Media coverage about Artisan Partners Asset Management (NYSE:APAM) has trended positive on Saturday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Artisan Partners Asset Management earned a coverage optimism score of 0.28 on Accern’s scale. Accern also assigned headlines about the asset manager an impact score of 45.1010681626762 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
Several research analysts have recently weighed in on the company. Zacks Investment Research raised Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. BidaskClub raised Artisan Partners Asset Management from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Jefferies Group reaffirmed a “hold” rating and set a $32.00 target price on shares of Artisan Partners Asset Management in a research note on Tuesday, September 26th. Royal Bank of Canada set a $36.00 target price on Artisan Partners Asset Management and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $40.00 target price on shares of Artisan Partners Asset Management in a research note on Friday, December 22nd. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $34.92.
Artisan Partners Asset Management (APAM) opened at $40.15 on Friday. Artisan Partners Asset Management has a 52 week low of $26.30 and a 52 week high of $40.65. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $3,030.00, a price-to-earnings ratio of 21.59, a P/E/G ratio of 0.95 and a beta of 1.82.
Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings data on Tuesday, October 31st. The asset manager reported $0.65 EPS for the quarter, beating the Thomson Reuters’ 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 firm had revenue of $204.60 million during the quarter, compared to the consensus estimate of $204.53 million. During the same period in the prior year, the company earned $0.56 EPS. The firm’s revenue was up 11.1% compared to the same quarter last year. equities analysts predict that Artisan Partners Asset Management will post 2.42 earnings per share for the current year.
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About Artisan Partners Asset Management
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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