Artisan Partners Asset Management Company Profile (NYSE:APAM)

About Artisan Partners Asset Management

Artisan Partners Asset Management logoArtisan Partners Asset Management Inc. is an investment management firm focused on providing investment strategies to clients around the global. The Company's operations are conducted through Artisan Partners Holdings LP and its subsidiaries. It operates in the investment management industry. The Company provides investment management services to separate accounts and mutual funds, and other pooled investment vehicles. The Company has over seven autonomous investment teams that manage a range of the United States, non-United States and global investment strategies. The Company provides its clients with multiple long-only, equity investment strategies spanning market capitalization segments and investing styles in both the United States and non-United States markets. It also offers a fixed income strategy, the Artisan High Income strategy.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: APAM
  • CUSIP:
Key Metrics:
  • Previous Close: $29.50
  • 50 Day Moving Average: $29.36
  • 200 Day Moving Average: $28.31
  • 52-Week Range: $43,385,000.00 - $24.48
  • Trailing P/E Ratio: 18.51
  • Foreward P/E Ratio: 13.66
  • P/E Growth: 3.40
  • Market Cap: $1.26B
  • Outstanding Shares: 43,385,000
  • Beta: 1.77
Profitability:
  • Net Margins: 10.13%
  • Return on Equity: 130.11%
  • Return on Assets: 15.41%
Debt:
  • Debt-to-Equity Ratio: 1.66%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
Additional Links:
Companies Related to Artisan Partners Asset Management:

Analyst Ratings

Consensus Ratings for Artisan Partners Asset Management (NYSE:APAM) (?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $28.06 (3.57% downside)

Analysts' Ratings History for Artisan Partners Asset Management (NYSE:APAM)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017Citigroup Inc.Boost Price TargetNeutral$27.00 -> $27.50View Rating Details
1/10/2017Jefferies Group LLCSet Price TargetHold$28.00View Rating Details
1/4/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$29.00 -> $26.00View Rating Details
11/7/2016Credit Suisse GroupReiterated RatingHold$21.00View Rating Details
10/15/2016Keefe, Bruyette & WoodsSet Price TargetHold$29.00View Rating Details
7/25/2016RBC Capital MarketsDowngradeOutperform -> Sector Perform$38.00 -> $31.00View Rating Details
7/25/2016Royal Bank of CanadaDowngradeOutperform -> Sector Perform$38.00 -> $31.00View Rating Details
6/28/2016Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
4/12/2016Sandler O'NeillBoost Price Target$29.00 -> $31.00View Rating Details
10/21/2015William BlairReiterated RatingMarket PerformView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Artisan Partners Asset Management (NYSE:APAM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/6/2017Q4 2016$0.52$0.53$182.95 million$181.50 millionViewListenView Earnings Details
10/31/2016Q3$0.56$0.56$182.31 million$184.10 millionViewN/AView Earnings Details
7/25/2016Q216$0.57$0.53$181.65 million$180.80 millionViewN/AView Earnings Details
4/25/2016Q116$0.52$0.51$175.95 million$174.50 millionViewListenView Earnings Details
2/9/2016Q415$0.64$0.63$189.73 million$192.00 millionViewListenView Earnings Details
10/26/2015Q3$0.69$0.67$200.44 million$198.40 millionViewListenView Earnings Details
7/28/2015Q2$0.74$0.74$208.07 million$211.50 millionViewListenView Earnings Details
4/28/2015Q115$0.68$0.65$205.48 million$203.60 millionViewListenView Earnings Details
2/2/2015Q414$0.78$0.76$208.50 million$206.00 millionViewListenView Earnings Details
10/27/2014Q3$0.82$0.79$214.60 million$212.40 millionViewListenView Earnings Details
7/21/2014Q214$0.82$0.84$211.40 million$208.50 millionViewListenView Earnings Details
4/29/2014Q114$0.75$0.78$200.84 million$201.80 millionViewListenView Earnings Details
2/4/2014Q4$0.76$0.77$196.37 millionViewListenView Earnings Details
10/28/2013Q313$0.65$0.67$171.27 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Artisan Partners Asset Management (NYSE:APAM)
Current Year EPS Consensus Estimate: $2.05 EPS
Next Year EPS Consensus Estimate: $2.13 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.60$0.60$0.60
Q2 20161$0.65$0.65$0.65
Q3 20161$0.69$0.69$0.69
Q4 20161$0.72$0.72$0.72
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Artisan Partners Asset Management (NYSE:APAM)
Annual Dividend:$2.40
Dividend Yield:8.25%
Dividend Growth:40.80% (3 Year Average)
Payout Ratio:153.85% (Based on Trailing 12 Months of Earnings)
117.07% (Based on Current Year Consensus EPS Estimate)
112.68% (Based on Next Year Consensus EPS Estimate)

Dividend History for Artisan Partners Asset Management (NYSE:APAM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/30/2017quarterly$0.608.33%2/10/20172/14/20172/28/2017
10/26/2016Quarterly$0.6011/14/201611/16/201611/30/2016
7/21/2016Quarterly$0.608/15/20168/17/20168/31/2016
4/21/2016Quarterly$0.605/13/20165/17/20165/31/2016
1/27/2016$1.002/10/20162/12/20162/29/2016
10/22/2015Quarterly$0.6011/12/201511/16/201511/30/2015
7/23/2015$0.608/13/20158/17/20158/31/2015
4/23/2015quarterly$0.605.21%5/13/20155/15/20155/29/2015
2/2/2015quarterly$0.605%2/11/20152/13/20152/27/2015
10/15/2014quarterly$0.554.56%11/12/201411/14/201411/28/2014
7/15/2014quarterly$0.554.13%8/13/20148/15/20148/29/2014
4/22/2014quarterly$0.553.77%5/14/20145/16/20145/30/2014
2/5/2014special$1.633.6%2/12/20142/14/20142/28/2014
2/3/2014quarterly$0.553.63%2/12/20142/14/20142/28/2014
10/22/2013quarterly$0.433%11/6/201311/11/201311/26/2013
7/18/2013special$0.438/8/20138/12/20138/26/2013
7/17/2013quarterly$0.438/12/20138/26/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Artisan Partners Asset Management (NYSE:APAM)
Insider Ownership Percentage: 40.29%
Institutional Ownership Percentage: 57.13%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/30/2016Stephanie DimarcoDirectorBuy1,078$38.95$41,988.10View SEC Filing  
9/10/2015Seth W BrennanDirectorBuy12,500$39.08$488,500.00View SEC Filing  
8/17/2015Charles J Daley JrCFOSell5,000$46.37$231,850.00View SEC Filing  
8/17/2015Stephanie DimarcoDirectorBuy14,197$46.30$657,321.10View SEC Filing  
8/14/2015Stephanie DimarcoDirectorBuy35,803$46.49$1,664,481.47View SEC Filing  
9/26/2014Tench CoxeDirectorSell51,231$52.01$2,664,524.31View SEC Filing  
8/27/2014Tench CoxeDirectorSell503,308$56.44$28,406,703.52View SEC Filing  
8/26/2014Tench CoxeDirectorSell275,625$56.49$15,570,056.25View SEC Filing  
8/25/2014Tench CoxeDirectorSell179,824$56.48$10,156,459.52View SEC Filing  
6/12/2014Hellman & Friedman LlcDirectorSell1,836,898$55.12$101,249,817.76View SEC Filing  
3/12/2013Jeffrey A JoerresDirectorBuy3,500$30.00$105,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Artisan Partners Asset Management (NYSE:APAM)
DateHeadline
seekingalpha.com logoArtisan Partners Asset Management plans to offer common stock (NYSE:APAM)
seekingalpha.com - February 23 at 3:34 PM
reuters.com logoBRIEF-ARTISAN PARTNERS ASSET MANAGEMENT ANNOUNCES OFFERING OF CLASS A COMMON STOCK (NYSE:APAM)
www.reuters.com - February 22 at 8:36 PM
globenewswire.com logoArtisan Partners Asset Management Inc. Announces Offering of Class A Common Stock (NYSE:APAM)
www.globenewswire.com - February 22 at 8:36 PM
streetinsider.com logoArtisan Partners Asset Management (APAM) to Offer 5.63M Shares of Class A Common Stock (NYSE:APAM)
www.streetinsider.com - February 22 at 8:36 PM
finance.yahoo.com logoDoes Artisan Partners Offer a Good Value Buying Opportunity? (NYSE:APAM)
finance.yahoo.com - February 16 at 8:28 AM
seekingalpha.com logoArtisan Partners Asset Management Reports January AUM (NYSE:APAM)
seekingalpha.com - February 10 at 4:01 PM
globenewswire.com logoArtisan Partners Asset Management Inc. Reports January 2017 Assets Under Management (NYSE:APAM)
globenewswire.com - February 9 at 8:39 PM
capitalcube.com logoArtisan Partners Asset Management, Inc. :APAM-US: Earnings Analysis: Q4, 2016 By the Numbers : February 9, 2017 (NYSE:APAM)
www.capitalcube.com - February 9 at 3:38 PM
nasdaq.com logoEx-Dividend Reminder: Simon Property Group, Artisan Partners Asset Management and FirstCash (NYSE:APAM)
www.nasdaq.com - February 8 at 8:51 PM
capitalcube.com logoArtisan Partners Asset Management, Inc. breached its 50 day moving average in a Bullish Manner : APAM-US : February 8, 2017 (NYSE:APAM)
www.capitalcube.com - February 8 at 3:49 PM
capitalcube.com logoArtisan Partners Asset Management, Inc. :APAM-US: Earnings Analysis: 2016 By the Numbers : February 8, 2017 (NYSE:APAM)
www.capitalcube.com - February 8 at 3:48 PM
finance.yahoo.com logoEdited Transcript of APAM earnings conference call or presentation 7-Feb-17 5:00pm GMT (NYSE:APAM)
finance.yahoo.com - February 8 at 2:08 AM
seekingalpha.com logoArtisan Partners Asset Management's (APAM) CEO Eric Colson on Q4 2016 Results - Earnings Call Transcript (NYSE:APAM)
seekingalpha.com - February 7 at 9:06 PM
us.rd.yahoo.com logoArtisan Partners Asset Management Inc. Reports Quarter and Year Ended December 31, 2016 Results (NYSE:APAM)
us.rd.yahoo.com - February 7 at 4:05 PM
streetinsider.com logoArtisan Partners Asset Management (APAM) Tops Q4 EPS by 1c (NYSE:APAM)
www.streetinsider.com - February 6 at 8:36 PM
finance.yahoo.com logoArtisan Partners Asset Management Inc. Reports Quarter and Year Ended December ... (NYSE:APAM)
finance.yahoo.com - February 6 at 8:36 PM
sg.finance.yahoo.com logoArtisan Partners beats 4Q profit forecasts (NYSE:APAM)
sg.finance.yahoo.com - February 6 at 8:36 PM
biz.yahoo.com logoQ4 2016 Artisan Partners Asset Management Inc Earnings Release - After Market Close (NYSE:APAM)
us.rd.yahoo.com - February 6 at 3:34 PM
nasdaq.com logoChanning Capital Management, LLC Buys Banner, Artisan Partners Asset Management, First Horizon ... (NYSE:APAM)
www.nasdaq.com - January 31 at 8:47 PM
streetinsider.com logoArtisan Partners Asset Management (APAM) Declares $0.36 Special Dividend; 1.3% Yield (NYSE:APAM)
www.streetinsider.com - January 27 at 9:25 PM
globenewswire.com logoArtisan Partners Asset Management Inc. to Announce 4Q16 and Full-Year Results ... (NYSE:APAM)
globenewswire.com - January 27 at 9:25 PM
feeds.benzinga.com logoArtisan Partners Asset Management Inc. Declares Quarterly and Special Annual Dividend (NYSE:APAM)
feeds.benzinga.com - January 27 at 5:28 PM
finance.yahoo.com logoArtisan Partners Asset Management Inc. to Announce 4Q16 and Full-Year Results on February 6, 2017 (NYSE:APAM)
finance.yahoo.com - January 26 at 8:56 PM
capitalcube.com logoETFs with exposure to Artisan Partners Asset Management, Inc. : January 17, 2017 (NYSE:APAM)
www.capitalcube.com - January 17 at 4:16 PM
realistinvestor.com logoArtisan Partners Asset Management Inc. (NYSE:APAM) EPS Estimate At $0.56 (NYSE:APAM)
www.realistinvestor.com - January 14 at 2:12 AM
capitalcube.com logoArtisan Partners Asset Management, Inc. breached its 50 day moving average in a Bearish Manner : APAM-US : January 13, 2017 (NYSE:APAM)
www.capitalcube.com - January 13 at 4:02 PM
capitalcube.com logoArtisan Partners Asset Management, Inc. : APAM-US: Dividend Analysis : November 16th, 2016 (record date) : By the numbers : January 12, 2017 (NYSE:APAM)
www.capitalcube.com - January 12 at 3:36 PM
us.rd.yahoo.com logoArtisan Partners Asset Management Inc. Reports December 2016 Assets Under Management (NYSE:APAM)
us.rd.yahoo.com - January 11 at 8:50 PM
feeds.reuters.com logoBRIEF-Artisan Partners Asset Management reports assets under management (NYSE:APAM)
feeds.reuters.com - January 11 at 5:25 PM
marketexclusive.com logoAnalyst Downgrades – Artisan Partners Asset Management (NYSE:APAM) Stock Gets Downgraded By Goldman Sachs Group, Inc. (The) from Neutral to Sell (NYSE:APAM)
marketexclusive.com - January 4 at 3:41 PM
finance.yahoo.com logoArtisan Partners Asset Mgmt downgraded by Goldman (NYSE:APAM)
finance.yahoo.com - January 4 at 3:41 PM
forbes.com logoAPAM Dividend Yield Pushes Above 8% (NYSE:APAM)
www.forbes.com - December 28 at 8:31 PM
realistinvestor.com logoArtisan Partners Asset Management Inc. (NYSE:APAM) EPS Prediction At $0.64 (NYSE:APAM)
www.realistinvestor.com - December 23 at 3:39 PM
News IconAsset Management Stocks on Investors' Radar -- KKR & Co., State Street, Artisan Partners Asset Management, and Carlyle (NYSE:APAM)
www.kswo.com - December 15 at 4:01 PM
insidermonkey.com logoIs Artisan Partners Asset Management Inc (APAM) Going To Burn These Hedge Funds? (NYSE:APAM)
www.insidermonkey.com - December 15 at 4:01 PM
marketexclusive.com logoArtisan Partners Asset Management Inc. (BME:APAM) Files An 8-K Other Events (NYSE:APAM)
marketexclusive.com - December 14 at 3:57 PM
us.rd.yahoo.com logo4:23 pm Artisan Partners Asset Mgmt reports Nov-end AUM of $97.2 bln vs $96.5 bln prior month (NYSE:APAM)
us.rd.yahoo.com - December 9 at 8:39 PM
us.rd.yahoo.com logoArtisan Partners Asset Management Inc. Reports November 2016 Assets Under Management (NYSE:APAM)
us.rd.yahoo.com - December 9 at 8:39 PM
stocksdaily.net logoArtisan Partners Asset Management Inc. (NYSE:APAM) Ratings in Focus (NYSE:APAM)
www.stocksdaily.net - December 8 at 8:49 PM
stocksdaily.net logoAnalysts Have EPS Target Of $0.54 For Artisan Partners Asset Management Inc. (NYSE:APAM) (NYSE:APAM)
www.stocksdaily.net - November 21 at 9:47 PM
publicnow.com logoArtisan Partners Asset Management Inc. Announces Updates on the Artisan U.S. Mid-Cap Value Strategy and Artisan Global Small-Cap Growth Strategy (NYSE:APAM)
www.publicnow.com - November 18 at 9:16 PM
nasdaq.com logoArtisan Partners Asset Management Reaches Analyst Target Price (NYSE:APAM)
www.nasdaq.com - November 16 at 12:56 PM
capitalcube.com logoETFs with exposure to Artisan Partners Asset Management, Inc. : November 15, 2016 (NYSE:APAM)
www.capitalcube.com - November 15 at 3:39 PM
capitalcube.com logoArtisan Partners Asset Management, Inc. breached its 50 day moving average in a Bullish Manner : APAM-US : November 14, 2016 (NYSE:APAM)
www.capitalcube.com - November 14 at 10:49 AM
publicnow.com logoArtisan Partners Asset Management Inc. Reports October 2016 Assets Under Management (NYSE:APAM)
www.publicnow.com - November 9 at 10:05 PM
realistinvestor.com logoEPS Of $0.5467 Predicted For Artisan Partners Asset Management Inc. (NYSE:APAM) (NYSE:APAM)
www.realistinvestor.com - November 4 at 8:55 PM
thestreet.com logoArtisan Partners Asset Management is Oversold (NYSE:APAM)
www.thestreet.com - November 2 at 12:39 PM
seekingalpha.com logoArtisan Partners Asset Management's (APAM) CEO Eric Colson on Q3 2016 Results - Earnings Call Transcript (NYSE:APAM)
seekingalpha.com - November 1 at 8:59 PM
nasdaq.com logoArtisan Partners Asset Management Inc. Reports 3Q16 Results (NYSE:APAM)
www.nasdaq.com - November 1 at 8:59 PM
sg.finance.yahoo.com logoArtisan Partners meets 3Q profit forecasts (NYSE:APAM)
sg.finance.yahoo.com - October 31 at 8:36 PM

Social

What is Artisan Partners Asset Management's stock symbol?

Artisan Partners Asset Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "APAM."

How often does Artisan Partners Asset Management pay dividends? What is the dividend yield for Artisan Partners Asset Management?

Artisan Partners Asset Management declared a quarterly dividend on Monday, January 30th. Investors of record on Tuesday, February 14th will be paid a dividend of $0.60 per share on Tuesday, February 28th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date is Friday, February 10th.

Where is Artisan Partners Asset Management's stock going? Where will Artisan Partners Asset Management's stock price be in 2017?

8 brokers have issued twelve-month price objectives for Artisan Partners Asset Management's shares. Their forecasts range from $21.00 to $31.00. On average, they expect Artisan Partners Asset Management's stock price to reach $28.06 in the next year.

When will Artisan Partners Asset Management announce their earnings?

Artisan Partners Asset Management is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What are analysts saying about Artisan Partners Asset Management stock?

Here are some recent quotes from research analysts about Artisan Partners Asset Management stock:

  • According to Zacks Investment Research, "Artisan Partners Asset Management Inc. is an independent investment management firm that provides a broad range of U.S., non-U.S. and global equity investment strategies. The Company's manages investments primarily through mutual funds and separate accounts. Its clients include pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. pooled investment vehicles. Artisan Partners Asset Management Inc. is based in Milwaukee, WI United States. " (2/9/2017)

  • Credit Suisse Group analysts commented, "APAM's long-term fund performance has steadily declined from industry-leading levels (~80 percent of its retail AUM was rated 4/5 stars by Morningstar in Dec'15) to below the industry average over the last 6 months," Ghosh wrote in a note.In addition, its 12-month rolling performance is negative (on absolute return basis) for nine out of 14 of its funds.Furthermore, the analyst highlighted that roughly 40 percent of APAM's funds (six of 14), which represents over 70 percent of its total AUM base, are closed to all new investors. Accordingly, Ghosh expects weaker performance and fund capacity to further pressure net flow trends in 2016/17.Related Link: Bank Of America Downgrades Artisan Partners Assets To Underperform"[W]hile its newer High Income and Developing World strategies continue to grow at a healthy clip (and are not capacity constrained), given that APAM doesn't run similar strategies in parallel, it runs the risk of not being able to accommodate new client demand for specific strategies," (7/14/2016)

  • Jefferies Group LLC analysts commented, "APAM reported May month-end AUM of $97.9B, up 0.3% m/m. Estimated net outflows appear modestly higher m/m at approx. -$900M and include roughly -$250M from the winding down of the US Small Cap Value strategy. At a channel level, retail outflows look to be relatively unchanged m/m at roughly -$200-300M, while the institutional segment is potentially a bit weaker at – $600-700M. The US Value team again accounted for the bulk of net outflows. Struggling to Generate Inflows – The International, US Value, and US Growth teams, which collectively account for 2/3rds of firm AUM, continue to struggle to generate flows, each having outflowed in at least 4 of the 5 months this year. Collectively, these teams outflowed approx. -$1.2B this month and -$4.1B YTD. Industry headwinds for these teams appear unlikely to abate in the near-term, suggesting net outflows will likely continue. New Teams, Global Value Remain a Positive – On the heels of continued strong investment performance vs. peers, the Global Value, Developing World, and High Income teams all continue to inflow. However, given the modest AUM currently managed by the Developing World and High Income teams, the inflows being generated are not sufficient to offset the weakness elsewhere within the firm. Presently it appears unlikely APAM will return to positive flows in 2016." (6/10/2016)

Who owns Artisan Partners Asset Management stock?

Artisan Partners Asset Management's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (5.96%), Burgundy Asset Management Ltd. (4.14%), Royce & Associates LP (2.45%), Denver Investment Advisors LLC (1.78%), Dimensional Fund Advisors LP (1.64%) and State Street Corp (1.37%). Company insiders that own Artisan Partners Asset Management stock include Charles J Daley Jr, Seth W Brennan and Stephanie Dimarco.

Who sold Artisan Partners Asset Management stock? Who is selling Artisan Partners Asset Management stock?

Artisan Partners Asset Management's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Atlanta Capital Management Co. L L C, Denver Investment Advisors LLC and Menta Capital LLC.

Who bought Artisan Partners Asset Management stock? Who is buying Artisan Partners Asset Management stock?

Artisan Partners Asset Management's stock was bought by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Systematic Financial Management LP, Russell Investments Group Ltd., Royce & Associates LP, Burgundy Asset Management Ltd., Frontier Capital Management Co. LLC, Cadence Capital Management LLC and State Street Corp. Company insiders that have bought Artisan Partners Asset Management stock in the last two years include Seth W Brennan and Stephanie Dimarco.

How do I buy Artisan Partners Asset Management stock?

Shares of Artisan Partners Asset Management can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Artisan Partners Asset Management stock cost?

One share of Artisan Partners Asset Management stock can currently be purchased for approximately $29.10.

Artisan Partners Asset Management (NYSE:APAM) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

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

Earnings History Chart

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

Dividend History Chart

Dividend Payments by Quarter for Artisan Partners Asset Management (NYSE:APAM)

Last Updated on 2/27/2017 by MarketBeat.com Staff