2 weeks Ago By Defense World Staff
Cerity Partners LLC cut its stake in Artisan Partners Asset Management Inc. ( NYSE:APAM – Free Report ) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The fund owned 14,880 shares of the asset manager’s stock after selling 377 shares during the quarter. Cerity Partners LLC’s holdings in Artisan Partners Asset Management were worth $644,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also modified their holdings of the company.
Barclays PLC increased its position in Artisan Partners Asset Management by 0.6% in the 3rd quarter. Barclays PLC now owns 430,422 shares of the asset manager’s stock worth $18,646,000 after purchasing an additional 2,455 shares during the last quarter.
Tidal Investments LLC bought a new stake in shares of Artisan Partners Asset Management in the 3rd quarter valued at approximately $1,801,000. Franklin Resources Inc. increased its holdings in Artisan Partners Asset Management by 7.
0% in the third quarter. Franklin Resources Inc. now owns 47,799 shares of the asset manager’s stock worth $2,120,000 after buying an additional 3,147 shares during the last quarter.
GAMMA Investing LLC raised its position in Artisan Partners Asset Management by 31.0% during the fourth quarter. GAMMA Investing LLC now owns 1,478 shares of the asset manager’s stock valued at $64,000 after acquiring an additional 350 shares in the last quarter.
Finally, Range Financial Group LLC acquired a new stake in Artisan Partners Asset Management in the fourth quarter valued at approximately $425,000. 86.45% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes Several research analysts have recently commented on the stock. Evercore ISI dropped their price target on shares of Artisan Partners Asset Management from $40.00 to $33.
00 and set an “in-line” rating on the stock in a research note on Friday, April 11th. StockNews.com downgraded shares of Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a research report on Tuesday, April 8th.
TD Cowen cut their target price on Artisan Partners Asset Management from $46.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th.
Finally, Royal Bank of Canada decreased their price target on Artisan Partners Asset Management from $53.00 to $51.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd.
One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $39.63.
Artisan Partners Asset Management Price Performance Shares of Artisan Partners Asset Management stock opened at $35.04 on Monday. The stock has a market capitalization of $2.
81 billion, a price-to-earnings ratio of 9.63 and a beta of 1.80.
The firm has a fifty day simple moving average of $39.80 and a 200-day simple moving average of $43.21.
Artisan Partners Asset Management Inc. has a 1-year low of $32.75 and a 1-year high of $49.
54. The company has a current ratio of 0.56, a quick ratio of 0.
73 and a debt-to-equity ratio of 0.47. Artisan Partners Asset Management ( NYSE:APAM – Get Free Report ) last announced its earnings results on Tuesday, February 4th.
The asset manager reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.
08. Artisan Partners Asset Management had a return on equity of 74.02% and a net margin of 23.
36%. On average, sell-side analysts expect that Artisan Partners Asset Management Inc. will post 3.
6 earnings per share for the current year. Artisan Partners Asset Management Cuts Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.
50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.
00 annualized dividend and a dividend yield of 5.71%. Artisan Partners Asset Management’s payout ratio is 92.
31%. Artisan Partners Asset Management Profile ( Free Report ) Artisan Partners Asset Management Inc is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.
S. funds, as well as mutual funds, non-U.S.
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