NYSE:APAM - Artisan Partners Asset Management Stock Price, Forecast & News

Artisan Partners Asset Management's stock was trading at $22.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, APAM shares have decreased by 1.2% and is now trading at $21.80. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Artisan Partners Asset Management.

Artisan Partners Asset Management is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Artisan Partners Asset Management.

Artisan Partners Asset Management Inc (NYSE:APAM) issued its quarterly earnings data on Tuesday, February, 4th. The asset manager reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.02. The asset manager had revenue of $208.40 million for the quarter, compared to the consensus estimate of $207.35 million. Artisan Partners Asset Management had a return on equity of 180.34% and a net margin of 19.59%. The business's quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 EPS. View Artisan Partners Asset Management's earnings history.

Artisan Partners Asset Management announced a quarterly dividend on Thursday, February 6th. Investors of record on Friday, February 14th will be given a dividend of $0.68 per share on Friday, February 28th. This represents a $2.72 annualized dividend and a yield of 12.48%. The ex-dividend date is Thursday, February 13th. This is an increase from Artisan Partners Asset Management's previous quarterly dividend of $0.65. View Artisan Partners Asset Management's dividend history.

3 brokerages have issued 1-year target prices for Artisan Partners Asset Management's shares. Their forecasts range from $18.00 to $34.00. On average, they anticipate Artisan Partners Asset Management's share price to reach $25.50 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Artisan Partners Asset Management.

Press coverage about APAM stock has trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Artisan Partners Asset Management earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutArtisan Partners Asset Management.

Artisan Partners Asset Management saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,360,000 shares, an increase of 42.2% from the February 13th total of 956,700 shares. Based on an average daily trading volume, of 482,300 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.5% of the company's shares are sold short. View Artisan Partners Asset Management's Current Options Chain.

Some companies that are related to Artisan Partners Asset Management include Morningstar (MORN), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Ares Management (ARES), Houlihan Lokey (HLI), MAN GRP PLC/ADR (MNGPY), Hamilton Lane (HLNE), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Lazard (LAZ), Cohen & Steers (CNS), Evercore (EVR), AllianceBernstein (AB) and Federated Investors (FII).

Based on aggregate information from My MarketBeat watchlists, some companies that other Artisan Partners Asset Management investors own include AT&T (T), Energy Transfer LP Unit (ET), Ares Capital (ARCC), Enbridge (ENB), Enterprise Products Partners (EPD), New York Community Bancorp (NYCB), 1-800-Flowers.Com (FLWS), Micron Technology (MU), AbbVie (ABBV) and Brookfield Infrastructure Partners (BIP).

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

Artisan Partners Asset Management's stock is owned by a number of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (5.05%), Renaissance Technologies LLC (4.70%), Clarkston Capital Partners LLC (2.76%), State Street Corp (1.43%), Geode Capital Management LLC (1.18%) and Bernzott Capital Advisors (1.13%). Company insiders that own Artisan Partners Asset Management stock include Jason A Gottlieb and Tench Coxe. View institutional ownership trends for Artisan Partners Asset Management.

APAM stock was sold by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ, PNC Financial Services Group Inc., Oxford Asset Management LLP, Royce & Associates LP, Hall Kathryn A., Alberta Investment Management Corp, Acadian Asset Management LLC, and Ceredex Value Advisors LLC. View insider buying and selling activity for Artisan Partners Asset Management.

APAM stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Renaissance Technologies LLC, Man Group plc, Nuveen Asset Management LLC, Schonfeld Strategic Advisors LLC, Panagora Asset Management Inc., Bank of New York Mellon Corp, and Hotchkis & Wiley Capital Management LLC. View insider buying and selling activity for Artisan Partners Asset Management.

Shares of APAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of APAM stock can currently be purchased for approximately $21.80.

Artisan Partners Asset Management has a market capitalization of $1.70 billion and generates $799 million in revenue each year. The asset manager earns $156.54 million in net income (profit) each year or $2.67 on an earnings per share basis. Artisan Partners Asset Management employs 425 workers across the globe. View additional information about Artisan Partners Asset Management.

The official website for Artisan Partners Asset Management is http://www.artisanpartners.com/.

Artisan Partners Asset Management's mailing address is 875 EAST WISCONSIN AVENUE SUITE 800, MILWAUKEE WI, 53202. The asset manager can be reached via phone at 414-390-6100 or via email at [email protected]