AllianceBernstein
About: AllianceBernstein provides investment management services to institutional (42% of assets under management), retail (41%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2024, AB had $793 billion in managed assets, composed primarily of fixed-income (37% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.
Employees: 4,707
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
258% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $4.7M
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
22% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 65
3% more funds holding
Funds holding: 247 [Q2] → 255 (+8) [Q3]
3% less capital invested
Capital invested by funds: $817M [Q2] → $795M (-$22.1M) [Q3]
1.45% less ownership
Funds ownership: 20.98% [Q2] → 19.53% (-1.45%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target | 3%downside $36 | Equal-Weight Maintained | 9 Dec 2024 |
TD Cowen Bill Katz 84% 1-year accuracy 32 / 38 met price target | 13%upside $42 | Buy Maintained | 25 Nov 2024 |
Evercore ISI Group John Dunn 73% 1-year accuracy 11 / 15 met price target | 21%upside $45 | Outperform Maintained | 7 Nov 2024 |
Goldman Sachs Alexander Blostein 73% 1-year accuracy 32 / 44 met price target | 10%upside $41 | Buy Maintained | 3 Oct 2024 |
Financial journalist opinion
Based on 4 articles about AB published over the past 30 days
