Natixis Advisors LLC Has $13.61 Million Position in Artisan Partners Asset Management Inc. (NYSE:APAM)

Natixis Advisors LLC boosted its position in Artisan Partners Asset Management Inc. (NYSE:APAM) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 316,154 shares of the asset manager’s stock after buying an additional 7,782 shares during the period. Natixis Advisors LLC’s holdings in Artisan Partners Asset Management were worth $13,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APAM. GSA Capital Partners LLP increased its holdings in shares of Artisan Partners Asset Management by 71.3% during the third quarter. GSA Capital Partners LLP now owns 11,378 shares of the asset manager’s stock worth $493,000 after purchasing an additional 4,736 shares during the period. KBC Group NV grew its position in Artisan Partners Asset Management by 22.9% during the third quarter. KBC Group NV now owns 2,218 shares of the asset manager’s stock worth $96,000 after buying an additional 413 shares in the last quarter. Swiss National Bank increased its stake in Artisan Partners Asset Management by 0.7% during the 3rd quarter. Swiss National Bank now owns 136,600 shares of the asset manager’s stock worth $5,918,000 after acquiring an additional 900 shares during the period. Pathstone Holdings LLC raised its holdings in Artisan Partners Asset Management by 18.0% in the 3rd quarter. Pathstone Holdings LLC now owns 38,026 shares of the asset manager’s stock valued at $1,647,000 after acquiring an additional 5,802 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Artisan Partners Asset Management during the 3rd quarter valued at $1,985,000. 86.45% of the stock is owned by institutional investors and hedge funds.

Artisan Partners Asset Management Stock Performance

Artisan Partners Asset Management stock opened at $40.79 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.56 and a debt-to-equity ratio of 0.47. The stock has a market cap of $3.28 billion, a PE ratio of 11.21 and a beta of 1.83. Artisan Partners Asset Management Inc. has a 12-month low of $37.89 and a 12-month high of $49.54. The business’s 50-day moving average price is $42.75 and its two-hundred day moving average price is $43.92.

Artisan Partners Asset Management (NYSE:APAM) last announced its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.08. Artisan Partners Asset Management had a net margin of 23.36% and a return on equity of 74.02%. As a group, analysts expect that Artisan Partners Asset Management Inc. will post 3.6 earnings per share for the current fiscal year.

Artisan Partners Asset Management Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date was Friday, February 14th. Artisan Partners Asset Management’s payout ratio is 92.31%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. StockNews.com raised Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research note on Tuesday. Royal Bank of Canada cut their price target on shares of Artisan Partners Asset Management from $53.00 to $51.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Artisan Partners Asset Management presently has an average rating of “Hold” and a consensus target price of $44.38.

About Artisan Partners Asset Management

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.