Artisan Partners Asset Management Inc. (NYSE:APAM) Stock Holdings Raised by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in shares of Artisan Partners Asset Management Inc. (NYSE:APAM - Free Report) by 12.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 308,372 shares of the asset manager's stock after purchasing an additional 33,719 shares during the period. Natixis Advisors LLC owned approximately 0.38% of Artisan Partners Asset Management worth $13,358,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of APAM. Matrix Trust Co purchased a new position in Artisan Partners Asset Management during the 3rd quarter worth $30,000. GAMMA Investing LLC raised its holdings in Artisan Partners Asset Management by 81.5% during the second quarter. GAMMA Investing LLC now owns 775 shares of the asset manager's stock worth $32,000 after purchasing an additional 348 shares in the last quarter. Hexagon Capital Partners LLC lifted its position in Artisan Partners Asset Management by 41.8% in the third quarter. Hexagon Capital Partners LLC now owns 1,004 shares of the asset manager's stock valued at $43,000 after purchasing an additional 296 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in Artisan Partners Asset Management by 735.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,212 shares of the asset manager's stock valued at $52,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of Artisan Partners Asset Management during the 2nd quarter worth approximately $63,000. 86.45% of the stock is currently owned by institutional investors and hedge funds.

Artisan Partners Asset Management Price Performance

Artisan Partners Asset Management stock opened at $46.97 on Thursday. The firm's 50-day moving average is $44.34 and its two-hundred day moving average is $42.73. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $3.77 billion, a P/E ratio of 13.05 and a beta of 1.79. Artisan Partners Asset Management Inc. has a 12-month low of $36.45 and a 12-month high of $49.52.

Artisan Partners Asset Management (NYSE:APAM - Get Free Report) last released its earnings results on Tuesday, October 29th. The asset manager reported $0.92 EPS for the quarter, topping the consensus estimate of $0.90 by $0.02. Artisan Partners Asset Management had a net margin of 23.95% and a return on equity of 71.50%. The firm had revenue of $279.60 million during the quarter, compared to analysts' expectations of $279.70 million. During the same period in the previous year, the company earned $0.75 EPS. Artisan Partners Asset Management's revenue for the quarter was up 12.4% on a year-over-year basis. Equities analysts predict that Artisan Partners Asset Management Inc. will post 3.49 earnings per share for the current year.

Artisan Partners Asset Management Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 6.98%. The ex-dividend date of this dividend is Friday, November 15th. Artisan Partners Asset Management's dividend payout ratio is currently 91.37%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. TD Cowen increased their price objective on Artisan Partners Asset Management from $41.00 to $43.00 and gave the stock a "hold" rating in a research report on Thursday, October 31st. Royal Bank of Canada reiterated an "outperform" rating and issued a $50.00 price objective on shares of Artisan Partners Asset Management in a research note on Monday, July 29th. StockNews.com upgraded Artisan Partners Asset Management from a "hold" rating to a "buy" rating in a research report on Tuesday, November 5th. The Goldman Sachs Group cut their price target on Artisan Partners Asset Management from $40.00 to $39.50 and set a "sell" rating for the company in a research note on Thursday, October 3rd. Finally, Evercore ISI increased their price objective on shares of Artisan Partners Asset Management from $40.00 to $44.00 and gave the company an "in-line" rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $44.13.

About Artisan Partners Asset Management

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. funds and collective trusts.