Artisan Partners Asset Management Inc. (NYSE:APAM) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of Artisan Partners Asset Management Inc. (NYSE:APAM - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 316,154 shares of the asset manager's stock after acquiring an additional 7,782 shares during the quarter. Natixis Advisors LLC owned about 0.39% of Artisan Partners Asset Management worth $13,610,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Geode Capital Management LLC boosted its position in Artisan Partners Asset Management by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,775,314 shares of the asset manager's stock worth $76,920,000 after purchasing an additional 82,868 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Artisan Partners Asset Management by 3.3% in the 4th quarter. Principal Financial Group Inc. now owns 341,336 shares of the asset manager's stock worth $14,695,000 after acquiring an additional 10,802 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Artisan Partners Asset Management in the 4th quarter worth $255,000. Jennison Associates LLC increased its position in shares of Artisan Partners Asset Management by 60.8% during the 4th quarter. Jennison Associates LLC now owns 42,759 shares of the asset manager's stock worth $1,841,000 after purchasing an additional 16,166 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Artisan Partners Asset Management by 18.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 50,592 shares of the asset manager's stock worth $2,225,000 after purchasing an additional 7,966 shares during the last quarter. Institutional investors and hedge funds own 86.45% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on APAM shares. StockNews.com raised Artisan Partners Asset Management from a "hold" rating to a "buy" rating in a research report on Tuesday, March 18th. Royal Bank of Canada decreased 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 note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $44.38.

Artisan Partners Asset Management Stock Performance

NYSE APAM traded down $0.18 on Friday, reaching $40.24. The stock had a trading volume of 1,351,802 shares, compared to its average volume of 419,974. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.73 and a current ratio of 0.56. Artisan Partners Asset Management Inc. has a 12-month low of $37.89 and a 12-month high of $49.54. The business's 50-day moving average price is $42.71 and its 200 day moving average price is $43.91. The stock has a market cap of $3.23 billion, a P/E ratio of 11.05 and a beta of 1.83.

Artisan Partners Asset Management (NYSE:APAM - Get Free Report) last released its earnings results on Tuesday, February 4th. The asset manager reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, equities 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 announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.97%. The ex-dividend date was Friday, February 14th. Artisan Partners Asset Management's 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.