Artisan Partners Asset Management Inc. (NYSE:APAM) Shares Bought by Natixis Advisors L.P.

Natixis Advisors L.P. boosted its stake in shares of Artisan Partners Asset Management Inc. (NYSE:APAM) by 33.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 167,010 shares of the asset manager’s stock after purchasing an additional 41,599 shares during the quarter. Natixis Advisors L.P.’s holdings in Artisan Partners Asset Management were worth $7,378,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APAM. Commonwealth Equity Services LLC boosted its stake in Artisan Partners Asset Management by 5.2% during the third quarter. Commonwealth Equity Services LLC now owns 8,097 shares of the asset manager’s stock worth $303,000 after buying an additional 397 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Artisan Partners Asset Management by 10.5% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 6,261 shares of the asset manager’s stock valued at $234,000 after purchasing an additional 597 shares during the period. New York State Teachers Retirement System raised its position in Artisan Partners Asset Management by 27.6% in the third quarter. New York State Teachers Retirement System now owns 31,613 shares of the asset manager’s stock valued at $1,183,000 after purchasing an additional 6,843 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Artisan Partners Asset Management by 14.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,984 shares of the asset manager’s stock valued at $448,000 after purchasing an additional 1,531 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Artisan Partners Asset Management by 10.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,778 shares of the asset manager’s stock valued at $1,301,000 after purchasing an additional 3,334 shares during the period. Institutional investors and hedge funds own 86.45% of the company’s stock.

Artisan Partners Asset Management Price Performance

APAM stock opened at $44.85 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $3.60 billion, a PE ratio of 13.67 and a beta of 1.85. Artisan Partners Asset Management Inc. has a 12-month low of $31.41 and a 12-month high of $46.75. The business’s fifty day moving average price is $43.75 and its 200 day moving average price is $41.51.

Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings data on Wednesday, April 24th. The asset manager reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.03). The firm had revenue of $264.40 million during the quarter, compared to analysts’ expectations of $270.90 million. Artisan Partners Asset Management had a net margin of 22.99% and a return on equity of 72.77%. Artisan Partners Asset Management’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 EPS. On average, sell-side analysts anticipate that Artisan Partners Asset Management Inc. will post 3.38 EPS for the current year.

Artisan Partners Asset Management Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a $0.61 dividend. The ex-dividend date is Thursday, May 16th. This represents a $2.44 annualized dividend and a dividend yield of 5.44%. Artisan Partners Asset Management’s dividend payout ratio is presently 74.39%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research report on Sunday, March 17th.

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.