Hennion & Walsh Asset Management Inc. 增加了Artisan Partners资产管理公司（纽约证券交易所代码：APAM）的股票头寸

Hennion & Walsh Asset Management Inc. grew its stake in shares of Artisan Partners Asset Management Inc. (NYSE:APAM – Get Rating) by 26.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,206 shares of the asset manager's stock after acquiring an additional 6,663 shares during the quarter. Hennion & Walsh Asset Management Inc.'s holdings in Artisan Partners Asset Management were worth $957,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. RDA Financial Network purchased a new position in shares of Artisan Partners Asset Management in the fourth quarter worth approximately $277,000. Richard P Slaughter Associates Inc boosted its holdings in shares of Artisan Partners Asset Management by 6.6% in the fourth quarter. Richard P Slaughter Associates Inc now owns 56,374 shares of the asset manager's stock worth $1,674,000 after buying an additional 3,505 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Artisan Partners Asset Management by 4.4% in the third quarter. Bank of New York Mellon Corp now owns 865,767 shares of the asset manager's stock worth $23,314,000 after buying an additional 36,163 shares during the last quarter. Toroso Investments LLC purchased a new position in shares of Artisan Partners Asset Management in the third quarter worth approximately $1,042,000. Finally, FourThought Financial LLC boosted its holdings in shares of Artisan Partners Asset Management by 34.9% in the third quarter. FourThought Financial LLC now owns 1,206 shares of the asset manager's stock worth $32,000 after buying an additional 312 shares during the last quarter. Hedge funds and other institutional investors own 82.53% of the company's stock.

Insider Activity

In other news, EVP Samuel Bentson Sellers sold 9,790 shares of Artisan Partners Asset Management stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $36.11, for a total transaction of $353,516.90. Following the sale, the executive vice president now owns 15,568 shares in the company, valued at $562,160.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 19.52% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on APAM. Keefe, Bruyette & Woods raised their price objective on shares of Artisan Partners Asset Management from $35.00 to $37.00 and gave the stock a "market perform" rating in a report on Thursday, February 2nd. The Goldman Sachs Group downgraded shares of Artisan Partners Asset Management from a "neutral" rating to a "sell" rating and dropped their price objective for the stock from $33.00 to $27.00 in a report on Monday, March 6th. StockNews.com began coverage on shares of Artisan Partners Asset Management in a report on Thursday, March 16th. They set a "hold" rating on the stock. Royal Bank of Canada lifted their price target on shares of Artisan Partners Asset Management from $35.00 to $39.00 and gave the company an "outperform" rating in a report on Tuesday, January 31st. Finally, Credit Suisse Group lifted their price target on shares of Artisan Partners Asset Management from $29.50 to $30.00 and gave the company a "neutral" rating in a report on Thursday, February 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Artisan Partners Asset Management currently has a consensus rating of "Hold" and an average target price of $34.08.

Artisan Partners Asset Management Trading Up 1.2 %

Artisan Partners Asset Management stock opened at $30.54 on Friday. The stock has a market cap of $2.43 billion, a P/E ratio of 10.42 and a beta of 1.83. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.55 and a quick ratio of 0.55. Artisan Partners Asset Management Inc. has a 1 year low of $25.67 and a 1 year high of $40.68. The firm's 50 day moving average price is $33.98 and its 200-day moving average price is $32.07.

Artisan Partners Asset Management (NYSE:APAM – Get Rating) last released its quarterly earnings data on Wednesday, February 1st. The asset manager reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.03. The firm had revenue of $226.00 million for the quarter, compared to analysts' expectations of $222.60 million. Artisan Partners Asset Management had a net margin of 20.82% and a return on equity of 96.97%. The company's revenue for the quarter was down 28.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 earnings per share. On average, equities analysts predict that Artisan Partners Asset Management Inc. will post 2.57 earnings per share for the current fiscal year.

Artisan Partners Asset Management Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 28th. Stockholders of record on Tuesday, February 14th were given a dividend of $0.90 per share. The ex-dividend date was Monday, February 13th. This represents a $3.60 annualized dividend and a dividend yield of 11.79%. This is a boost from Artisan Partners Asset Management's previous quarterly dividend of $0.56. Artisan Partners Asset Management's dividend payout ratio (DPR) is presently 75.09%.

Artisan Partners Asset Management Company Profile

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Artisan Partners Asset Management, Inc operates as an investment management company, which provides investment strategies to clients globally. It offers investment management services to institutions and through intermediaries that operate with institutional-like decision-making processes and have longer-term investment horizons, by means of separate accounts and mutual funds.

Further Reading

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