Artisan Partners Asset Management Inc. (NYSE:APAM) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its stake in Artisan Partners Asset Management Inc. (NYSE:APAM) by 118.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,699 shares of the asset manager’s stock after acquiring an additional 49,189 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.11% of Artisan Partners Asset Management worth $4,151,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Artisan Partners Asset Management by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 7,873,612 shares of the asset manager’s stock worth $347,856,000 after purchasing an additional 75,304 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Artisan Partners Asset Management by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,934,002 shares of the asset manager’s stock worth $85,444,000 after buying an additional 12,977 shares during the period. Wasatch Advisors LP lifted its position in shares of Artisan Partners Asset Management by 25.2% during the 4th quarter. Wasatch Advisors LP now owns 1,581,267 shares of the asset manager’s stock valued at $69,860,000 after buying an additional 318,355 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in Artisan Partners Asset Management by 42.5% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,331,970 shares of the asset manager’s stock valued at $60,965,000 after acquiring an additional 397,424 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in Artisan Partners Asset Management by 11.9% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 400,134 shares of the asset manager’s stock worth $18,314,000 after acquiring an additional 42,522 shares in the last quarter. Hedge funds and other institutional investors own 86.45% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen decreased their target price on Artisan Partners Asset Management from $42.00 to $37.00 and set a “hold” rating on the stock in a research report on Monday, July 8th.

Artisan Partners Asset Management Trading Down 0.6 %

APAM traded down $0.26 during trading hours on Tuesday, reaching $42.59. The company’s stock had a trading volume of 507,185 shares, compared to its average volume of 458,888. The business’s 50-day moving average is $42.30 and its 200-day moving average is $42.85. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.64 and a quick ratio of 0.64. The stock has a market cap of $3.42 billion, a PE ratio of 12.98 and a beta of 1.81. Artisan Partners Asset Management Inc. has a fifty-two week low of $32.12 and a fifty-two week high of $46.75.

Artisan Partners Asset Management (NYSE:APAM) last posted its earnings results on Wednesday, April 24th. The asset manager reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.03). The company had revenue of $264.40 million during the quarter, compared to analyst estimates of $270.90 million. Artisan Partners Asset Management had a net margin of 22.99% and a return on equity of 72.77%. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.64 EPS. As a group, equities research analysts predict that Artisan Partners Asset Management Inc. will post 3.41 earnings per share for the current fiscal year.

Artisan Partners Asset Management Profile

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.