<div id="readability-page-1"><p><span>Affiliated Managers Group (NYSE:AMG - Get Free Report)</span>'s stock had its &#34;buy&#34; rating restated by equities research analysts at TD Cowen in a research note issued on Wednesday,Benzinga reports. They presently have a $454.00 price objective on the asset manager's stock. TD Cowen's target price indicates a potential upside of 50.63% from the stock's previous close.</p><p>Other research analysts have also recently issued reports about the company. Wall Street Zen cut Affiliated Managers Group from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, April 4th. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Affiliated Managers Group in a research report on Wednesday, January 21st. Barrington Research  reiterated an &#34;outperform&#34; rating and set a $365.00 price target on shares of Affiliated Managers Group in a research report on Monday, April 27th. The Goldman Sachs Group  reiterated a &#34;buy&#34; rating and set a $405.00 price target on shares of Affiliated Managers Group in a research report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft  reiterated a &#34;buy&#34; rating and set a $400.00 price target on shares of Affiliated Managers Group in a research report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and one  has issued  a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $362.29.</p><p><b>Read Our Latest Report on AMG</b></p><h2>Affiliated Managers Group Stock Performance</h2><p>Shares of Affiliated Managers Group stock traded down $0.13 on Wednesday, reaching $301.41. 60,667 shares of the stock were exchanged, compared to its average volume of 390,098. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.73. Affiliated Managers Group has a twelve month low of $172.54 and a twelve month high of $334.78. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 0.52 and a beta of 1.14. The business has a 50 day moving average price of $287.06 and a two-hundred day moving average price of $286.95. </p><p>Affiliated Managers Group (NYSE:AMG - Get Free Report) last released its earnings results on Friday, May 1st. The asset manager reported $8.23 EPS for the quarter, topping analysts' consensus estimates of $8.10 by $0.13. Affiliated Managers Group had a return on equity of 20.17% and a net margin of 35.55%.The firm had revenue of $544.90 million during the quarter, compared to the consensus estimate of $544.01 million. During the same quarter in the previous year, the company posted $5.37 earnings per share. The company's revenue was up 9.7% compared to the same quarter last year.  Analysts anticipate that  Affiliated Managers Group will post 34.23 earnings per share for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><p>In other news, COO Thomas M. Wojcik sold 8,000 shares of the business's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $286.30, for a total value of $2,290,400.00. Following the completion of the sale, the chief operating officer directly owned 159,465 shares in the company, valued at $45,654,829.50. The trade was a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this link. Also, General Counsel Kavita Padiyar sold 2,200 shares of the business's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $278.24, for a total value of $612,128.00. Following the sale, the general counsel owned 42,672 shares of the company's stock, valued at $11,873,057.28. The trade was a 4.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 14,602 shares of company stock valued at $4,240,522. 2.90% of the stock is owned by insiders. </p><h2>Institutional Trading of Affiliated Managers Group</h2><p>Several large investors have recently made changes to their positions in AMG. Leonteq Securities AG purchased a new stake in shares of  Affiliated Managers Group during the fourth quarter worth approximately $30,000.  Root Financial Partners LLC purchased a new stake in shares of  Affiliated Managers Group during the third quarter worth approximately $33,000.  Meeder Asset Management Inc. purchased a new stake in shares of  Affiliated Managers Group during the third quarter worth approximately $34,000.  Hantz Financial Services Inc. increased its position in shares of  Affiliated Managers Group by 189.8% during the third quarter. Hantz Financial Services Inc. now owns 142 shares of the asset manager's stock worth $34,000 after purchasing an additional 93 shares in the last quarter.  Finally, Millstone Evans Group LLC boosted its stake in  Affiliated Managers Group by 41.9% during the third quarter. Millstone Evans Group LLC now owns 176 shares of the asset manager's stock worth $42,000 after buying an additional 52 shares during the last quarter. 95.30% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About Affiliated Managers Group</h2> (Get Free Report)<p>Affiliated Managers Group, Inc <span>NYSE: AMG<span></span></span> is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates' distribution capabilities, operational infrastructure and access to capital.  </p><p>The company's core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.</p><h2>Read More</h2><ul><li>Five stocks we like better than Affiliated Managers Group</li><li>Qualcomm Stock Doubles: New Era? Or Another False Start?</li><li>3 Industrial Stocks That Just Crushed Earnings</li><li>A Quantum Shift: Why Speculative Money Is Ditching AI</li><li>Reading the Stripes: Is The Industrial Recession Over?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Affiliated Managers Group Right Now?</h2><p>Before you consider Affiliated Managers Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Affiliated Managers Group wasn't on the list.</p><p>While Affiliated Managers Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>TD Cowen has reaffirmed a "buy" rating for Affiliated Managers Group (NYSE:AMG) with a price target of $454.00, indicating a potential upside of 50.63%. The stock is currently rated as "Moderate Buy" by analysts, with an average target price of $362.29. Recent trading saw shares at $301.41, with a market cap of $8.00 billion. The company reported an EPS of $8.23, exceeding estimates, and a revenue increase of 9.7% year-over-year. Insiders have recently sold shares, and institutional investors are adjusting their positions in AMG.</p>

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Affiliated Managers Group (NYSE:AMG) Earns Buy Rating from TD Cowen