Press coverage about Artisan Partners Asset Management (NYSE:APAM) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Artisan Partners Asset Management earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the asset manager an impact score of 46.7049784995977 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Analysts Expect Artisan Partners Asset Management Inc (APAM) Will Post Quarterly Sales of $208.80 Million (americanbankingnews.com)
- Artisan Partners Asset Management (APAM) Rating Lowered to Strong Sell at Zacks Investment Research (americanbankingnews.com)
- Zacks: Analysts Expect Artisan Partners Asset Management Inc (APAM) to Announce $0.72 EPS (americanbankingnews.com)
- Artisan Partners Asset Management (APAM) vs. Eagle Point Credit (ECC) Head-To-Head Survey (americanbankingnews.com)
A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Artisan Partners Asset Management from a “hold” rating to a “strong sell” rating in a research report on Monday. Keefe, Bruyette & Woods reissued a “hold” rating and set a $40.00 price target on shares of Artisan Partners Asset Management in a research report on Friday, December 22nd. Royal Bank of Canada set a $46.00 price target on Artisan Partners Asset Management and gave the stock a “buy” rating in a research report on Wednesday, February 7th. ValuEngine downgraded Artisan Partners Asset Management from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Bank of America dropped their price target on Artisan Partners Asset Management from $38.00 to $36.00 and set an “underperform” rating on the stock in a research report on Thursday, February 8th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $37.33.
Artisan Partners Asset Management (NYSE:APAM) last issued its quarterly earnings data on Tuesday, February 6th. The asset manager reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.02). Artisan Partners Asset Management had a net margin of 6.23% and a return on equity of 119.11%. The company had revenue of $210.70 million for the quarter, compared to the consensus estimate of $211.23 million. During the same period in the previous year, the business earned $0.53 EPS. Artisan Partners Asset Management’s revenue for the quarter was up 16.1% compared to the same quarter last year. sell-side analysts predict that Artisan Partners Asset Management will post 3.17 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 7.22%. The ex-dividend date of this dividend was Tuesday, February 13th. Artisan Partners Asset Management’s payout ratio is currently 315.79%.
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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