Alliancebernstein Holding Lp Stock Today

AB Stock  USD 36.67  0.88  2.46%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
AllianceBernstein is trading at 36.67 as of the 28th of November 2024, a 2.46% up since the beginning of the trading day. The stock's open price was 35.79. AllianceBernstein has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Note, on March 9, 2021, Representative Nancy Pelosi of US Congress acquired $500,001 - $1,000,000 worth of AllianceBernstein's common stock.
Business Domain
Financial Services
IPO Date
14th of April 1988
Classification
Financials
AllianceBernstein Holding L.P. is publicly owned investment manager. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York. Alliancebernstein operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The company has 113.44 M outstanding shares of which 928.5 K shares are presently sold short in the market by investors with about 3.56 days to cover all shorted shares. More on AllianceBernstein Holding LP

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AllianceBernstein Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOSeth Bernstein
Thematic IdeaTrading (View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, Trading, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.160.17
Notably Down
Slightly volatile
Total Assets1.4 B2.1 B
Way Down
Slightly volatile
Total Current Assets145.4 M153 M
Notably Down
Pretty Stable
Total Cash From Operating Activities178.6 M294 M
Way Down
Slightly volatile
AllianceBernstein Holding LP (AB) is traded on New York Stock Exchange in USA. It is located in 501 Commerce Street, Nashville, TN, United States, 37203 and employs 4,707 people. AllianceBernstein is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 4.06 B. AllianceBernstein is active under Capital Markets sector as part of Financials industry. The entity has 113.44 M outstanding shares of which 928.5 K shares are presently sold short in the market by investors with about 3.56 days to cover all shorted shares. AllianceBernstein Holding LP reports about 89 K in cash with 293.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.97.
Check AllianceBernstein Probability Of Bankruptcy
Ownership Allocation
AllianceBernstein holds a total of 113.44 Million outstanding shares. Almost 73.42 percent of AllianceBernstein outstanding shares are held by general public with 1.53 (percent) owned by insiders and only 25.05 % by other corporate entities. On March 9, 2021, Representative Nancy Pelosi of US Congress acquired $500,001 - $1,000,000 worth of AllianceBernstein's common stock.
Check AllianceBernstein Ownership Details

AllianceBernstein Stock Institutional Holders

InstituionRecorded OnShares
Wells Fargo & Co2024-06-30
423.4 K
Franklin Resources Inc2024-09-30
413.2 K
Lpl Financial Corp2024-09-30
354.4 K
Callodine Capital Management, Lp2024-06-30
350 K
Manufacturers Life Insurance Co2024-09-30
330.9 K
Crestwood Advisors Llc2024-09-30
281 K
Tcg Advisory Services, Llc2024-06-30
224.9 K
Miller Howard Investments Inc2024-09-30
204 K
Advisor Group Holdings, Inc.2024-06-30
203.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
4.8 M
American Century Companies Inc2024-09-30
M
View AllianceBernstein Diagnostics

AllianceBernstein Historical Income Statement

At present, AllianceBernstein's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 1.1 B, whereas Other Operating Expenses is forecasted to decline to about 284.8 M. View More Fundamentals

AllianceBernstein Stock Against Markets

AllianceBernstein Corporate Directors

Daniel KayeIndependent Director of General PartnerProfile
Jeffrey HurdDirector of General PartnerProfile
Nicholas LaneDirector of General PartnerProfile
Charles StonehillIndependent Director of General PartnerProfile

Already Invested in AllianceBernstein Holding LP?

The danger of trading AllianceBernstein Holding LP is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AllianceBernstein is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AllianceBernstein. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AllianceBernstein is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AllianceBernstein Holding LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AllianceBernstein. If investors know AllianceBernstein will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AllianceBernstein listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.231
Dividend Share
3.27
Earnings Share
3.48
Revenue Per Share
1.178
Quarterly Revenue Growth
1.074
The market value of AllianceBernstein is measured differently than its book value, which is the value of AllianceBernstein that is recorded on the company's balance sheet. Investors also form their own opinion of AllianceBernstein's value that differs from its market value or its book value, called intrinsic value, which is AllianceBernstein's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AllianceBernstein's market value can be influenced by many factors that don't directly affect AllianceBernstein's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AllianceBernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllianceBernstein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianceBernstein's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.