Affiliated Managers Group, Inc. (NYSE:AMG)
December 6th, 2018
Affiliated Managers Group, Inc. rose $1.41 Thursday, a 1.34% increase, closing at $106.56. Despite ending the day higher, Affiliated Managers Group, Inc. hit a new 52 week low of $101.34.
AMG outperformed the rest of the Financials sector which went down 1.44% today.
Affiliated Managers Group, Inc. is listed on the S&P 500 index, and was one of 216 stocks that increased today. Weighted by market cap, AMG represents about 0.02% of the S&P 500.
Expectations from 8 analysts points to the possibility that Affiliated Managers Group, Inc. might rise significantly (42%), while Finbox has calculated (with high uncertainty) a fair value price of $130.98.
The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.67%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.
Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials experienced turn arounds from their five day positive performance, Energy with a drop of 1.77%.
- Real Estate went up with a 2.67% change.
- Communication Services went up with a 1.04% change.
- Consumer Discretionary went up with a 0.61% change.
- Information Technology went up with a 0.23% change.
- Utilities went down with a -0.09% change.
- Consumer Staples went down with a -0.10% change.
- Healthcare went down with a -0.31% change.
- Industrials went down with a -0.55% change.
- Materials went down with a -1.38% change.
- Financials went down with a -1.44% change.
- Energy went down with a -1.77% change.
Affiliated Managers Group, Inc. Info
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.
All amounts in USD unless otherwise indicated
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