NYSE
AB

AllianceBernstein Holding LP

Asset Management
Financial Services

Prices are adjusted according to historical splits.

AllianceBernstein Holding LP Stock Price

Vitals

Today's Low:
$31.71
Today's High:
$32.49
Open Price:
$31.71
52W Low:
$30.2252
52W High:
$45.9606
Prev. Close:
$32
Volume:
262400

Company Statistics

Market Cap.:
$4.29 billion
Book Value:
18.216
Revenue TTM:
$305.50 million
Operating Margin TTM:
100%
Gross Profit TTM:
$305.50 million
Profit Margin:
89.74%
Return on Assets TTM:
10.33%
Return on Equity TTM:
14.84%

Company Profile

AllianceBernstein Holding LP had its IPO on 1988-04-14 under the ticker symbol AB.

The company operates in the Financial Services sector and Asset Management industry. AllianceBernstein Holding LP has a staff strength of 4,436 employees.

Stock update

Shares of AllianceBernstein Holding LP opened at $31.71 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $31.71 - $32.49, and closed at $32.23.

This is a +0.72% increase from the previous day's closing price.

A total volume of 262,400 shares were traded at the close of the day’s session.

In the last one week, shares of AllianceBernstein Holding LP have increased by +3.27%.

AllianceBernstein Holding LP's Key Ratios

AllianceBernstein Holding LP has a market cap of $4.29 billion, indicating a price to book ratio of 2.5098 and a price to sales ratio of 10.4222.

In the last 12-months AllianceBernstein Holding LP’s revenue was $305.50 million with a gross profit of $305.50 million and an EBITDA of $0. The EBITDA ratio measures AllianceBernstein Holding LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, AllianceBernstein Holding LP’s operating margin was 100% while its return on assets stood at 10.33% with a return of equity of 14.84%.

In Q4, AllianceBernstein Holding LP’s quarterly earnings growth was a negative -53.7% while revenue growth was a negative 46.4%.

AllianceBernstein Holding LP’s PE and PEG Ratio

Forward PE
15.1745
Trailing PE
14
PEG
11.3695

Its diluted EPS in the last 12-months stands at $2.69 per share while it has a forward price to earnings multiple of 15.1745 and a PEG multiple of 11.3695. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into AllianceBernstein Holding LP’s profitability.

AllianceBernstein Holding LP stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 10.4222.

AllianceBernstein Holding LP stock pays annual dividends of $2.95 per share, indicating a yield of 7.64% and a payout ratio of 100%.

Balance sheet and cash flow metrics

Total Assets
$1.13 billion
Total Liabilities
$-17793000.00
Operating Cash Flow
$-1768000.00
Capital Expenditure
$0
Dividend Payout Ratio
100%

AllianceBernstein Holding LP ended 2024 with $1.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.13 billion while shareholder equity stood at $1.44 billion.

AllianceBernstein Holding LP ended 2024 with $0 in deferred long-term liabilities, $-17793000.00 in other current liabilities, 2160207000.00 in common stock, $831.81 million in retained earnings and $671.20 million in goodwill. Its cash balance stood at $40.78 million and cash and short-term investments were $41.72 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

AllianceBernstein Holding LP’s total current assets stands at $124.25 million while long-term investments were $2.07 billion and short-term investments were $947000.00. Its net receivables were $82.52 million compared to accounts payable of $-17793000.00 and inventory worth $0.

In 2024, AllianceBernstein Holding LP's operating cash flow was $-1768000.00 while its capital expenditure stood at $0.

Comparatively, AllianceBernstein Holding LP paid $1 in dividends in 2024.

Other key metrics

Current Trading Price
$32.23
52-Week High
$45.9606
52-Week Low
$30.2252
Analyst Target Price
$41.9

AllianceBernstein Holding LP stock is currently trading at $32.23 per share. It touched a 52-week high of $45.9606 and a 52-week low of $45.9606. Analysts tracking the stock have a 12-month average target price of $41.9.

Its 50-day moving average was $31.51 and 200-day moving average was $34.01 The short ratio stood at 2.26 indicating a short percent outstanding of 0%.

Around 359.8% of the company’s stock are held by insiders while 1285.5% are held by institutions.

Frequently Asked Questions About AllianceBernstein Holding LP

The stock symbol (also called stock or share ticker) of AllianceBernstein Holding LP is AB

The IPO of AllianceBernstein Holding LP took place on 1988-04-14

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About

AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.

Address

1345 Avenue of the Americas, New York, NY, United States, 10105