Artisan Partners Asset Management Inc. (NYSE:APAM) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in shares of Artisan Partners Asset Management Inc. (NYSE:APAM - Free Report) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,772,632 shares of the asset manager's stock after buying an additional 128,717 shares during the quarter. Charles Schwab Investment Management Inc. owned about 3.45% of Artisan Partners Asset Management worth $119,362,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Atria Investments Inc raised its position in shares of Artisan Partners Asset Management by 6.0% during the 3rd quarter. Atria Investments Inc now owns 17,993 shares of the asset manager's stock valued at $779,000 after acquiring an additional 1,023 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of Artisan Partners Asset Management by 7.1% during the third quarter. State of New Jersey Common Pension Fund D now owns 47,318 shares of the asset manager's stock worth $2,050,000 after purchasing an additional 3,136 shares during the period. Versor Investments LP lifted its position in shares of Artisan Partners Asset Management by 125.4% in the 3rd quarter. Versor Investments LP now owns 14,921 shares of the asset manager's stock worth $646,000 after buying an additional 8,300 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Artisan Partners Asset Management by 6.7% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 6,461 shares of the asset manager's stock valued at $280,000 after buying an additional 406 shares during the period. Finally, GSA Capital Partners LLP grew its position in shares of Artisan Partners Asset Management by 71.3% during the 3rd quarter. GSA Capital Partners LLP now owns 11,378 shares of the asset manager's stock valued at $493,000 after buying an additional 4,736 shares during the last quarter. Institutional investors own 86.45% of the company's stock.

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Analyst Upgrades and Downgrades

APAM has been the topic of a number of recent research reports. StockNews.com cut shares of Artisan Partners Asset Management from a "buy" rating to a "hold" rating in a report on Monday. Royal Bank of Canada dropped their price objective on shares of Artisan Partners Asset Management from $53.00 to $51.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $44.38.

Artisan Partners Asset Management Price Performance

NYSE APAM traded down $1.12 on Wednesday, reaching $38.74. 490,939 shares of the stock traded hands, compared to its average volume of 518,453. Artisan Partners Asset Management Inc. has a 12 month low of $37.89 and a 12 month high of $49.54. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 10.66 and a beta of 1.83. The firm's fifty day simple moving average is $43.06 and its 200 day simple moving average is $44.02. The company has a quick ratio of 0.73, a current ratio of 0.56 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%. As a group, research analysts predict that Artisan Partners Asset Management Inc. will post 3.6 EPS for the current fiscal year.

Artisan Partners Asset Management Cuts Dividend

The firm 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 of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 5.16%. Artisan Partners Asset Management's dividend payout ratio is currently 92.31%.

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.