B. Metzler seel. Sohn & Co. AG Sells 13,674 Shares of Artisan Partners Asset Management Inc. (NYSE:APAM)

B. Metzler seel. Sohn & Co. AG lessened its holdings in Artisan Partners Asset Management Inc. (NYSE:APAM - Free Report) by 29.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,157 shares of the asset manager's stock after selling 13,674 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Artisan Partners Asset Management were worth $1,384,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC grew its holdings in shares of Artisan Partners Asset Management by 82.7% during the 4th quarter. Larson Financial Group LLC now owns 581 shares of the asset manager's stock valued at $25,000 after purchasing an additional 263 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Artisan Partners Asset Management by 110.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 628 shares of the asset manager's stock worth $27,000 after buying an additional 330 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Artisan Partners Asset Management by 166.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,027 shares of the asset manager's stock worth $44,000 after buying an additional 642 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Artisan Partners Asset Management in the 4th quarter valued at $57,000. Finally, R Squared Ltd acquired a new stake in shares of Artisan Partners Asset Management during the 4th quarter valued at $62,000. Institutional investors and hedge funds own 86.45% of the company's stock.

Artisan Partners Asset Management Trading Up 1.6 %

NYSE APAM opened at $40.26 on Thursday. The firm has a market capitalization of $3.23 billion, a PE ratio of 11.06 and a beta of 1.83. The business's 50-day moving average price is $42.35 and its two-hundred day moving average price is $43.92. 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 Inc. has a 12 month low of $37.89 and a 12 month high of $49.54.

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Artisan Partners Asset Management (NYSE:APAM - Get Free Report) last announced its earnings results on Tuesday, February 4th. The asset manager reported $1.05 EPS 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, analysts expect that Artisan Partners Asset Management Inc. will post 3.6 EPS for the current year.

Artisan Partners Asset Management Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 4.97%. Artisan Partners Asset Management's dividend payout ratio (DPR) is currently 92.31%.

Analyst Upgrades and Downgrades

APAM has been the subject of several research reports. Royal Bank of Canada dropped their target price on Artisan Partners Asset Management from $53.00 to $51.00 and set an "outperform" rating for the company in a research report on Monday, February 3rd. StockNews.com upgraded shares of Artisan Partners Asset Management from a "hold" rating to a "buy" rating in a report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $44.38.

Artisan Partners Asset Management Company Profile

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.

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