Schroder Investment Management Group Makes New Investment in Affiliated Managers Group, Inc. (NYSE:AMG)

Schroder Investment Management Group acquired a new stake in Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 24,989 shares of the asset manager's stock, valued at approximately $4,629,000. Schroder Investment Management Group owned about 0.08% of Affiliated Managers Group at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AMG. Jones Financial Companies Lllp lifted its holdings in Affiliated Managers Group by 79.5% during the 4th quarter. Jones Financial Companies Lllp now owns 140 shares of the asset manager's stock valued at $26,000 after purchasing an additional 62 shares during the last quarter. Private Trust Co. NA increased its position in shares of Affiliated Managers Group by 131.9% in the fourth quarter. Private Trust Co. NA now owns 218 shares of the asset manager's stock worth $40,000 after purchasing an additional 124 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Affiliated Managers Group in the third quarter valued at about $46,000. UMB Bank n.a. grew its position in Affiliated Managers Group by 37.1% in the fourth quarter. UMB Bank n.a. now owns 255 shares of the asset manager's stock valued at $47,000 after acquiring an additional 69 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Affiliated Managers Group during the fourth quarter valued at about $70,000. Institutional investors and hedge funds own 95.30% of the company's stock.

Affiliated Managers Group Price Performance

AMG traded down $7.32 during trading on Thursday, reaching $152.52. 58,975 shares of the company were exchanged, compared to its average volume of 237,196. The company's 50-day moving average is $166.52 and its two-hundred day moving average is $179.09. The company has a market cap of $4.46 billion, a price-to-earnings ratio of 10.11, a P/E/G ratio of 0.57 and a beta of 1.09. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.61. Affiliated Managers Group, Inc. has a 12-month low of $139.22 and a 12-month high of $199.52.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last announced its earnings results on Thursday, February 6th. The asset manager reported $6.53 earnings per share for the quarter, topping analysts' consensus estimates of $6.03 by $0.50. Affiliated Managers Group had a return on equity of 16.17% and a net margin of 25.06%. Research analysts forecast that Affiliated Managers Group, Inc. will post 22.86 earnings per share for the current fiscal year.

Affiliated Managers Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Tuesday, February 18th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.04 annualized dividend and a yield of 0.03%. Affiliated Managers Group's payout ratio is 0.26%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AMG shares. Barrington Research dropped their price target on Affiliated Managers Group from $215.00 to $200.00 and set an "outperform" rating on the stock in a research note on Tuesday. Bank of America decreased their price objective on Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. TD Cowen decreased their price objective on Affiliated Managers Group from $187.00 to $168.00 and set a "hold" rating for the company in a report on Wednesday. The Goldman Sachs Group downgraded Affiliated Managers Group from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $193.00 to $191.00 in a report on Monday, January 6th. Finally, StockNews.com upgraded Affiliated Managers Group from a "hold" rating to a "buy" rating in a report on Friday, February 7th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $192.40.

About Affiliated Managers Group

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.