Affiliated Managers Group (AMG) : The total money flow in Affiliated Managers Group (AMG) was negative ($11.48 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $43.47 million. Transactions on upticks were comparatively lower at $31.98 million. The uptick to downtick ratio was 0.74. The total block trades done on upticks were valued at $1.33 million. The total block trades on downticks were valued at $11.9 million. The uptick to the downtick ratio of block trades was 0.11. The money flow during block trades was negative ($10.57 million) when the stock traded with a gain of $191 cent. Affiliated Managers Group (AMG) was $134.36, an increase of 1.44% over the previous days close.
Affiliated Managers Group (AMG) : Currently there are 4 street experts covering Affiliated Managers Group (AMG) stock. The most bullish and bearish price target for the stock is $208 and $170 respectively for the short term. The average price target of all the analysts comes to $193.75. The estimated standard deviation from the target is $16.5. The stock has recorded a 20-day Moving Average of 9.9% and the 50-Day Moving Average is 16.46%.
Affiliated Managers Group (NYSE:AMG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $132.71 and $131.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $135.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $134.36, notching a gain of 1.44% for the day. The total traded volume was 1,022,794 . The stock had closed at $132.45 on the previous day.
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.