Affiliated Managers Group (AMG) : Sirios Capital Management L P scooped up 145,196 additional shares in Affiliated Managers Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 471,725 shares of Affiliated Managers Group which is valued at $67,517,999.Affiliated Managers Group makes up approximately 3.10% of Sirios Capital Management L P’s portfolio.
Other Hedge Funds, Including , Putnam Fl Investment Management Co reduced its stake in AMG by selling 12 shares or 0.22% in the most recent quarter. The Hedge Fund company now holds 5,449 shares of AMG which is valued at $782,640. Affiliated Managers Group makes up approx 0.09% of Putnam Fl Investment Management Co’s portfolio. Lmr Partners Llp added AMG to its portfolio by purchasing 5,773 company shares during the most recent quarter which is valued at $847,361. Affiliated Managers Group makes up approx 0.13% of Lmr Partners Llp’s portfolio.Sumitomo Life Insurance Co boosted its stake in AMG in the latest quarter, The investment management firm added 3,081 additional shares and now holds a total of 8,255 shares of Affiliated Managers Group which is valued at $1,208,697. Affiliated Managers Group makes up approx 0.16% of Sumitomo Life Insurance Co’s portfolio.Legacy Private Trust reduced its stake in AMG by selling 190 shares or 2.74% in the most recent quarter. The Hedge Fund company now holds 6,735 shares of AMG which is valued at $986,139. Affiliated Managers Group makes up approx 0.14% of Legacy Private Trust’s portfolio.
Affiliated Managers Group closed down -0.02 points or -0.01% at $141.73 with 2,67,521 shares getting traded on Friday. Post opening the session at $141.16, the shares hit an intraday low of $140.45 and an intraday high of $142.17 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Affiliated Managers Group reported $3.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $3.01. The company had revenue of $554.10 million for the quarter, compared to analysts expectations of $560.37 million. The company’s revenue was down -14.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.08 EPS.
Affiliated Managers Group Inc. (AMG) is a global asset management company with equity investments in a diverse group of boutique investment management firms (Affiliates). The Company manages approximately $620.2 billion in assets through its affiliates across a range of asset classes and investment styles in three principal distribution channels: institutional mutual fund and high net worth. The Companys Institutional Distribution Channel through its Affiliates manages assets for large institutional investors across the world including sovereign wealth funds foundations endowments and retirement plans for corporations and municipalities. As part of the Companys mutual fund distribution channel the Company through its Affiliates provides advisory or sub-advisory services to mutual funds UCITS and other retail-oriented products. Through the Companys affiliates it provides advisory services to ultra-high net worth individuals and family trusts.