Jackson Creek Investment Advisors LLC Takes Position in Artisan Partners Asset Management Inc. $APAM

Jackson Creek Investment Advisors LLC acquired a new stake in Artisan Partners Asset Management Inc. (NYSE:APAM) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 37,159 shares of the asset manager’s stock, valued at approximately $1,613,000.

Several other hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its holdings in Artisan Partners Asset Management by 1.2% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,976,151 shares of the asset manager’s stock valued at $131,933,000 after buying an additional 35,589 shares in the last quarter. State Street Corp increased its holdings in shares of Artisan Partners Asset Management by 0.4% during the 2nd quarter. State Street Corp now owns 2,769,107 shares of the asset manager’s stock valued at $122,755,000 after acquiring an additional 12,356 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Artisan Partners Asset Management by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,889,436 shares of the asset manager’s stock valued at $83,768,000 after acquiring an additional 25,426 shares in the last quarter. Channing Capital Management LLC lifted its holdings in Artisan Partners Asset Management by 0.8% in the 2nd quarter. Channing Capital Management LLC now owns 1,739,034 shares of the asset manager’s stock worth $77,091,000 after purchasing an additional 13,329 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in Artisan Partners Asset Management by 1.6% in the 2nd quarter. Fisher Asset Management LLC now owns 1,479,497 shares of the asset manager’s stock worth $65,586,000 after purchasing an additional 23,076 shares during the last quarter. 86.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on APAM shares. Evercore ISI increased their price target on Artisan Partners Asset Management from $43.00 to $44.00 and gave the company an “in-line” rating in a report on Thursday, October 30th. Zacks Research lowered shares of Artisan Partners Asset Management from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. TD Cowen reiterated a “hold” rating on shares of Artisan Partners Asset Management in a report on Wednesday, December 10th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Artisan Partners Asset Management in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Artisan Partners Asset Management currently has an average rating of “Hold” and an average price target of $44.25.

Artisan Partners Asset Management Trading Up 1.9%

APAM stock opened at $45.37 on Tuesday. Artisan Partners Asset Management Inc. has a 1-year low of $32.75 and a 1-year high of $48.50. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average is $42.48 and its 200-day moving average is $44.02. The firm has a market cap of $3.66 billion, a P/E ratio of 12.40 and a beta of 1.76.

Artisan Partners Asset Management Profile

Artisan Partners Asset Management Inc is a global investment management firm that specializes in active, fundamental research-driven strategies across a range of equity, fixed income and alternative asset classes. Founded in 1994 by Andrew Ziegler, the company has built a reputation for its team-based approach to portfolio construction, emphasizing deep sector expertise and independent analysis. Its product lineup includes U.S. and international equity strategies, global emerging markets, as well as credit and multisector fixed income offerings.

Artisan Partners serves a diverse client base that spans institutional investors, intermediaries and high-net-worth individuals located in North America, Europe and Asia.