Positive News Coverage Somewhat Unlikely to Affect Artisan Partners Asset Management (APAM) Stock Price

News headlines about Artisan Partners Asset Management (NYSE:APAM) have trended positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Artisan Partners Asset Management earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 45.4638951519434 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media stories that may have effected Accern’s analysis:

Artisan Partners Asset Management (NYSE APAM) traded up $0.40 on Monday, reaching $39.80. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market capitalization of $3,010.00, a P/E ratio of 21.40, a PEG ratio of 0.94 and a beta of 1.82. Artisan Partners Asset Management has a 52-week low of $26.30 and a 52-week high of $40.65.

Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings data on Tuesday, October 31st. The asset manager reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The firm had revenue of $204.60 million during the quarter, compared to analysts’ expectations of $204.53 million. Artisan Partners Asset Management had a net margin of 12.58% and a return on equity of 95.09%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.56 EPS. equities research analysts predict that Artisan Partners Asset Management will post 2.42 earnings per share for the current year.

A number of equities research analysts recently issued reports on APAM shares. BidaskClub upgraded shares of Artisan Partners Asset Management from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. ValuEngine cut shares of Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $40.00 target price on shares of Artisan Partners Asset Management in a research report on Friday, December 22nd. Royal Bank of Canada set a $41.00 target price on shares of Artisan Partners Asset Management and gave the stock a “buy” rating in a research report on Friday, December 15th. Finally, Zacks Investment Research upgraded shares of Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $34.92.

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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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