Artisan Partners Asset Management Inc (NASDAQ: APAM) Stocks To Watch

Artisan Partners Asset Management Inc day trading at USD 28 per share, then rallying to 28.2 and closing at USD 27.06 per share. A net loss of -3.35% for the day. Long term pricing analysis shows the stock trading at 25.96% lower than it’s 52week high and -50.56% higher than the 52week low. The share volume traded for the day was 609K which was 1 times the 50 Day Average Volume.

Artisan Partners Asset Management Inc had a market cap of 2,126,656K as of 13th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 2.66.

Artisan Partners Asset Management Inc is a global investment management firm that provides a broad range of high value-added investment strategies in growing asset classes to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners’ autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes.

Financial Results

Artisan Partners Asset Management Inc Reports First Quarter Of Fiscal 2020.

  • AUM declined to $95.2 billion at March 31, 2020, a decrease of $25.8 billion, or 21%, compared to $121.0 billion at December 31, 2019,
  • Revenues of $202.8 million in the March 2020 quarter decreased $5.6 million, or 3%, from $208.4 million in the December 2019 quarter
  • Operating expenses of $131.8 million in the March 2020 quarter increased $2.8 million, or 2%, from $129.0 million in the December 2019 quarter.
  • Operating margin decreased to 35.0% in the March 2020 quarter from 38.1% in the December 2019 quarter.
  • Investment losses on seed investments were $8.1 million in the March 2020 quarter.

Artisan Partners Asset Management Inc (13th May 2020): The Institutional Ownership as of today stood at       85.05% and the Total Value of Holdings (millions) is $ 1,396.

New Institutional Holders and other activity – As of today, the total number of shares held is 51,579,197 by 255 institutional holders.

LATEST NEWS:

12-May-2020:-  ClariVest Asset Management LLC Acquires Shares of 37,771 Artisan Partners Asset Management Inc (NYSE: APAM)

ClariVest Asset Management LLC acquired a new stake in shares of Artisan Partners Asset Management Inc (NYSE: APAM) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 37,771 shares of the asset manager’s stock, valued at approximately $811,000. Other large investors also recently modified their holdings of the company.

5-May-2020:-  Q1 2021 EPS Estimates for Artisan Partners Asset Management Inc (NYSE: APAM) Lifted by Analyst

Artisan Partners Asset Management Inc (NYSE: APAM) – Investment analysts at William Blair increased their Q1 2021 earnings estimates for Artisan Partners Asset Management in a report issued on Thursday, April 30th. William Blair analyst C. Shutler now expects that the asset manager will earn $0.53 per share for the quarter, up from their prior estimate of $0.47.

2-May-2020:-  Artisan Partners Asset Management Inc (APAM) To Go Ex-Dividend on May 14th

Artisan Partners Asset Management Inc (NYSE: APAM) announced a quarterly dividend on Thursday, April 30th, Wall Street Journal reports. Stockholders of record on Friday, May 15th will be given a dividend of 0.61 per share by the asset manager on Friday, May 29th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 8.42%.

 

 

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