Artisan Partners Asset Management (APAM) Receives Daily Coverage Optimism Rating of 0.21

News articles about Artisan Partners Asset Management (NYSE:APAM) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Artisan Partners Asset Management earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 46.8233981615876 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Artisan Partners Asset Management (NYSE:APAM) traded down $0.20 during midday trading on Tuesday, reaching $39.60. 435,539 shares of the company’s stock traded hands, compared to its average volume of 450,837. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.27. Artisan Partners Asset Management has a 1-year low of $26.30 and a 1-year high of $40.65. The company has a market cap of $3,030.00, a price-to-earnings ratio of 19.78, a PEG ratio of 1.73 and a beta of 1.82.

Artisan Partners Asset Management (NYSE:APAM) last issued its quarterly earnings data on Tuesday, October 31st. The asset manager reported $0.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. Artisan Partners Asset Management had a net margin of 12.58% and a return on equity of 95.09%. The business had revenue of $204.60 million during the quarter, compared to analyst estimates of $204.53 million. During the same period in the prior year, the business earned $0.56 EPS. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. research analysts expect that Artisan Partners Asset Management will post 2.42 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th were issued a $0.60 dividend. The ex-dividend date was Wednesday, November 15th. This represents a $2.40 annualized dividend and a yield of 6.06%. Artisan Partners Asset Management’s dividend payout ratio (DPR) is presently 129.03%.

A number of research firms recently commented on APAM. Zacks Investment Research upgraded shares of Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. Jefferies Group restated a “hold” rating on shares of Artisan Partners Asset Management in a report on Friday, August 18th. BidaskClub upgraded shares of Artisan Partners Asset Management from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. ValuEngine lowered shares of Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Royal Bank of Canada set a $36.00 price objective on shares of Artisan Partners Asset Management and gave the stock a “buy” rating in a report on Wednesday, October 18th. 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. The stock presently has an average rating of “Hold” and an average target price of $31.93.

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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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