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
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
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]
1% less capital invested
Capital invested by funds: $891M [Q2] → $881M (-$10.4M) [Q3]
1.21% less ownership
Funds ownership: 22.88% [Q2] → 21.67% (-1.21%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Benjamin Budish 77% 1-year accuracy 88 / 115 met price target | 6%downside $36 | Equal-Weight Maintained | 9 Dec 2024 |
TD Cowen Bill Katz 88% 1-year accuracy 30 / 34 met price target | 10%upside $42 | Buy Maintained | 25 Nov 2024 |
Evercore ISI Group John Dunn 63% 1-year accuracy 10 / 16 met price target | 17%upside $45 | Outperform Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AB published over the past 30 days
