NYSE:APAM

Artisan Partners Asset Management Stock Forecast, Price & News

$52.79

-0.49 (-0.92 %)

(As of 01/22/2021 04:15 PM ET)

Add

Compare

Today's Range

$51.98

Now: $52.79▼

$53.28

50-Day Range

$47.76

MA: $50.44▼

$54.42

52-Week Range

$17.69

Now: $52.79▼

$55.25

Volume432,032 shs

Average Volume505,195 shs

Market Capitalization$4.15 billion

P/E Ratio17.96

Dividend Yield6.23%

Beta1.91

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.

MarketRank^™

Overall MarketRank^™

2.20 out of 5 stars

Finance Sector

132nd out of 1,934 stocks

Investment Advice Industry

6th out of 65 stocks

1.4 Analyst's Opinion

Consensus Rating
Artisan Partners Asset Management has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $45.00, Artisan Partners Asset Management has a forecasted downside of 14.8% from its current price of $52.83.
Amount of Analyst Coverage
Artisan Partners Asset Management has received no research coverage in the past 90 days.

1.9 Community Rank

Outperform Votes
Artisan Partners Asset Management has received 316 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Artisan Partners Asset Management has received 510 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Artisan Partners Asset Management has received 61.74% “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.

1.7 Dividend Strength

Dividend Leadership
Artisan Partners Asset Management is a leading dividend payer. It pays a dividend yield of 6.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Artisan Partners Asset Management does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Artisan Partners Asset Management is 124.34%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Artisan Partners Asset Management will have a dividend payout ratio of 80.19% in the coming year. This indicates that Artisan Partners Asset Management may not be able to sustain their current dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Artisan Partners Asset Management insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $415,500.00 in company stock.
Percentage Held by Insiders
Only 24.44% of the stock of Artisan Partners Asset Management is held by insiders.
Percentage Held by Institutions
66.37% 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.

4.4 Earnings and Valuation

Earnings Growth
Earnings for Artisan Partners Asset Management are expected to grow by 27.78% in the coming year, from $3.24 to $4.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Artisan Partners Asset Management is 17.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Artisan Partners Asset Management is 17.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.89.
Price to Earnings Growth Ratio
Artisan Partners Asset Management has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Artisan Partners Asset Management has a P/B Ratio of 29.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone414-390-6100

Employees440

Debt

Debt-to-Equity Ratio1.30

Current Ratio0.62

Quick Ratio0.62

Price-To-Earnings

Trailing P/E Ratio17.96

Forward P/E Ratio16.29

P/E Growth0.63

Sales & Book Value

Annual Sales$799 million

Price / Sales5.19

Cash Flow$2.76 per share

Price / Cash Flow19.11

Book Value$1.78 per share

Price / Book29.66

Profitability

EPS (Most Recent Fiscal Year)$2.67

Net Income$156.54 million

Net Margins21.73%

Return on Equity179.65%

Return on Assets23.80%

Miscellaneous

Outstanding Shares78,575,000

Market Cap$4.15 billion

Next Earnings Date2/2/2021 (Confirmed)

OptionableOptionable

$52.79

-0.49 (-0.92 %)

(As of 01/22/2021 04:15 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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 price been impacted by Coronavirus?

Artisan Partners Asset Management's stock was trading at $22.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, APAM shares have increased by 139.2% and is now trading at $52.77.
View which stocks have been most impacted by COVID-19.

Is Artisan Partners Asset Management a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Artisan Partners Asset Management stock.
View analyst ratings for Artisan Partners Asset Management or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Artisan Partners Asset Management?

Wall Street analysts have given Artisan Partners Asset Management a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Artisan Partners Asset Management wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Artisan Partners Asset Management's CEO?

6,978 employees have rated Artisan Partners Asset Management CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Artisan Partners Asset Management's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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, February 2nd 2021.
View our earnings forecast for Artisan Partners Asset Management.

How can I listen to Artisan Partners Asset Management's earnings call?

Artisan Partners Asset Management will be holding an earnings conference call on Tuesday, February 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Artisan Partners Asset Management's earnings last quarter?

Artisan Partners Asset Management Inc. (NYSE:APAM) released its quarterly earnings data on Tuesday, October, 27th. The asset manager reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. The asset manager earned $232.70 million during the quarter, compared to the consensus estimate of $231.55 million. Artisan Partners Asset Management had a return on equity of 179.65% and a net margin of 21.73%.
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 declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Monday, November 16th will be given a dividend of $0.83 per share on Monday, November 30th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date of this dividend is Friday, November 13th. This is a boost from Artisan Partners Asset Management's previous quarterly dividend of $0.67.
View Artisan Partners Asset Management's dividend history.

Is Artisan Partners Asset Management a good dividend stock?

Artisan Partners Asset Management pays an annual dividend of $3.32 per share and currently has a dividend yield of 6.11%. APAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Artisan Partners Asset Management is 124.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Artisan Partners Asset Management will have a dividend payout ratio of 80.19% in the coming year. This indicates that Artisan Partners Asset Management may not be able to sustain their current dividend.
View Artisan Partners Asset Management's dividend history.

What price target have analysts set for APAM?

4 brokers have issued 1-year price targets for Artisan Partners Asset Management's stock. Their forecasts range from $39.00 to $49.00. On average, they anticipate Artisan Partners Asset Management's share price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 14.7%.
View analysts' price targets for Artisan Partners Asset Management or view Wall Street analyst' top-rated stocks.

Are investors shorting Artisan Partners Asset Management?

Artisan Partners Asset Management saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,620,000 shares, an increase of 23.7% from the December 15th total of 1,310,000 shares. Based on an average daily volume of 455,600 shares, the days-to-cover ratio is currently 3.6 days.
View Artisan Partners Asset Management's Short Interest.

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), The Carlyle Group (CG), Ares Management (ARES), Apollo Global Management (APO), Morningstar (MORN), Invesco (IVZ), Eaton Vance (EV), Janus Henderson Group (JHG), Affiliated Managers Group (AMG), Houlihan Lokey (HLI), Evercore (EVR), Lazard (LAZ), Hamilton Lane (HLNE), Focus Financial Partners (FOCS) and StepStone Group (STEP).
View all of APAM's 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), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), Berry Global Group (BERY), Comcast (CMCSA), Enterprise Products Partners (EPD), Energy Transfer (ET), General Mills (GIS) and Apollo Global Management (APO).

Who are Artisan Partners Asset Management's key executives?

Artisan Partners Asset Management's management team includes the following people:

Mr. Eric Richard Colson C.F.A., CFA, Chairman, Pres & CEO (Age 51, Pay $5.4M)
Mr. Charles James Daley Jr., CPA, Exec. VP, CFO & Treasurer (Age 57, Pay $2.24M)
Ms. Sarah Anne Johnson, Exec. VP, Chief Legal Officer & Sec. (Age 48, Pay $1.49M)
Mr. Gregory Kenneth Ramirez CPA, Exec. VP (Age 49, Pay $1.44M)
Mr. Jason A. Gottlieb, Exec. VP & COO of Investments (Age 50, Pay $2.8M)
Ms. Makela Taphorn, Director of Management Reporting & Investor Relations
Mr. Daniel J. O'Keefe, MD and Portfolio Mang. of Global Value & Select Equity Strategies
Mr. James Stephen Hamman Jr., Exec. VP (Age 50)
Mr. Bryan C. Krug C.F.A., CFA, MD & Portfolio Mang. of High Income Strategy
Ms. Maria Negrete Gruson C.F.A., MD & Portfolio Mang. of Emerging Markets Team

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 many different institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (0.23%), Weather Gauge Advisory LLC (0.12%), Raymond James Trust N.A. (0.01%), Sowell Financial Services LLC (0.01%), Optimum Investment Advisors (0.00%) and Baldwin Brothers Inc. MA (0.00%). 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 Frontier Capital Management Co. LLC, Weather Gauge Advisory LLC, and Raymond James Trust N.A..
View insider buying and selling activity for Artisan Partners Asset Management or view top insider-selling stocks.

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 Sowell Financial Services LLC, Baldwin Brothers Inc. MA, and Optimum Investment Advisors.
View insider buying and selling activity for Artisan Partners Asset Management or or view top insider-buying stocks.

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 WeBull, 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 $52.77.

How big of a company is Artisan Partners Asset Management?

Artisan Partners Asset Management has a market capitalization of $4.15 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 440 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 1/22/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here