The financial services sector includes nineteen industries all related to managing money. Industries include: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.

Today I'm reviewing another asset management firm named AllianceBernstein Holding L.P. It's trading ticker symbol is AB. 

AB provides investment research and management services and invests in global markets based on its proprietary research.

A publicly owned investment manager, AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, NY.

I use three primary keys to measure dividend yielding funds or equities like AllianceBernstein Holding L.P. (AB): 

(1) Price

(2) Dividends

(3) Returns

After those three, I'll use four more keys to unlock an equity or fund in which to invest.

The first three keys, however, best test whether a company or fund has made, is making, and will make money. 

AB Price

AB's price at yesterday's market close was $24.60 per share. The firm has provided both income and price appreciation for investors. A year ago its price was $23.40. Meaning it's price is up $1.20 in the past year. 

If AB does the same in the coming year its price will increase from that $24.60 to $25.80 per share or about 5%.

AB Dividends

AB's most recent quarterly dividend was $0.51 per share declared October 26 and paid out November 16th.  

The annual dividend projected for 2018 is estimated at $2.04 per share payable quarterly at a variable range from $0.40  to $0.67 per quarter in March, May, August, and November.

The yield from that $2.04 annual dividend would be 8.3% at yesterday's $24.60 price.

Gains For AB?

AB's  $2.04 estimated annual dividend added to its  $1.20 year-over-year possible price gain, projects a $2.24 gross upside for the coming year. But there will be a brokerage cost to subtract. 

A  $1,000.00 invested yesterday at $24.60 would have bought 41 shares. 

Those 41 shares get hit with a broker fee of $5 at purchase and another $5 at sale for a per share brokerage cost of $0.24 per share

Subtracting that $0.24 brokerage cost from the estimated $2.24 gross gain leaves a net gain to 2019 of $2.00 X 41 shares 

= $82.00

or an 8% net gain on a $1,008.60 investment.

Therefore, AllianceBernstein Holding L.P. (whose ticker symbol is AB), shows a possible 8% net gain for the coming year to February 2019. 

Seven analysts cover this stock and four say to hold, one says it will outperform and two says it's a buy. Their consensus price target into 2019 is $29.50 or $3.70 higher than my year-over-year estimate of $25.80. The brokers see nearly 20% upside to my 8%.

These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen. They could turn out to prove to be far lower. More study is required for you to determine if AllianceBernstein Holding L.P.  is worth your time and money.