BNP Paribas Arbitrage SA grew its position in shares of Artisan Partners Asset Management Inc. (NYSE:APAM) by 12.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,983 shares of the asset manager’s stock after buying an additional 2,179 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Artisan Partners Asset Management were worth $613,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Teachers Advisors LLC boosted its holdings in Artisan Partners Asset Management by 31.7% in the fourth quarter. Teachers Advisors LLC now owns 41,212 shares of the asset manager’s stock worth $1,226,000 after purchasing an additional 9,922 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Artisan Partners Asset Management by 28.0% in the first quarter. Russell Investments Group Ltd. now owns 203,655 shares of the asset manager’s stock worth $5,621,000 after purchasing an additional 44,536 shares during the last quarter. First Trust Advisors LP boosted its holdings in Artisan Partners Asset Management by 473.8% in the first quarter. First Trust Advisors LP now owns 84,144 shares of the asset manager’s stock worth $2,322,000 after purchasing an additional 69,480 shares during the last quarter. Bank of New York Mellon Corp raised its position in Artisan Partners Asset Management by 14.1% in the first quarter. Bank of New York Mellon Corp now owns 655,986 shares of the asset manager’s stock worth $18,105,000 after acquiring an additional 80,938 shares during the period. Finally, Comerica Bank bought a new position in Artisan Partners Asset Management in the first quarter worth approximately $308,000. Hedge funds and other institutional investors own 99.82% of the company’s stock.

APAM has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Artisan Partners Asset Management from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Monday, June 5th. ValuEngine upgraded shares of Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. BidaskClub upgraded shares of Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research report on Friday, June 30th. TheStreet upgraded shares of Artisan Partners Asset Management from a “c+” rating to a “b-” rating in a research report on Monday, July 17th. Finally, Royal Bank Of Canada initiated coverage on shares of Artisan Partners Asset Management in a research report on Thursday, June 29th. They issued an “outperform” rating and a $34.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. Artisan Partners Asset Management has a consensus rating of “Hold” and an average price target of $29.94.

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Shares of Artisan Partners Asset Management Inc. (NYSE:APAM) opened at 30.15 on Wednesday. The company has a market capitalization of $1.50 billion, a P/E ratio of 17.79 and a beta of 1.76. The stock’s 50 day moving average is $30.79 and its 200 day moving average is $29.34. Artisan Partners Asset Management Inc. has a 12 month low of $24.48 and a 12 month high of $33.85.

Artisan Partners Asset Management (NYSE:APAM) last announced its quarterly earnings data on Monday, July 31st. The asset manager reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.01). Artisan Partners Asset Management had a return on equity of 78.75% and a net margin of 11.37%. The company had revenue of $196.20 million for the quarter, compared to analyst estimates of $194.25 million. During the same period last year, the firm earned $0.53 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities analysts predict that Artisan Partners Asset Management Inc. will post $2.34 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, August 17th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, August 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.96%. Artisan Partners Asset Management’s dividend payout ratio (DPR) is presently 145.46%.

Artisan Partners Asset Management 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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Institutional Ownership by Quarter for Artisan Partners Asset Management (NYSE:APAM)

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