Tudor Investment Corp ET AL Has $726,000 Stake in Artisan Partners Asset Management Inc. (NYSE:APAM)

Tudor Investment Corp ET AL reduced its stake in Artisan Partners Asset Management Inc. (NYSE:APAM) by 38.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,652 shares of the asset manager’s stock after selling 14,880 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Artisan Partners Asset Management were worth $726,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. HighTower Advisors LLC lifted its holdings in Artisan Partners Asset Management by 37.4% in the 2nd quarter. HighTower Advisors LLC now owns 12,704 shares of the asset manager’s stock worth $390,000 after purchasing an additional 3,457 shares during the last quarter. People s United Financial Inc. lifted its holdings in shares of Artisan Partners Asset Management by 5.6% during the second quarter. People s United Financial Inc. now owns 8,813 shares of the asset manager’s stock worth $270,000 after buying an additional 467 shares during the last quarter. Hillsdale Investment Management Inc. lifted its holdings in shares of Artisan Partners Asset Management by 270.6% during the second quarter. Hillsdale Investment Management Inc. now owns 47,440 shares of the asset manager’s stock worth $1,456,000 after buying an additional 34,640 shares during the last quarter. OxFORD Asset Management LLP lifted its holdings in shares of Artisan Partners Asset Management by 5.0% during the second quarter. OxFORD Asset Management LLP now owns 48,559 shares of the asset manager’s stock worth $1,491,000 after buying an additional 2,298 shares during the last quarter. Finally, Epoch Investment Partners Inc. lifted its holdings in shares of Artisan Partners Asset Management by 1.6% during the second quarter. Epoch Investment Partners Inc. now owns 600,200 shares of the asset manager’s stock worth $18,426,000 after buying an additional 9,735 shares during the last quarter. Hedge funds and other institutional investors own 65.63% of the company’s stock.

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

Shares of Artisan Partners Asset Management Inc. (NYSE APAM) opened at 34.80 on Tuesday. The company has a market cap of $1.73 billion, a PE ratio of 20.53 and a beta of 1.77. The stock’s 50 day moving average price is $31.77 and its 200 day moving average price is $30.17. Artisan Partners Asset Management Inc. has a one year low of $24.48 and a one year high of $35.25.

Artisan Partners Asset Management (NYSE:APAM) last posted its quarterly earnings results on Monday, July 31st. The asset manager reported $0.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.01). Artisan Partners Asset Management had a net margin of 11.37% and a return on equity of 78.75%. The business had revenue of $196.20 million during the quarter, compared to analysts’ expectations of $194.25 million. During the same quarter in the previous year, the business posted $0.53 EPS. The company’s quarterly revenue was up 8.5% on a year-over-year basis. Equities 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.

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

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