NYSE:APAMArtisan Partners Asset Management Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Artisan Partners Asset Management Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $29.50 -1.03 (-3.37 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$29.41Now: $29.50▼$31.0450-Day Range$20.68MA: $25.74▼$29.5952-Week Range$17.69Now: $29.50▼$38.09Volume305,924 shsAverage Volume551,154 shsMarket Capitalization$2.32 billionP/E Ratio11.09Dividend Yield7.99%Beta2.02 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingArtisan Partners Asset Management has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.00, Artisan Partners Asset Management has a potential upside of 11.9% from its current price of $29.50.Amount of Analyst CoverageArtisan Partners Asset Management has only been the subject of 3 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesArtisan Partners Asset Management has received 309 “outperform” votes. (Add your “outperform” vote.)Underperform VotesArtisan Partners Asset Management has received 504 “underperform” votes. (Add your “underperform” vote.)Community SentimentArtisan Partners Asset Management has received 61.99% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Artisan Partners Asset Management and other stocks. Vote “Outperform” if you believe APAM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe APAM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipArtisan Partners Asset Management is a leading dividend payer. It pays a dividend yield of 7.99%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArtisan Partners Asset Management does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Artisan Partners Asset Management is 91.39 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Artisan Partners Asset Management will have a dividend payout ratio of 102.52 % in the coming year. This indicates that Artisan Partners Asset Management may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Artisan Partners Asset Management insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,051,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 24.44% of the stock of Artisan Partners Asset Management is held by insiders.Percentage Held by Institutions64.62% of the stock of Artisan Partners Asset Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Artisan Partners Asset Management are expected to grow by 3.03% in the coming year, from $2.31 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Artisan Partners Asset Management is 11.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Artisan Partners Asset Management is 11.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.41.Price to Earnings Growth RatioArtisan Partners Asset Management has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioArtisan Partners Asset Management has a P/B Ratio of 20.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.39 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNYSE:APAM Previous Symbol CUSIPN/A CIK1517302 Webwww.artisanpartners.com Phone414-390-6100Debt Debt-to-Equity Ratio2.68 Current Ratio0.62 Quick Ratio0.62Price-To-Earnings Trailing P/E Ratio11.09 Forward P/E Ratio12.77 P/E Growth1.49 Sales & Book Value Annual Sales$799 million Price / Sales2.90 Cash Flow$2.75 per share Price / Cash Flow10.72 Book Value$1.41 per share Price / Book20.92Profitability EPS (Most Recent Fiscal Year)$2.67 Net Income$156.54 million Net Margins19.61% Return on Equity181.49% Return on Assets22.87%Miscellaneous Employees425 Outstanding Shares78,612,000Market Cap$2.32 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable APAM Rates by TradingView Receive APAM News and Ratings via Email Sign-up to receive the latest news and ratings for APAM and its competitors with MarketBeat's FREE daily newsletter. Artisan Partners Asset Management (NYSE:APAM) Frequently Asked Questions How has Artisan Partners Asset Management's stock been impacted by COVID-19 (Coronavirus)? Artisan Partners Asset Management's stock was trading at $22.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, APAM stock has increased by 33.7% and is now trading at $29.50. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Artisan Partners Asset Management? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Artisan Partners Asset Management. When is Artisan Partners Asset Management's next earnings date? Artisan Partners Asset Management is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Artisan Partners Asset Management. How were Artisan Partners Asset Management's earnings last quarter? Artisan Partners Asset Management Inc (NYSE:APAM) announced its quarterly earnings results on Tuesday, April, 28th. The asset manager reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.01. The asset manager had revenue of $202.80 million for the quarter, compared to analyst estimates of $205.29 million. Artisan Partners Asset Management had a net margin of 19.61% and a return on equity of 181.49%. The company's revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.55 EPS. View Artisan Partners Asset Management's earnings history. How often does Artisan Partners Asset Management pay dividends? What is the dividend yield for Artisan Partners Asset Management? Artisan Partners Asset Management announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Friday, May 15th will be given a dividend of $0.61 per share on Friday, May 29th. This represents a $2.44 annualized dividend and a dividend yield of 8.27%. The ex-dividend date of this dividend is Thursday, May 14th. View Artisan Partners Asset Management's dividend history. What price target have analysts set for APAM? 4 brokers have issued 12 month target prices for Artisan Partners Asset Management's shares. Their forecasts range from $27.00 to $37.00. On average, they anticipate Artisan Partners Asset Management's share price to reach $33.00 in the next year. This suggests a possible upside of 11.9% from the stock's current price. View analysts' price targets for Artisan Partners Asset Management. Has Artisan Partners Asset Management been receiving favorable news coverage? News articles about APAM stock have trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Artisan Partners Asset Management earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutArtisan Partners Asset Management. Who are some of Artisan Partners Asset Management's key competitors? Some companies that are related to Artisan Partners Asset Management include Franklin Resources (BEN), Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Ares Management (ARES), Legg Mason (LM), Eaton Vance (EV), Janus Henderson Group (JHG), Houlihan Lokey (HLI), Hamilton Lane (HLNE), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Lazard (LAZ), MAN GRP PLC/ADR (MNGPY) and AllianceBernstein (AB). View all competitors. What other stocks do shareholders of Artisan Partners Asset Management own? Based on aggregate information from My MarketBeat watchlists, some companies that other Artisan Partners Asset Management investors own include AT&T (T), Ares Capital (ARCC), Energy Transfer LP Unit (ET), American Airlines Group (AAL), Occidental Petroleum (OXY), AbbVie (ABBV), BlackBerry (BB), 1-800-Flowers.Com (FLWS), General Electric (GE) and Mplx (MPLX). Who are Artisan Partners Asset Management's key executives? Artisan Partners Asset Management's management team includes the following people: Mr. Eric Richard Colson CFA, Chairman, Pres & CEO (Age 50)Mr. Charles James Daley Jr., CPA, Exec. VP, CFO & Treasurer (Age 56)Mr. Jason A. Gottlieb, Exec. VP & COO of Investments (Age 49)Ms. Sarah Anne Johnson, Exec. VP, Chief Legal Officer & Sec. (Age 47)Mr. Gregory Kenneth Ramirez, Exec. VP (Age 48) 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." Who are Artisan Partners Asset Management's major shareholders? Artisan Partners Asset Management's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.79%), Wells Fargo & Company MN (2.16%), Fisher Asset Management LLC (1.78%), State Street Corp (1.46%), Channing Capital Management LLC (1.46%) and Federated Hermes Inc. (1.33%). 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. Which major investors are selling Artisan Partners Asset Management stock? APAM stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wasatch Advisors Inc., Wells Fargo & Company MN, Russell Investments Group Ltd., UBS Group AG, Fisher Asset Management LLC, Morgan Stanley, and River & Mercantile Asset Management LLP. View insider buying and selling activity for Artisan Partners Asset Management. Which major investors are buying Artisan Partners Asset Management stock? APAM stock was acquired by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Hall Kathryn A., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., JPMorgan Chase & Co., Vaughan Nelson Investment Management L.P., and Mackay Shields LLC. View insider buying and selling activity for Artisan Partners Asset Management. How do I buy shares of 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. What is Artisan Partners Asset Management's stock price today? One share of APAM stock can currently be purchased for approximately $29.50. How big of a company is Artisan Partners Asset Management? Artisan Partners Asset Management has a market capitalization of $2.32 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. What is Artisan Partners Asset Management's official website? The official website for Artisan Partners Asset Management is www.artisanpartners.com. How can I contact Artisan Partners Asset Management? 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] This page was last updated on 5/28/2020 by MarketBeat.com Staff
