Nationwide Fund Advisors Has $3.06 Million Holdings in Artisan Partners Asset Management Inc. (APAM)

Nationwide Fund Advisors raised its stake in shares of Artisan Partners Asset Management Inc. (NYSE:APAM) by 95.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 99,739 shares of the asset manager’s stock after buying an additional 48,788 shares during the quarter. Nationwide Fund Advisors owned about 0.20% of Artisan Partners Asset Management worth $3,062,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in APAM. Vanguard Group Inc. grew its holdings in Artisan Partners Asset Management by 21.7% during the 1st quarter. Vanguard Group Inc. now owns 3,767,507 shares of the asset manager’s stock valued at $103,983,000 after buying an additional 671,858 shares during the last quarter. Teachers Advisors LLC grew its holdings in Artisan Partners Asset Management by 686.1% during the 2nd quarter. Teachers Advisors LLC now owns 337,536 shares of the asset manager’s stock valued at $10,362,000 after buying an additional 294,599 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Artisan Partners Asset Management by 34.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,012,167 shares of the asset manager’s stock valued at $27,935,000 after buying an additional 261,498 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Artisan Partners Asset Management by 25.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 870,112 shares of the asset manager’s stock valued at $24,015,000 after buying an additional 179,032 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its holdings in Artisan Partners Asset Management by 7.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,224,776 shares of the asset manager’s stock valued at $68,301,000 after buying an additional 156,187 shares during the last quarter. Hedge funds and other institutional investors own 65.63% of the company’s stock.

Several equities research analysts have recently issued reports on APAM shares. BidaskClub upgraded Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a report on Saturday, September 2nd. Jefferies Group LLC restated a “hold” rating on shares of Artisan Partners Asset Management in a report on Friday, August 18th. Royal Bank Of Canada set a $36.00 price objective on Artisan Partners Asset Management and gave the stock a “buy” rating in a report on Tuesday, August 1st. TheStreet upgraded Artisan Partners Asset Management from a “c+” rating to a “b-” rating in a report on Monday, July 17th. Finally, Zacks Investment Research upgraded Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Artisan Partners Asset Management has an average rating of “Buy” and an average price target of $30.56.

Artisan Partners Asset Management Inc. (APAM) opened at 34.65 on Thursday. The firm has a market capitalization of $1.72 billion, a P/E ratio of 20.44 and a beta of 1.77. Artisan Partners Asset Management Inc. has a 1-year low of $24.48 and a 1-year high of $34.90. The company has a 50-day moving average price of $31.43 and a 200-day moving average price of $30.04.

Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings results on Monday, July 31st. The asset manager reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 business had revenue of $196.20 million during the quarter, compared to analyst estimates of $194.25 million. During the same period last year, the company earned $0.53 EPS. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities research analysts predict that Artisan Partners Asset Management Inc. will post $2.35 earnings per share for the current fiscal year.

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A number of other large investors also recently made changes to their positions in APAM. Vanguard Group Inc. grew its holdings in Artisan Partners Asset Management by 21.7% during the 1st quarter. Vanguard Group Inc. now owns 3,767,507 shares of the asset manager’s stock valued at $103,983,000 after buying an additional 671,858 shares during the last quarter. Teachers Advisors LLC grew its holdings in Artisan Partners Asset Management by 686.1% during the 2nd quarter. Teachers Advisors LLC now owns 337,536 shares of the asset manager’s stock valued at $10,362,000 after buying an additional 294,599 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Artisan Partners Asset Management by 34.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,012,167 shares of the asset manager’s stock valued at $27,935,000 after buying an additional 261,498 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Artisan Partners Asset Management by 25.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 870,112 shares of the asset manager’s stock valued at $24,015,000 after buying an additional 179,032 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its holdings in Artisan Partners Asset Management by 7.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,224,776 shares of the asset manager’s stock valued at $68,301,000 after buying an additional 156,187 shares during the last quarter. Hedge funds and other institutional investors own 65.63% of the company’s stock.

Several equities research analysts have recently issued reports on APAM shares. BidaskClub upgraded Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a report on Saturday, September 2nd. Jefferies Group LLC restated a “hold” rating on shares of Artisan Partners Asset Management in a report on Friday, August 18th. Royal Bank Of Canada set a $36.00 price objective on Artisan Partners Asset Management and gave the stock a “buy” rating in a report on Tuesday, August 1st. TheStreet upgraded Artisan Partners Asset Management from a “c+” rating to a “b-” rating in a report on Monday, July 17th. Finally, Zacks Investment Research upgraded Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Artisan Partners Asset Management has an average rating of “Buy” and an average price target of $30.56.

Artisan Partners Asset Management Inc. (APAM) opened at 34.65 on Thursday. The firm has a market capitalization of $1.72 billion, a P/E ratio of 20.44 and a beta of 1.77. Artisan Partners Asset Management Inc. has a 1-year low of $24.48 and a 1-year high of $34.90. The company has a 50-day moving average price of $31.43 and a 200-day moving average price of $30.04.

Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings results on Monday, July 31st. The asset manager reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 business had revenue of $196.20 million during the quarter, compared to analyst estimates of $194.25 million. During the same period last year, the company earned $0.53 EPS. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities research analysts predict that Artisan Partners Asset Management Inc. will post $2.35 earnings per share for the current fiscal year.

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

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