Brokerages forecast that Artisan Partners Asset Management Inc (NYSE:APAM) will report $0.67 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Artisan Partners Asset Management’s earnings. Artisan Partners Asset Management posted earnings per share of $0.42 during the same quarter last year, which would suggest a positive year-over-year growth rate of 59.5%. The company is scheduled to report its next quarterly earnings report on Monday, February 5th.

According to Zacks, analysts expect that Artisan Partners Asset Management will report full year earnings of $2.42 per share for the current fiscal year. For the next year, analysts expect that the business will report earnings of $2.70 per share, with EPS estimates ranging from $2.63 to $2.80. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Artisan Partners Asset Management.

Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings data on Tuesday, October 31st. The asset manager reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.02. Artisan Partners Asset Management had a return on equity of 95.09% and a net margin of 12.58%. The company had revenue of $204.60 million for the quarter, compared to the consensus estimate of $204.53 million. During the same period in the previous year, the business earned $0.56 EPS. Artisan Partners Asset Management’s revenue for the quarter was up 11.1% compared to the same quarter last year.

A number of brokerages have recently weighed in on APAM. Jefferies Group reiterated a “hold” rating on shares of Artisan Partners Asset Management in a report on Friday, August 18th. BidaskClub upgraded Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a report on Saturday, September 2nd. Zacks Investment Research downgraded Artisan Partners Asset Management from a “hold” rating to a “strong sell” rating in a report on Monday, September 18th. Royal Bank of Canada set a $36.00 price target on Artisan Partners Asset Management and gave the company a “buy” rating in a report on Wednesday, October 18th. Finally, ValuEngine downgraded Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $31.93.

Shares of Artisan Partners Asset Management (NYSE:APAM) opened at $39.25 on Thursday. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.27. Artisan Partners Asset Management has a twelve month low of $26.30 and a twelve month high of $40.65. The stock has a market capitalization of $3,007.61, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 1.72 and a beta of 1.83.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $2.40 dividend on an annualized basis and a yield of 6.11%. Artisan Partners Asset Management’s payout ratio is currently 129.73%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Quantbot Technologies LP grew its stake in Artisan Partners Asset Management by 3.5% during the 2nd quarter. Quantbot Technologies LP now owns 3,591 shares of the asset manager’s stock worth $110,000 after buying an additional 120 shares during the last quarter. New York State Teachers Retirement System bought a new position in Artisan Partners Asset Management during the 3rd quarter worth $127,000. Ameritas Investment Partners Inc. bought a new position in Artisan Partners Asset Management during the 2nd quarter worth $120,000. Great West Life Assurance Co. Can grew its stake in Artisan Partners Asset Management by 51.2% during the 3rd quarter. Great West Life Assurance Co. Can now owns 5,413 shares of the asset manager’s stock worth $176,000 after buying an additional 1,832 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in Artisan Partners Asset Management during the 3rd quarter worth $192,000. Hedge funds and other institutional investors own 63.51% of the company’s stock.

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Artisan Partners Asset Management Company Profile

Artisan Partners Asset Management Inc is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, each of which is managed by one of its investment teams. The Company provides investment management services to separate accounts, mutual funds and other pooled investment vehicles.

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Earnings History and Estimates for Artisan Partners Asset Management (NYSE:APAM)

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