NASHVILLE, Tenn., Feb. 7, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that Seth Bernstein, President and CEO, will participate in the Bank of America 2024 Financial Services Conference on Wednesday, February 21, 2024 in a session that begins at 2:20 p.m. (CT). A live audio webcast will be available in the Investor & Media Relations section of AB's website at www.alliancebernstein.com/investorrelations. An audio replay of the ...

From a technical perspective, AllianceBernstein Holding L.P. (AB) is looking like an interesting pick, as it just reached a key level of support. AB's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover i ...

Following a week highlighted by big tech, this week’s earnings lineup features several top-rated stocks from a variety of sectors.Set to release their quarterly results on Tuesday, February 6, here are several standout stocks that investors will certainly want to pay attention to.AllianceBernstein (AB) Financial investment management firm AllianceBernstein is attractive ahead of its Q4 report and covets a Zack Rank #1 (Strong Buy) at the moment. Interestingly enough, AllianceBernstein’s Zacks Financial-Inve ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. AllianceBernstein (AB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.AllianceBernstein is a member of the Finance sector. This group includes 857 indiv ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum [2] Group 2: AllianceBernstein (AB) Stock Analysis - AllianceBernstein (AB) has shown a price increase of 7.4% over the past four weeks, indicating growing investor interest [2] - Over the past 12 weeks, AB's stock gained 25.5%, demonstrating its ability to deliver positive returns over a longer timeframe [2] - AB has a beta of 1.26, suggesting it moves 26% higher than the market in either direction, indicating fast-paced momentum [3] - AB holds a Momentum Score of B, suggesting it is an opportune time to invest in the stock [3] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [3] - AB is trading at a Price-to-Sales ratio of 0.92, indicating it is reasonably valued at 92 cents for each dollar of sales [3] Group 3: Investment Opportunities - AB appears to have significant potential for growth at a fast pace, making it an attractive investment option [4] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, providing further investment opportunities [4] - The Zacks Premium Screens offer various strategies to identify winning stock picks based on individual investing styles [4]

Group 1 - AllianceBernstein (AB) has a Zacks Rank of 1 (Strong Buy), indicating a stronger improvement in its earnings outlook compared to BlackRock (BLK), which has a Zacks Rank of 3 (Hold) [1] - Value investors utilize various valuation metrics to identify undervalued companies, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [2] - AB has a forward P/E ratio of 11.33, significantly lower than BLK's forward P/E of 19.84, and a PEG ratio of 0.83 compared to BLK's PEG ratio of 2 [2] Group 2 - AB's P/B ratio is 1.92, while BLK's P/B ratio is 3, indicating that AB is more favorably valued in terms of market value to book value [3] - AB's Value grade is B, while BLK's Value grade is D, further supporting the conclusion that AB is the superior value option at this time [3] - The improving earnings outlook for AB enhances its attractiveness in the current investment landscape [3]

Core Insights - Bernstein Private Wealth Management is expanding its Ultrahigh-Net-Worth (UHNW) Platform to address the complexities of wealth management and to help clients build multigenerational legacies [1][2] - The firm currently serves over 1,290 UHNW individuals and families, managing more than $37.9 billion in total assets, with an average client tenure of 12 years [1] - The expansion includes the establishment of a new UHNW Service Team and the appointment of senior executives to enhance personalized service and support for UHNW clients [2][3] Group 1: Expansion and Strategy - The UHNW Platform aims to consolidate expertise and proactively address the complexities faced by wealthy clients through a dedicated service team [2] - The platform will leverage Bernstein's wealth planning research, including insights into family governance [2] - The newly created UHNW Service Team will focus on providing a personalized experience with a low client-to-professional ratio [2][3] Group 2: Leadership and Team Structure - Aaron Bates, a 25-year veteran, will lead the UHNW Platform, integrating various services for a centralized resource [2] - Three senior executives have been appointed: Amanda Bohr as Director of Strategic Partnerships, Jeremy Lam as Director of Credit, and Emily Neubert as National Director of UHNW Services [3] - Neubert will also oversee Family Governance, enhancing the value and personalized service for UHNW clients [3] Group 3: Title Change and Holistic Approach - Bernstein's advisors will transition from "financial advisors" to "wealth advisors" to reflect a more holistic approach to client counseling [4][5] - This title change signifies the firm's commitment to addressing clients' broader wealth management needs beyond just investments [5] - The firm emphasizes the importance of navigating life's transitions and maintaining strategies to achieve clients' goals [3][6]

NASHVILLE, Tenn., Jan. 24, 2024 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Fourth Quarter 2023 financial and operating results will be released after the market closes on Tuesday, February 6, 2024. Management will conduct a teleconference on February 7, 2024, beginning at 9:00 am (CT), to discuss the results. The call will be hosted by Seth Bernstein, President and Chief Executive Officer; Bill Siemers, Interim Chief Financial Officer; Onur Erza ...

Momentum investors ride bullish trends where buyers are in control, with the strategy particularly potent over the last year amid the market’s turnaround.And the momentum has carried over into 2024 for several stocks, including Carrols Restaurant Group (TAST) , AllianceBernstein (AB) , and Toyota Motor (TM) . Below is a chart illustrating the performance of each year-to-date, with the S&P 500 blended in as a benchmark.Image Source: Zacks Investment ResearchIn addition to favorable price action, all three sp ...

Investors might want to bet on AllianceBernstein (AB) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this investment management company, should get reflected in its stock price. After all, empirical research shows a strong co ...