Somewhat Positive Media Coverage Somewhat Unlikely to Impact Artisan Partners Asset Management (APAM) Share Price
Press coverage about Artisan Partners Asset Management (NYSE:APAM) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Artisan Partners Asset Management earned a news impact score of 0.24 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.66815704839 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Artisan Partners Asset Management, Inc. : APAM-US: Dividend Analysis : November 16th, 2017 (record date) : By the numbers : November 16, 2017 (finance.yahoo.com)
- Ex-Dividend Reminder: Summit Hotel Properties, Simon Property Group and Artisan Partners Asset Management (nasdaq.com)
- Interested In Artisan Partners Asset Management Inc (APAM)’s Upcoming $0.6 Dividend? You Have 3 Days Left (finance.yahoo.com)
- Artisan Partners Asset Management Reports October AUM (seekingalpha.com)
A number of equities analysts recently issued reports on the company. BidaskClub raised Artisan Partners Asset Management from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Zacks Investment Research downgraded Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Keefe, Bruyette & Woods downgraded Artisan Partners Asset Management from an “outperform” rating to a “market perform” rating and upped their price target for the company from $32.00 to $33.00 in a report on Wednesday, August 2nd. Jefferies Group LLC reissued a “hold” rating on shares of Artisan Partners Asset Management in a report on Friday, August 18th. Finally, Sidoti raised Artisan Partners Asset Management from a “neutral” rating to a “buy” rating in a report on Friday, August 4th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $31.93.
Artisan Partners Asset Management (NYSE:APAM) last issued its quarterly earnings results on Tuesday, October 31st. The asset manager reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $204.53 million. During the same period last year, the company earned $0.56 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. research analysts forecast that Artisan Partners Asset Management will post 2.39 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be issued a $0.60 dividend. The ex-dividend date is Wednesday, November 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.49%. Artisan Partners Asset Management’s dividend payout ratio (DPR) is 129.03%.
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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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