SG Americas Securities LLC acquired a new position in shares of Artisan Partners Asset Management Inc (NYSE:APAM) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,880 shares of the asset manager’s stock, valued at approximately $192,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp increased its position in Artisan Partners Asset Management by 63.7% in the second quarter. State Street Corp now owns 1,037,204 shares of the asset manager’s stock worth $31,842,000 after buying an additional 403,737 shares during the period. Northern Trust Corp increased its position in Artisan Partners Asset Management by 93.6% in the second quarter. Northern Trust Corp now owns 734,735 shares of the asset manager’s stock worth $22,556,000 after buying an additional 355,272 shares during the period. Teachers Advisors LLC increased its position in Artisan Partners Asset Management by 686.1% in the second quarter. Teachers Advisors LLC now owns 337,536 shares of the asset manager’s stock worth $10,362,000 after buying an additional 294,599 shares during the period. Vanguard Group Inc. increased its position in Artisan Partners Asset Management by 5.3% in the second quarter. Vanguard Group Inc. now owns 3,967,953 shares of the asset manager’s stock worth $121,816,000 after buying an additional 200,446 shares during the period. Finally, Capital World Investors increased its position in Artisan Partners Asset Management by 34.3% in the second quarter. Capital World Investors now owns 705,000 shares of the asset manager’s stock worth $21,644,000 after buying an additional 180,000 shares during the period. Hedge funds and other institutional investors own 63.47% of the company’s stock.

APAM has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and set a $40.00 price target on shares of Artisan Partners Asset Management in a report on Friday. Zacks Investment Research raised Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. BidaskClub raised Artisan Partners Asset Management from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Jefferies Group reissued a “hold” rating and set a $32.00 price target on shares of Artisan Partners Asset Management in a report on Tuesday, September 26th. Finally, Royal Bank of Canada set a $41.00 price target on Artisan Partners Asset Management and gave the company a “buy” rating in a report on Friday, December 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Artisan Partners Asset Management has an average rating of “Hold” and a consensus price target of $33.64.

Artisan Partners Asset Management Inc (NYSE:APAM) opened at $39.70 on Friday. The stock has a market capitalization of $3,003.83, a PE ratio of 21.46, a P/E/G ratio of 1.72 and a beta of 1.83. Artisan Partners Asset Management Inc has a fifty-two week low of $26.30 and a fifty-two week high of $40.65. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.27.

Artisan Partners Asset Management (NYSE:APAM) last released its earnings results on Tuesday, October 31st. The asset manager reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The firm had revenue of $204.60 million for the quarter, compared to analyst estimates of $204.53 million. Artisan Partners Asset Management had a return on equity of 95.09% and a net margin of 12.58%. Artisan Partners Asset Management’s revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.56 earnings per share. analysts anticipate that Artisan Partners Asset Management Inc will post 2.42 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend was Wednesday, November 15th. Artisan Partners Asset Management’s payout ratio is currently 129.73%.

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About Artisan Partners Asset Management

Artisan Partners Asset Management Inc is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, each of which is managed by one of its investment teams. The Company provides investment management services to separate accounts, mutual funds and other pooled investment vehicles.

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Institutional Ownership by Quarter for Artisan Partners Asset Management (NYSE:APAM)

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