Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, investment manager AllianceBernstein Holding
With that in mind, let's take a closer look at AllianceBernstein's business and see what CAPS investors are saying about the stock right now.
|Headquarters (Founded)||New York (1987)|
|Market Cap||$1.46 billion|
|Trailing-12-Month Revenue||$162.88 million|
|Management||Chairman/CEO Peter Kraus
Interim CFO Edward Farrell
|Return on Equity (Average, Past 3 Years)||9.2%|
Sources: S&P Capital IQ and Motley Fool CAPS.
This past summer, hbomb14 tapped AllianceBernstein as a tempting turnaround play: "Terrible returns are hurting AUM, but like all asset managers, past performance does not indicate future performance. Their returns will bounce back, and so will this stock."
In fact, AllianceBernstein currently sports a whopping dividend yield of 9.4%. That's much higher than that of other asset managers like BlackRock
CAPS member gameguru elaborates on the AllianceBernstein bargain opportunity:
This stock has been crushed by the market. Absolutely bludgeoned with a massive hammer-like instrument. ... It is just smack-you-in-the-face-until-you-holler cheap. Yes, there are some tax implications of its partnership structure, but this is just a minor inconvenience. AUM will continue to shrink as the markets struggle, but when investor confidence returns, AB's stock will follow.
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