Economy

FIL Ltd Trims Stake in Affiliated Managers Group, Inc. (AMG)

FMR LLC now owns 753,403 shares of the company's stock valued at $109,469,000 after buying an additional 392,642 shares during the last quarter. Institutional investors and hedge funds own 96.16% of the company's stock. The stock rose 0.10% or $0.18 reaching $186.97.

About 35,941 shares traded.

The Return on Invested Capital (aka ROIC) for Affiliated Managers Group, Inc. (NYSE:AMG) is 25.768900. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. It has underperformed by 22.30% the S&P500.

First Republic Investment Management Inc decreased its stake in Williams Cos Inc Del (WMB) by 36.12% based on its latest 2017Q2 regulatory filing with the SEC.

03/31/2014 - Affiliated Managers Group, Inc. was upgraded to "buy" by analysts at Citic Securities. Texas Permanent School Fund holds 15,904 shares or 0.03% of its portfolio. Global X Management Co. Bennicas And Inc holds 1.04% or 23,235 shares. Manufacturers Life Insurance The stated it has 3.59M shares. (NYSE:AMG)'s ROIC is 0.178818. It has outperformed by 23.50% the S&P500. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. On Monday, May 15 the insider Ewing Robyn L sold $2.54 million. Cogut Charles I also bought $30,635 worth of Williams Companies Inc (NYSE:WMB) on Wednesday, May 10.

Among 18 analysts covering Williams Companies Inc. (NYSE:WMB), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. The firm earned "Hold" rating on Monday, June 5 by Citigroup. The firm has "Buy" rating by Wood given on Wednesday, April 5. The firm has "Outperform" rating by Credit Suisse given on Friday, August 11. (NYSE:AMG) earned "Buy" rating by Deutsche Bank on Friday, September 9. The brokerage now has a $185.00 price objective on the stock. The rating was maintained by Jefferies on Thursday, August 17 with "Buy". On Monday, July 17 the stock rating was maintained by KeyBanc Capital Markets with "Buy". The company was downgraded on Thursday, July 23 by Jefferies. The rating was downgraded by Raymond James to "Market Perform" on Friday, May 6. Jefferies Group LLC reaffirmed a "buy" rating and set a $200.00 price target on shares of Affiliated Managers Group in a research note on Friday, August 18th.

More recent Williams Companies Inc (NYSE:WMB) news were published by: Seekingalpha.com which released: "Williams' Long-Term Gulf Of Mexico Upside" on September 20, 2017. Fastenal Co. (NASDAQ:FAST) was raised too. The total value of its holdings decreased 1.2%. Its down 0.21, from 1.11 in 2017Q1. 58 funds opened positions while 216 raised stakes. 695.32 million shares or 1.45% more from 685.37 million shares in 2017Q1 were reported. A ratio over one indicates an increase in share price over the period. Zurcher Kantonalbank (Zurich Cantonalbank) reported 243,557 shares. Adell Harriman & Carpenter reported 0% stake. Oregon Employees Retirement Fund has invested 0.04% of its portfolio in Williams Companies Inc (NYSE:WMB). 13,420 are held by Amg Natl Tru Bancorporation. Brighton Jones Ltd Liability Corporation owns 30,067 shares or 0.21% of their U.S. portfolio. Signature Management invested in 14,285 shares. Drexel Morgan And Company invested 0.4% in CVS Health Corp (NYSE:CVS). Zimmer Prtnrs Ltd Partnership holds 0.63% or 875,000 shares. Financial Ser, a Missouri-based fund reported 26 shares. 1832 Asset Mgmt Lp holds 21,800 shares. They expect $1.49 EPS, down 9.15% or $0.15 from last year's $1.64 per share. A month ago, analyst EPS consensus estimated earnings of US$3.31 per share.

Since May 19, 2017, it had 0 buys, and 3 sales for $11.07 million activity.

Riverhead Capital Management LLC grew its holdings in Affiliated Managers Group, Inc. (NYSE:AMG)'s Buy count is 0 and Strong Buy is 4 while the number of analysts recommending Sell and Strong Sell are 0 and 2, respectively. (NYSE:AMG) or 192,569 shares. The firm's revenue was up 3.0% compared to the same quarter past year. AMG's profit would be $185.28 million giving it 14.03 P/E if the $3.31 EPS is correct.

Massachusetts Fincl Ma holds 0.01% in Affiliated Managers Group, Inc. Moreover, when the average volume increases or decreases, can provide sentiment to the volatility of the stock. It worsened, as 47 investors sold AMG shares while 160 reduced holdings.

These funds have shifted positions in (AMG). Victory Cap Mngmt Inc reported 0.2% stake. Peddock Cap Advisors Ltd Liability has invested 0.1% of its portfolio in Oracle Corporation (NYSE:ORCL). TheStreet upgraded Affiliated Managers Group from a c+ rating to a b rating in a research report on Monday, March 20th. 51,732 were accumulated by Scout Invs. (NYSE:AMG) rating on Sunday, August 9. Jacobs Levy Equity Mgmt accumulated 14,850 shares. Bath Savings Tru Com accumulated 6,810 shares.

Affiliated Managers Group, Inc is an asset management company with equity investments in boutique investment management firms. (NYSE:AMG) has a Shareholder Yield of -0.047543 and a Shareholder Yield (Mebane Faber) of -0.02436. World Asset Mngmt Inc invested in 5,026 shares or 0.03% of the stock. Vanguard Group Inc. lifted its position in shares of Affiliated Managers Group by 5.1% during the second quarter. (NYSE:AMG) for last month was 1.06189.



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