organic growth from positive client cash flows for 21 consecutive quarters — including over $4 billion in net inflows during the second quarter. For the six months, revenue was $1,281.6 million against $1,229.4 million a year ago. Operating income was $426.7 million against $392.4 million a year ago. Income before income taxes was $552.3 million against $447.4 million a year ago. Net income was $410.6 million or $4.58 per diluted share against $337.4 million or $3.15 per diluted share a year ago. Net income (controlling interest) was $256.7 million against $176.2 million a year ago. Income before taxes (controlling interest) was $392.1 million against $279.5 million a year ago. Effective tax rate was 34.5% compared to 37% a year ago. EBITDA (controlling interest) was $460.1 million against $403.8 million a year ago.

Affiliated Managers Group Inc. to Report Q2, 2015 Results on Jul 28, 2015

Affiliated Managers Group Inc. announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Jul 28, 2015

Affiliated Managers Group Inc., Q2 2015 Earnings Call, Jul 28, 2015

Affiliated Managers Group Inc., Q2 2015 Earnings Call, Jul 28, 2015

 

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Industry Analysis

AMG

Industry Average

Valuation AMG Industry Range
Price/Earnings 21.4x
Price/Sales 4.4x
Price/Book 4.3x
Price/Cash Flow 16.9x
TEV/Sales 2.7x
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