AllianceBernstein L.P.(AB)

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Top Value Stocks Nearing 52-Week Highs with Stellar Dividends
ZACKS· 2024-10-16 22:35
Value investors and income seekers will want to pay attention to several stocks that are standing out among the coveted Zacks Rank #1 (Strong Buy) list.Edging toward new 52-week highs, here are three of these highly-ranked stocks that still stand out in terms of valuation while offering very generous dividends.Finance Stocks: AB & AXAHYThe financial sector has moved to new highs and two stocks mirroring this move are financial investment management firm AllianceBernstein (AB) and multi-line insurance provi ...
Grab These 5 Relative Price Strength Stocks for Strong Returns
ZACKS· 2024-10-16 20:01
The U.S. stock market continues its upward climb, with the S&P 500 recently reaching a fresh high. Inflation is steadily easing, interest rates are being cut and economic growth remains robust. The labor market shows resilience, and corporate earnings estimates are on the rise. Additionally, a dip in crude oil prices has helped fuel greater investment in equities.The Federal Reserve’s goal of achieving a soft landing seems to be materializing, and the market is reflecting that optimism.Of course, caution is ...
AllianceBernstein Holding L.P. (AB) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-10-11 14:16
Shares of AllianceBernstein (AB) have been strong performers lately, with the stock up 2.9% over the past month. The stock hit a new 52-week high of $35.83 in the previous session. AllianceBernstein has gained 13.4% since the start of the year compared to the 17.6% move for the Zacks Finance sector and the 26% return for the Zacks Financial - Investment Management industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consens ...
AB to Report Third Quarter 2024 Results on October 24, 2024
Prnewswire· 2024-10-10 18:54
Core Points - AllianceBernstein L.P. and AllianceBernstein Holding L.P. will release their Third Quarter 2024 financial and operating results on October 24, 2024, before market opening [1] - A teleconference will be held at 9:00 am (CT) to discuss the results, hosted by key executives including Seth Bernstein, Jackie Marks, Onur Erzan, and Matthew Bass [1] - The presentation for the conference call will be available on the Investor Relations website shortly after the results are released [2] - A replay of the webcast will be accessible approximately one hour after the conference call concludes on the same day [2] Company Overview - AllianceBernstein is a prominent global investment management firm providing diversified investment services to institutional investors, individuals, and private wealth clients [3] - As of September 30, 2024, AllianceBernstein Holding owned approximately 39.3% of AllianceBernstein, while Equitable Holdings, Inc. owned about 61.6% economic interest in the firm [3]
Is AllianceBernstein (AB) Stock Undervalued Right Now?
ZACKS· 2024-10-07 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover AllianceBernstein (AB)
ZACKS· 2024-10-04 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
AllianceBernstein announces the launch of interval fund AB CarVal Credit Opportunities Fund
Prnewswire· 2024-09-17 11:30
NASHVILLE, Tenn., Sept. 17, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment management firm, today announced the launch of the AB CarVal Credit Opportunities Fund (ABAYX), an unlisted, closed-end interval fund.The Credit Opportunities Fund seeks to outperform high-yield bonds over time with less volatility and lower correlation to public markets. AB CarVal Principal John Withrow and AB CarVal Managing Director Roger Newkirk will oversee day to day investment decisi ...
AllianceBernstein (AB) Upgraded to Buy: Here's Why
ZACKS· 2024-09-16 17:00
Investors might want to bet on AllianceBernstein (AB) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual i ...
AllianceBernstein's August AUM Rises on Market Appreciation
ZACKS· 2024-09-16 13:11
AllianceBernstein Holding L.P. (AB) has announced assets under management (AUM) for August 2024. The company’s preliminary month-end AUM of $791 billion reflects a 1.8% increase from the end of July 2024.The rise was primarily driven by market appreciation. This was partly offset by net outflows in the Institutions channel.At the end of August, AllianceBernstein’s Equity AUM rose 1.5% sequentially to $336 billion. Alternatives/Multi-Asset Solutions AUM (including certain multi-asset services and solutions) ...
AB Announces August 31, 2024 Assets Under Management
Prnewswire· 2024-09-12 20:05
NASHVILLE, Tenn., Sept. 12, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management increased to $791 billion during August 2024 from $777 billion at the end of July. The 2% increase was driven by market appreciation, partially offset by net outflows. By channel, Institutional net outflows outweighed Retail net inflows, while Private Wealth net flows were flattish. AllianceBernstein L.P. (The O ...