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flag Two major firms boost stakes in AllianceBernstein as the company reports strong earnings.

flag Horizon Kinetics and Sequoia Financial Advisors have both increased their stakes in AllianceBernstein Holding L.P. (NYSE: AB). flag Horizon Kinetics now owns 71,287 shares, worth $2.64 million, while Sequoia Financial Advisors owns 19,930 shares, valued at $739,000. flag AllianceBernstein reported a strong quarter, with earnings per share of $1.05, surpassing analyst expectations. flag The company's market cap is $4.10 billion, with a P/E ratio of 9.97 and a PEG ratio of 0.78. flag Analysts predict 3.58 EPS for the year.

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