4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

Company reports EPS of $3.78, Economic EPS of $4.82 in the third quarter of 2024 Net income (controlling interest) of $124 million, Economic Net Income (controlling interest) of $153 millionEconomic Earnings per share of $4.82 for the quarter, increased 18% year-over-yearRepurchased $103 million in common stock, bringing year-to-date share repurchases to $580 million WEST PALM BEACH, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today reported its financial and operating results for the third quarter and nine months ended September 30, 2024. Jay C. Horgen, President and Chief Executive Officer of AMG, said:"

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE:AMG) will report financial and operating results for the third quarter ended September 30, 2024 on Monday, November 4, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day.     In addition to quarterly results, the conference call may include discussion of management's expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, Thomas M. Wojcik, Chief Operating Officer, and Dava E. Ritchea, Chief Financial Officer, will host the session. Parties interested in listening to the conference call sh

Company reports EPS of $2.26, Economic EPS of $4.67 in the second quarter of 2024 Net income (controlling interest) of $226 million, Economic Net Income (controlling interest) of $343 million in the first half of the yearEconomic Earnings per share of $10.06 in the first half of the year, increased 17% year-over-yearPositive net client cash flows in the second quarter, driven by continued strength in private markets fundraisingRepurchased $327 million in common stock, bringing total share repurchases to $477 million in the first half of the year WEST PALM BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, t

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE:AMG) will report financial and operating results for the second quarter ended June 30, 2024 on Monday, July 29, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day.        In addition to quarterly results, the conference call may include discussion of management's expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, Thomas M. Wojcik, Chief Operating Officer, and Dava E. Ritchea, Chief Financial Officer, will host the session. Parties interested in listening to the conference call should

The Strategy has outperformed its Benchmark by more than 425 basis points annually over the past decade The Fund is recognized by Morningstar with a 5-Star Overall Rating and as a Silver Medalist in the Global Real Estate Category Third Avenue Management LLC ("the Firm" or "Third Avenue"), a United States-based investment adviser and leading value investing firm, is pleased to announce that the Third Avenue International Real Estate Value Fund ((", the Fund", , NASDAQ:REIFX) recently celebrated its 10-year anniversary. Since making its first investments, the Fund has generated annualized returns exceeding its Benchmark1 by more than 425 basis points per year2. Alongside these results,

WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital ("Suma"). Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe. Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million in assets under management primarily across infrastructure and growth strategies. The partnership marks AMG's ninth private markets Affiliate, further evolving AMG's business toward

Company reports EPS of $4.14, Economic EPS of $5.37 in first quarter Net Income (controlling interest) of $150 million, Economic Net Income (controlling interest) of $187 millionEconomic Earnings per share increased 28% year-over-year, reflecting strong business momentum and the positive impact of our capital allocation strategyIssued $450 million of 40-year junior hybrid debt and repurchased approximately $150 million in common stock WEST PALM BEACH, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today reported its financial and operating results for the first quarter of 2024. Jay C. Horgen, President and Chief Executi

WEST PALM BEACH, Fla., April 29, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE:AMG) will report financial and operating results for the first quarter ended March 31, 2024 on Monday, May 6, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day. In addition to quarterly results, the conference call may include discussion of management's expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, Thomas M. Wojcik, Chief Operating Officer, and Dava E. Ritchea, Chief Financial Officer, will host the session. Parties interested in listening to the conference call should dial 1-877-407-8291 (U.S. calls) or 1-201-689-8345 (non-U.S.

The 2024 Award Recognizes the Fund for Consistently Strong Risk-Adjusted Performance Relative to its Peers in the U.K., France, Switzerland, and Europe Region The Awards Mark the Team's Sixth Year Receiving a Lipper Award in the Global Real Estate Category Third Avenue Management LLC ("the Firm" or "Third Avenue") announced today that the Third Avenue Real Estate Value UCITS Class A1 Shares¹ ("the Real Estate Value Fund") was named the Best Global Real Estate Fund Over Three Years at the 2024 LSEG Lipper Funds Awards in Europe, the U.K., Switzerland, and France. The Lipper Fund Awards have been synonymous with strong risk-adjusted performance for more than three decades, and these awa

WEST PALM BEACH, Fla., March 25, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointments of Thomas M. Wojcik as Chief Operating Officer and Dava E. Ritchea as Chief Financial Officer, effective April 1, 2024. Mr. Wojcik will oversee the Company's capital formation capabilities, and Ms. Ritchea will oversee AMG's finance, accounting, and capital management functions. Both will report to Jay C. Horgen, President and Chief Executive Officer of AMG. Ms. Ritchea joins AMG from Sculptor Capital Management Inc., which was publicly listed until its acquisition by Rithm Capital Corporation; she served as Sculptor's CFO s

WEST PALM BEACH, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment firms globally, today announced the appointment of independent Board member Reuben Jeffery III as Chair, effective January 26, 2024. Most recent Board Chair Dwight D. Churchill will continue to serve on AMG's Board of Directors, including as Chair of its Nominating and Governance Committee. Mr. Jeffery has served as a Director of the Company since April 2020. He served as President and Chief Executive Officer and member of the board of Rockefeller & Co. from 2010 to 2018; previously, Mr. Jeffery served seven years in the U.S. government in a variety of positions, including as Under Se

WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointment of Loren M. Starr to its Board of Directors, effective immediately. Mr. Starr retired from Invesco Ltd. in March 2021, having served as Chief Financial Officer of the company for 15 years, from 2005 to 2020, after which he held an executive advisory role as Invesco's Vice Chair until his retirement. Prior to joining Invesco in 2005, Mr. Starr served as the Chief Financial Officer of Janus Capital Group Inc. from 2001 to 2005, and held senior corporate finance roles with Putnam Investments, Lehman Brothers Inc., and Morgan Sta

WEST PALM BEACH, Fla., July 21, 2021 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE:AMG), a leading partner to independent active investment management firms, today announced the appointment of David C. Ryan to its Board of Directors, effective immediately. Mr. Ryan is a corporate advisor to Singapore-based Temasek Holdings, and serves on the boards of directors of ADT Inc.; Mapletree Investments Pte Ltd., a Singapore-based real estate development, investment, capital and property management company; and Tiga Acquisition Corp., a Singapore-based special purpose acquisition company. Mr. Ryan's 22-year career at Goldman Sachs & Co., where he was a partner, spanned a variety of ro

WEST PALM BEACH, Fla., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, today announced the appointment of Félix V. Matos Rodríguez to its Board of Directors, effective immediately. As Chancellor of City University of New York, Dr. Matos Rodríguez leads the nation’s largest urban university, which has 25 campuses across New York City’s five boroughs and a student body of 275,000. Recognized as an innovative leader within academia and the public sector, Dr. Matos Rodríguez has served as a teacher, administrator, and former Cabinet secretary for the Commonwealth of Puerto Rico. Prior to his appointment as Chancellor, Dr. Matos

During the last three months, 4 analysts shared their evaluations of Affiliated Managers Group (NYSE:AMG), revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $194.75, a high estimate of $201.00, and a low estimate of $190.00. Highlighting a 2.14% decrease, the cur

Barrington Research analyst Alexander Paris maintains Affiliated Managers Group (NYSE:AMG) with a Outperform and maintains $190 price target.

TD Cowen analyst Bill Kirk maintains Affiliated Managers Group (NYSE:AMG) with a Buy and raises the price target from $198 to $201.

Affiliated Managers Group's (NYSE:AMG) short percent of float has fallen 6.27% since its last report. The company recently reported that it has 618 thousand shares sold short, which is 2.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.61 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Sho

AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital ("Suma"). Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe. Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million in assets under management primarily across infrastructure and growth strategies. The partnership marks AMG's ninth private markets Affiliate, further evolving AMG's business toward secular growth areas.The terms of the transaction were not disc

TD Cowen analyst Bill Kirk maintains Affiliated Managers Group (NYSE:AMG) with a Buy and lowers the price target from $218 to $198.

Barrington Research analyst Alexander Paris maintains Affiliated Managers Group (NYSE:AMG) with a Outperform and maintains $190 price target.

Affiliated Managers Group (NYSE:AMG) reported quarterly earnings of $5.37 per share which beat the analyst consensus estimate of $5.23 by 2.68 percent. This is a 28.47 percent increase over earnings of $4.18 per share from the same period last year. The company reported quarterly sales of $499.900 million which missed the analyst consensus estimate of $526.531 million by 5.06 percent. This is a 3.38 percent decrease over sales of $517.400 million the same period last year.

Barrington Research analyst Alexander Paris maintains Affiliated Managers Group (NYSE:AMG) with a Outperform and raises the price target from $175 to $190.

Affiliated Managers Group's (NYSE:AMG) short percent of float has risen 53.49% since its last report. The company recently reported that it has 560 thousand shares sold short, which is 1.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.95 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Sho

TD Cowen downgraded Affiliated Managers from Buy to Hold and set a new price target of $177.00 from $226.00 previously

TD Cowen initiated coverage of Affiliated Managers with a rating of Outperform and set a new price target of $185.00

Jefferies upgraded Affiliated Managers from Hold to Buy and set a new price target of $192.00 from $149.00 previously

Goldman resumed coverage of Affiliated Managers with a rating of Buy and set a new price target of $182.00

Credit Suisse initiated coverage of Affiliated Managers with a rating of Outperform and set a new price target of $140.00

Deutsche Bank reiterated coverage of Affiliated Managers Group with a rating of Buy and set a new price target of $183.00 from $190.00 previously

Deutsche Bank reiterated coverage of Affiliated Managers Group with a rating of Buy and set a new price target of $190.00 from $211.00 previously

BofA Securities initiated coverage of Affiliated Managers with a rating of Neutral and set a new price target of $186.00

Deutsche Bank reiterated coverage of Affiliated Managers Group with a rating of Buy and set a new price target of $219.00 from $212.00 previously

Deutsche Bank upgraded Affiliated Managers from Hold to Buy and set a new price target of $202.00 from $167.00 previously