Nisa Investment Advisors LLC Has $1.24 Million Stock Holdings in Artisan Partners Asset Management Inc. (NYSE:APAM)

Nisa Investment Advisors LLC lessened its stake in shares of Artisan Partners Asset Management Inc. (NYSE:APAM - Free Report) by 17.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,742 shares of the asset manager's stock after selling 6,000 shares during the period. Nisa Investment Advisors LLC's holdings in Artisan Partners Asset Management were worth $1,237,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Aviance Capital Partners LLC lifted its position in shares of Artisan Partners Asset Management by 0.9% in the third quarter. Aviance Capital Partners LLC now owns 31,415 shares of the asset manager's stock valued at $1,361,000 after buying an additional 286 shares during the last quarter. Hexagon Capital Partners LLC lifted its holdings in Artisan Partners Asset Management by 41.8% during the 3rd 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 last quarter. GAMMA Investing LLC boosted 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 worth $64,000 after purchasing an additional 350 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of Artisan Partners Asset Management by 6.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 6,461 shares of the asset manager's stock valued at $280,000 after purchasing an additional 406 shares during the last quarter. Finally, KBC Group NV raised its position in shares of Artisan Partners Asset Management by 22.9% in the third quarter. KBC Group NV now owns 2,218 shares of the asset manager's stock valued at $96,000 after purchasing an additional 413 shares during the period. 86.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

APAM has been the topic of a number of research reports. TD Cowen upped their price target on shares of Artisan Partners Asset Management from $41.00 to $43.00 and gave the company a "hold" rating in a research note on Thursday, October 31st. Evercore ISI increased their target price on Artisan Partners Asset Management from $40.00 to $44.00 and gave the stock an "in-line" rating in a research note on Thursday, November 7th. The Goldman Sachs Group reduced 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, StockNews.com raised Artisan Partners Asset Management from a "hold" rating to a "buy" rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $44.13.

Artisan Partners Asset Management Price Performance

NYSE APAM traded up $0.16 on Friday, hitting $44.77. 221,706 shares of the company's stock were exchanged, compared to its average volume of 412,030. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.49. Artisan Partners Asset Management Inc. has a 52 week low of $37.89 and a 52 week high of $49.54. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 12.48 and a beta of 1.80. The stock has a 50-day moving average of $44.92 and a 200-day moving average of $43.61.

Artisan Partners Asset Management (NYSE:APAM - Get Free Report) last released its earnings results on Tuesday, October 29th. The asset manager reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. Artisan Partners Asset Management had a return on equity of 71.50% and a net margin of 23.95%. The firm had revenue of $279.60 million for the quarter, compared to analysts' expectations of $279.70 million. During the same quarter in the previous year, the business posted $0.75 earnings per share. The business's revenue for the quarter was up 12.4% on a year-over-year basis. Analysts expect that Artisan Partners Asset Management Inc. will post 3.47 earnings per share for the current year.

Artisan Partners Asset Management 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.