News articles about Artisan Partners Asset Management (NYSE:APAM) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Artisan Partners Asset Management earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 46.6901801172096 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Artisan Partners Asset Management opened at $31.70 on Monday, according to MarketBeat. Artisan Partners Asset Management has a 1 year low of $29.00 and a 1 year high of $41.45. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $2.46 billion, a PE ratio of 13.17, a P/E/G ratio of 0.82 and a beta of 1.67.
Artisan Partners Asset Management (NYSE:APAM) last issued its earnings results on Tuesday, May 1st. The asset manager reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.05. Artisan Partners Asset Management had a return on equity of 160.18% and a net margin of 8.63%. The business had revenue of $212.00 million during the quarter, compared to analysts’ expectations of $211.75 million. During the same period in the prior year, the firm posted $0.52 EPS. Artisan Partners Asset Management’s quarterly revenue was up 15.2% compared to the same quarter last year. equities research analysts expect that Artisan Partners Asset Management will post 3.09 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, May 31st. Stockholders of record on Thursday, May 17th were issued a $0.60 dividend. The ex-dividend date of this dividend was Wednesday, May 16th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.57%. Artisan Partners Asset Management’s payout ratio is presently 99.59%.
Several research firms have commented on APAM. Zacks Investment Research cut Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a report on Monday, February 26th. TheStreet cut Artisan Partners Asset Management from a “b-” rating to a “c+” rating in a report on Thursday, April 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $38.60.
Artisan Partners Asset Management Company 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.
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