Artisan Partners Asset Management Inc. (NYSE:APAM) Shares Bought by Trexquant Investment LP

Trexquant Investment LP boosted its position in shares of Artisan Partners Asset Management Inc. (NYSE:APAM - Free Report) by 24.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,402 shares of the asset manager's stock after purchasing an additional 13,804 shares during the quarter. Trexquant Investment LP owned about 0.09% of Artisan Partners Asset Management worth $3,031,000 as of its most recent filing with the Securities & Exchange Commission.

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

Artisan Partners Asset Management Stock Up 1.4 %

Shares of APAM traded up $0.49 during midday trading on Friday, hitting $35.50. 533,501 shares of the company's stock traded hands, compared to its average volume of 459,815. The company has a current ratio of 0.56, a quick ratio of 0.73 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 9.75 and a beta of 1.80. Artisan Partners Asset Management Inc. has a 1 year low of $32.75 and a 1 year high of $49.54. The firm's fifty day moving average is $40.75 and its 200-day moving average is $43.47.

Artisan Partners Asset Management (NYSE:APAM - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.05 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, sell-side analysts anticipate 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. Shareholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 5.63%. The ex-dividend date was Friday, February 14th. Artisan Partners Asset Management's dividend payout ratio is presently 92.31%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. StockNews.com downgraded shares of Artisan Partners Asset Management from a "buy" rating to a "hold" rating in a research note on Tuesday. Royal Bank of Canada decreased their price objective 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. Evercore ISI cut their target price on Artisan Partners Asset Management from $40.00 to $33.00 and set an "in-line" rating on the stock in a research note on Friday. Finally, TD Cowen reduced their target price on shares of Artisan Partners Asset Management from $46.00 to $35.00 and set a "hold" rating for the company in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $39.63.

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.