SproutNews logo

Breakfast Technical Briefing on Ares Management and Three Other Additional Asset Management Stocks

Stock Research Monitor: AMG, BSIG, and CNNE

LONDON, UK / ACCESSWIRE / July 5, 2018 / If you want a free Stock Review on ARES sign up now at www.wallstequities.com/registration. On Tuesday, July 03, 2018, US markets saw four out of nine sectors finishing the day in red, four in green, and one in neutral territory. Major US indices were also bearish at the close of last Tuesday’s session. The NASDAQ Composite ended the day at 7,502.67, down 0.86%; the Dow Jones Industrial Average edged 0.54% lower, to finish at 24,174.82; and the S&P 500 closed at 2,713.22, down 0.49%. This Thursday morning, WallStEquities.com looks at the performance of these four Asset Management stocks: Affiliated Managers Group Inc. (NYSE: AMG), Ares Management L.P. (NYSE: ARES), BrightSphere Investment Group PLC (NYSE: BSIG), and Cannae Holdings Inc. (NYSE: CNNE). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Affiliated Managers Group

On Tuesday, shares in Prides Crossing, Massachusetts-based Affiliated Managers Group Inc. recorded a trading volume of 180,393 shares. The stock ended the session 1.12% lower at $147.23. The stock is trading below its 50-day moving average by 8.77%. Moreover, shares of the Company, which through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the US, have a Relative Strength Index (RSI) of 30.37. Get the full research report on AMG for free by clicking below at:

www.wallstequities.com/registration/?symbol=AMG

Ares Management

Los Angeles, California headquartered Ares Management L.P.’s stock closed the day 0.48% higher at $21.10 with a total trading volume of 324,725 shares, which was above their three months average volume of 282.78 thousand shares. The Company’s shares have advanced 15.30% over the last twelve months. The stock is trading above its 200-day moving average by 1.10%. Additionally, shares of Ares Management, which operates as an alternative asset manager in the US, Europe, and Asia, have an RSI of 49.89.

On June 28th, 2018, research firm Jefferies initiated a ‘Buy’ rating on the Company’s stock. ARES’s complimentary research coverage is a few simple steps away at:

www.wallstequities.com/registration/?symbol=ARES

BrightSphere Investment Group

Shares in Boston, Massachusetts-based BrightSphere Investment Group PLC recorded a trading volume of 268,479 shares. The stock ended last Tuesday’s trading session 0.35% higher at $14.44. The stock is trading below its 50-day moving average by 6.12%. Furthermore, shares of BrightSphere Investment, which provides its services to individuals and institutions, have an RSI of 32.82. Register for your free research report on BSIG at:

www.wallstequities.com/registration/?symbol=BSIG

Cannae Holdings

Las Vegas, Nevada-based Cannae Holdings Inc.’s stock finished Tuesday’s session 0.11% lower at $18.46 with a total trading volume of 191,921 shares. The Company’s shares have advanced 16.84% in the past twelve months. The stock is trading above its 200-day moving average by 0.22%. Additionally, shares of Cannae Holdings, which invests in restaurants, technology enabled healthcare services, financial services and more, have an RSI of 28.11. Wall St. Equities’ downloadable research report on CNNE available at:

www.wallstequities.com/registration/?symbol=CNNE

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

WSE has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com

Phone number: 21 32 044 483

Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Wall St. Equities

ReleaseID: 504468

Go Top