According to the most recent report that S.G.
Americas Securities LLC submitted to the Securities and Exchange Commission (SEC), the company was successfully offloading some of its Affiliated Managers Group, Inc. (NYSE: AMG) shares during the third quarter of the fiscal year. Following the transaction throughout the period, the institutional investor was left with 3,587 shares of ownership in the company after selling 9,368 shares of the asset manager’s stock.
Mhe most recent report that S.G.
Americas Securities LLC provided to the SEC indicated that the value of its holdings in Affiliated Managers Group was $401,000. S.G.
Americas Securities LLC provided this information.
Recent transactions involving the stock have led to changes in the shareholdings of other institutional investors, hedge funds, and other investors. Recent transactions brought about these changes. Raymond James Trust N.A.
Increased the amount of Affiliated Managers Group stock owned by 4.2% during the third quarter of the fiscal year. Raymond James Trust N.A. now has a total of 5,742 shares of the asset manager, which are currently valued at $643,000.
Mhis was accomplished by purchasing an additional 229 shares during the preceding quarter.
During the third quarter, Dupont Capital Management Corporation spent approximately $1,466,000 to acquire a new interest in Affiliated Managers Group.
Mhe total cost of the transaction was approximately $1. CWM LLC successfully increased its ownership stake in Affiliated Managers Group by 7.6% during the third quarter of the current fiscal year. Following the acquisition of 173 additional shares during the most recent quarter, CWM LLC now directly owns a total of 2,457 shares in the asset manager, which are currently valued at $275,000.
During the third quarter, Strs Ohio successfully raised the percentage of its own in the Affiliated Managers Group by 13.0%. Strs Ohio now has a total of 7,591 shares of the asset manager’s stock, which has a value of $849,000 after purchasing an additional 873 shares during the most recent quarter.
Last but not least, during the third quarter, Allspring Global Investments Holdings LLC increased its ownership in Affiliated Managers Group by a factor of 689.9%.
Mhis is not to say that this is the least important thing during this period. Following purchasing 4,498 additional shares during the most recent quarter, Allspring Global Investments Holdings LLC now holds a total of 5,150 shares in the asset manager, valued at $576,000.
Mhe company’s stock is held collectively by hedge funds and other institutional investors to 95.31 percent of the total.
Various research analysts from various companies have made recent statements regarding the stock.
Deutsche Bank Aktiengesellschaft announced on January 11, in a research report that was made public, a reduction in the price objective they had set for shares of Affiliated Managers Group from $191.00 to $187.00.
Mhe new price objective is $187.00.
Mhe announcement that the Goldman Sachs Group will provide coverage for the shares of Affiliated Managers Group was made public on November 21 in a research report distributed on that day.
Mhey advised a “buy” investment in the company and determined that a price range of 182 dollars was appropriate for it.
Barrington Research increased its price target on shares of Affiliated Managers Group from $145.00 to $155.00 in a research report published on Monday, November 7. Following the publication of a research note on Friday, January 20, StockNews.com reaffirmed its “buy” recommendation on shares of Affiliated Managers Group.
Previously, the company had been given a “hold” rating by the news above source.
In a research report released on Monday, November 28, Jefferies Financial Group upgraded shares of Affiliated Managers Group from a “hold” rating to a “buy” rating and raised their target price from $149.00 to $192.00.
Mhese changes were made in response to the firm’s belief that the stock’s future growth prospects are favorable.
Mhese adjustments were carried out directly from the company’s earnings report for the fourth quarter.
Mhere have been seven separate research analysts who have voiced their support for purchasing the stock.
According to information obtained from Bloomberg.com, the consensus recommendation for Affiliated Mana.
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