Artisan Partners Asset Management (APAM) Set to Announce Earnings on Tuesday
Artisan Partners Asset Management (NASDAQ:APAM) is scheduled to be posting its Q114 quarterly earnings results on Tuesday, April 29th. Analysts expect Artisan Partners Asset Management to post earnings of $0.75 per share and revenue of $200.84 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Artisan Partners Asset Management (NASDAQ:APAM) last announced its earnings results on Tuesday, February 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.01. On average, analysts expect Artisan Partners Asset Management to post $3.23 EPS for the current fiscal year and $3.70 EPS for the next fiscal year.
Artisan Partners Asset Management (NASDAQ:APAM) opened at 56.17 on Monday. Artisan Partners Asset Management has a 52 week low of $36.87 and a 52 week high of $71.86. The stock’s 50-day moving average is $61.29 and its 200-day moving average is $61.87. The company’s market cap is $1.568 billion.
The company also recently announced a quarterly dividend, which is scheduled for Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 3.92%. The ex-dividend date is Wednesday, May 14th.
Several analysts have recently commented on the stock. Analysts at Sidoti initiated coverage on shares of Artisan Partners Asset Management in a research note on Thursday, April 17th. They set a “buy” rating and a $79.00 price target on the stock. Finally, analysts at Sandler O’Neill upgraded shares of Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research note on Monday, April 14th. They now have a $66.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $71.97.
Artisan Partners Asset Management Inc, is an independent investment management company that provides a range of 12 equity investment strategies spanning different market capitalization segments and investing styles in both United States and non-United States markets.
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