Tiverton Asset Management Decreased Affiliated Managers Group (AMG) Holding; United Bancorp (UBCP)’s Sentiment Is 1.14

June 13, 2018 - By Hugh Holland

Affiliated Managers Group, Inc. (NYSE:AMG) Logo

Tiverton Asset Management Llc decreased Affiliated Managers Group Inc (AMG) stake by 26.31% reported in 2018Q1 SEC filing. Tiverton Asset Management Llc sold 16,600 shares as Affiliated Managers Group Inc (AMG)’s stock declined 16.18%. The Tiverton Asset Management Llc holds 46,487 shares with $8.81 million value, down from 63,087 last quarter. Affiliated Managers Group Inc now has $8.53B valuation. The stock decreased 3.21% or $5.21 during the last trading session, reaching $156.97. About 465,923 shares traded or 11.42% up from the average. Affiliated Managers Group, Inc. (NYSE:AMG) has risen 6.06% since June 13, 2017 and is uptrending. It has underperformed by 6.51% the S&P500. Some Historical AMG News: ; 06/04/2018 – AFFILIATED MANAGERS GROUP INC AMG.N : DEUTSCHE BANK RAISES TARGET PRICE TO $215 FROM $213; 21/03/2018 – AMG Advanced Metallurgical Group N.V. Publishes 2017 Annual Report and Agenda for the 2018 Annual Meeting; 29/05/2018 – Affiliated Managers: Nathaniel Dalton Succeeds Sean M. Healey as CEO; 08/03/2018 – AFFILIATED MANAGERS GROUP INC AMG.N SAYS ENTERED INTO A $385 MLN SENIOR UNSECURED TERM LOAN CREDIT FACILIT; 02/05/2018 – AMG SHAREHOLDERS APPROVE RE-APPOINTMENT CEO HEINZ SCHIMMELBUSCH; 10/04/2018 – AMG, CRITERION TALKS FOR SOLUTION FOR SPENT-CATALYST MGMT; 10/04/2018 – AMG ADVANCED METALLURGICAL GROUP N.V.: AMG, CRITERION REPORT; 29/05/2018 – Affiliated Managers Names Nathaniel Dalton CEO; 10/04/2018 – AMG ADVANCED METALLURGICAL GROUP NV AMG.AS – HAS ENTERED INTO EXCLUSIVE NEGOTIATIONS WITH CRITERION CATALYST AND TECHNOLOGIES; 29/05/2018 – AMG Doesn’t Expect Industrial Action to Have Material Impact on Commissioning of AMG Mineracao’s First Lithium Concentrate Processing Plant

United Bancorp Inc (UBCP) investors sentiment decreased to 1.14 in Q1 2018. It’s down -2.86, from 4 in 2017Q4. The ratio has worsened, as 8 institutional investors opened new and increased holdings, while 7 cut down and sold stakes in United Bancorp Inc. The institutional investors in our database now have: 620,305 shares, down from 1.31 million shares in 2017Q4. Also, the number of institutional investors holding United Bancorp Inc in top ten holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 6 Increased: 3 New Position: 5.

United Bancorp, Inc. operates as the bank holding firm for The Citizens Savings Bank that provides commercial and retail banking services in Ohio. The company has market cap of $68.23 million. The firm accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. It has a 18.31 P/E ratio. It also offers brokerage services through LPL Financial member NASD/SIPC.

Wesbanco Bank Inc holds 0.14% of its portfolio in United Bancorp, Inc. for 218,850 shares. Howe & Rusling Inc owns 2,937 shares or 0.01% of their US portfolio. Moreover, Kennedy Capital Management Inc. has 0.01% invested in the company for 31,968 shares. The Massachusetts-based Acadian Asset Management Llc has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 4,276 shares.

Since January 1, 0001, it had 1 insider buy, and 0 sales for $6,070 activity.

The stock decreased 0.38% or $0.05 during the last trading session, reaching $13. About 3,679 shares traded or 31.21% up from the average. United Bancorp, Inc. (UBCP) has risen 10.06% since June 13, 2017 and is uptrending. It has underperformed by 2.51% the S&P500. Some Historical UBCP News: ; 26/04/2018 – United Bancorp 4Q EPS 22c; 23/03/2018 – UNITED BANK FOR AFRICA PLC UBA.LG – FY ENDED DEC 2017 PROFIT BEFORE TAX GROUP 105.26 BLN NAIRA VS 90.64 BLN NAIRA YEAR AGO; 23/03/2018 – UNITED BANK FOR AFRICA PLC UBA.LG – FY GROUP TOTAL COMPREHENSIVE INCOME 106.36 BLN NAIRA VS 138.15 BLN NAIRA YEAR AGO; 28/05/2018 – UNITED BANK OF INDIA UBOI.NS – MARCH QTR NET LOSS 2.61 BLN RUPEES VS PROFIT OF 735.6 MLN RUPEES LAST YEAR; 19/04/2018 – DJ United Bancorp Inc, Inst Holders, 1Q 2018 (UBCP); 28/05/2018 – UNITED BANK GROSS NPA 24.1%; 16/05/2018 – ASIA UNITED BANK CORP AUB.PS – QTRLY NET INCOME ATTRIBUTABLE 793.1 MLN PESOS VS 648.5 MLN PESOS; 28/05/2018 – UNITED BANK 4Q LOSS 2.6B RUPEES; 11/05/2018 – UNITED BANK OF INDIA APPROVES RAISING UP TO INR15B IN EQUITY; 28/03/2018 – UNITED BANK FOR AFRICA COMMENTS IN STATEMENT ON NSE WEBSITE

More news for Affiliated Managers Group, Inc. (NYSE:AMG) were recently published by: Bizjournals.com, which released: “Long-time AMG CEO Healey steps down after ALS diagnosis” on May 29, 2018. Globenewswire.com‘s article titled: “Report: Developing Opportunities within Stifel Financial, Cenovus Energy, Brown & Brown, Dover, Affiliated Managers …” and published on May 31, 2018 is yet another important article.

Tiverton Asset Management Llc increased Phillips 66 (NYSE:PSX) stake by 5,172 shares to 11,435 valued at $1.10 million in 2018Q1. It also upped Jb Hunt Transport Services Inc (NASDAQ:JBHT) stake by 13,236 shares and now owns 119,014 shares. Berkshire Hathaway Inc (BRKB) was raised too.

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.34, from 1.13 in 2017Q4. It is negative, as 44 investors sold AMG shares while 173 reduced holdings. 51 funds opened positions while 121 raised stakes. 49.26 million shares or 0.32% less from 49.42 million shares in 2017Q4 were reported. Michigan-based Ww Asset has invested 0.03% in Affiliated Managers Group, Inc. (NYSE:AMG). Somerset Tru has invested 0.29% in Affiliated Managers Group, Inc. (NYSE:AMG). Rock Point Advisors Ltd Limited Liability Company holds 1.46% or 15,622 shares. Fdx Advisors Incorporated has invested 0.07% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Moreover, Honeywell Inc has 0.64% invested in Affiliated Managers Group, Inc. (NYSE:AMG). Alliancebernstein Limited Partnership invested 0.08% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Old Mutual Customised Solutions (Proprietary) reported 0.01% in Affiliated Managers Group, Inc. (NYSE:AMG). Gargoyle Investment Advisor Ltd Company has 0.88% invested in Affiliated Managers Group, Inc. (NYSE:AMG). Boston has invested 0.01% in Affiliated Managers Group, Inc. (NYSE:AMG). Tributary Capital Mgmt Ltd Llc stated it has 0.01% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Bruni J V Com Com has invested 7.52% in Affiliated Managers Group, Inc. (NYSE:AMG). Tealwood Asset Mngmt Incorporated reported 0.82% in Affiliated Managers Group, Inc. (NYSE:AMG). Comerica Bancshares accumulated 13,731 shares. Long Road Inv Counsel Ltd Com has invested 1.98% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Intrust State Bank Na, Kansas-based fund reported 2,282 shares.

Among 10 analysts covering Affiliated Managers Group (NYSE:AMG), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Affiliated Managers Group had 57 analyst reports since August 9, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, February 13 by Deutsche Bank. Jefferies maintained Affiliated Managers Group, Inc. (NYSE:AMG) on Wednesday, June 14 with “Buy” rating. Goldman Sachs downgraded Affiliated Managers Group, Inc. (NYSE:AMG) on Tuesday, January 9 to “Hold” rating. The firm earned “Buy” rating on Tuesday, March 6 by Deutsche Bank. Citigroup upgraded the shares of AMG in report on Friday, January 19 to “Buy” rating. The rating was maintained by Jefferies on Wednesday, April 11 with “Buy”. The company was downgraded on Friday, November 4 by Deutsche Bank. Keefe Bruyette & Woods downgraded it to “Hold” rating and $20600 target in Tuesday, April 10 report. The stock has “Outperform” rating by Wood on Tuesday, August 2. The company was downgraded on Monday, June 5 by Citigroup.

Analysts await Affiliated Managers Group, Inc. (NYSE:AMG) to report earnings on July, 30. They expect $3.67 earnings per share, up 10.21% or $0.34 from last year’s $3.33 per share. AMG’s profit will be $199.34 million for 10.69 P/E if the $3.67 EPS becomes a reality. After $3.92 actual earnings per share reported by Affiliated Managers Group, Inc. for the previous quarter, Wall Street now forecasts -6.38% negative EPS growth.

Affiliated Managers Group, Inc. (NYSE:AMG) Institutional Positions Chart

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