<div id="readability-page-1"><p>Private Client Services LLC acquired a new stake in shares of  Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor  acquired 5,294 shares of the asset manager's stock, valued at approximately $1,526,000.</p><p>Other institutional investors have also recently made changes to their positions in the company. Carrera Capital Advisors purchased a new position in  Affiliated Managers Group during the 3rd quarter valued at approximately $4,295,000.  Allianz Asset Management GmbH raised its holdings in shares of  Affiliated Managers Group by 14.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 393,161 shares of the asset manager's stock worth $93,741,000 after acquiring an additional 50,219 shares in the last quarter.  Skandinaviska Enskilda Banken AB publ raised its holdings in shares of  Affiliated Managers Group by 103.0% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 20,100 shares of the asset manager's stock worth $4,792,000 after acquiring an additional 10,200 shares in the last quarter.  Oliver Luxxe Assets LLC bought a new position in shares of  Affiliated Managers Group during the 3rd quarter valued at approximately $2,673,000.  Finally, Paragon Associates &amp; Paragon Associates II Joint Venture bought a new position in shares of  Affiliated Managers Group during the 3rd quarter valued at approximately $5,357,000. Hedge funds and other institutional investors own  95.30% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently weighed in on the stock. TD Cowen  restated a &#34;buy&#34; rating on shares of Affiliated Managers Group in a research report on Wednesday, January 14th. Zacks Research lowered shares of Affiliated Managers Group from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, December 15th. The Goldman Sachs Group lifted their price objective on shares of Affiliated Managers Group from $300.00 to $341.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft  set a $408.00 target price on shares of Affiliated Managers Group and gave the stock a &#34;buy&#34; rating in a report on Friday, February 13th. Finally, Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Affiliated Managers Group in a research report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating and one  has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $350.14.</p><p><b>Check Out Our Latest Analysis on AMG</b></p><h2>Insider Buying and Selling</h2><p>In other Affiliated Managers Group news, COO Thomas M. Wojcik sold 8,000 shares of the company's stock in a transaction 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 transaction, the chief operating officer owned 159,465 shares of the company's stock, valued at $45,654,829.50. This represents a 4.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Kavita Padiyar sold 2,200 shares of the stock in a transaction 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 completion of the sale, the general counsel owned 42,672 shares in the company, valued at approximately $11,873,057.28. The trade was a 4.90% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.20% of the stock is currently owned by company insiders. </p><h2>Affiliated Managers Group Price Performance</h2><p>AMG stock opened at $278.47 on Friday. The stock has a market cap of $7.43 billion, a PE ratio of 12.07, a P/E/G ratio of 0.47 and a beta of 1.18. Affiliated Managers Group, Inc. has a 12 month low of $139.22 and a 12 month high of $334.78. The company has a 50-day moving average price of $305.58 and a 200 day moving average price of $273.96. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.64. </p><p>Affiliated Managers Group (NYSE:AMG - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The asset manager reported $9.48 earnings per share for the quarter, topping analysts' consensus estimates of $8.75 by $0.73. The company had revenue of $556.60 million for the quarter, compared to analyst estimates of $578.54 million. Affiliated Managers Group had a net margin of 34.55% and a return on equity of 18.45%. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $6.53 EPS.  Equities research analysts anticipate that  Affiliated Managers Group, Inc. will post 22.86 earnings per share for the current year. </p><h2>Affiliated Managers Group Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, February 23rd were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Monday, February 23rd. Affiliated Managers Group's dividend payout ratio  is presently 0.17%. </p><h2>Affiliated Managers Group Company Profile</h2> (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>Featured Articles</h2><ul><li>Five stocks we like better than Affiliated Managers Group</li></ul><p><strong>Want to see what other hedge funds are holding AMG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Affiliated Managers Group, Inc. (NYSE:AMG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.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>Private Client Services LLC has acquired a new stake in Affiliated Managers Group, Inc. (NYSE:AMG), purchasing 5,294 shares valued at approximately $1.5 million. Other institutional investors have also increased their positions in AMG. Analysts have mixed ratings on the stock, with a consensus rating of "Moderate Buy" and an average target price of $350.14. Recent insider sales include COO Thomas M. Wojcik selling 8,000 shares and General Counsel Kavita Padiyar selling 2,200 shares. AMG stock opened at $278.47, with a market cap of $7.43 billion and a PE ratio of 12.07.</p>

Private Client Services LLC Makes New Investment in Affiliated Managers Group, Inc. $AMG