Nisa Investment Advisors LLC Has $1.12 Million Holdings in Artisan Partners Asset Management Inc. (NYSE:APAM)

Nisa Investment Advisors LLC decreased its stake in shares of Artisan Partners Asset Management Inc. (NYSE:APAM) by 18.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 25,442 shares of the asset manager’s stock after selling 5,700 shares during the period. Nisa Investment Advisors LLC’s holdings in Artisan Partners Asset Management were worth $1,124,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in APAM. Private Trust Co. NA increased its holdings in shares of Artisan Partners Asset Management by 458.3% during the 3rd quarter. Private Trust Co. NA now owns 670 shares of the asset manager’s stock valued at $25,000 after acquiring an additional 550 shares during the last quarter. First Capital Advisors Group LLC. acquired a new stake in Artisan Partners Asset Management in the 2nd quarter valued at approximately $25,000. Acadian Asset Management LLC acquired a new stake in Artisan Partners Asset Management in the 1st quarter valued at approximately $26,000. State of Wyoming acquired a new stake in Artisan Partners Asset Management in the 4th quarter valued at approximately $26,000. Finally, Allworth Financial LP grew its holdings in Artisan Partners Asset Management by 716.0% in the 4th quarter. Allworth Financial LP now owns 612 shares of the asset manager’s stock valued at $27,000 after buying an additional 537 shares during the last quarter. Institutional investors and hedge funds own 86.45% of the company’s stock.

Artisan Partners Asset Management Price Performance

Shares of APAM stock opened at $42.98 on Tuesday. The stock has a 50 day moving average of $43.69 and a two-hundred day moving average of $40.73. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.57. Artisan Partners Asset Management Inc. has a 12 month low of $31.27 and a 12 month high of $46.75. The company has a market capitalization of $3.43 billion, a P/E ratio of 13.60 and a beta of 1.85.

Artisan Partners Asset Management (NYSE:APAM) last announced its quarterly earnings data on Wednesday, January 31st. The asset manager reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. Artisan Partners Asset Management had a return on equity of 73.85% and a net margin of 22.80%. The company had revenue of $249.00 million during the quarter, compared to the consensus estimate of $249.90 million. During the same quarter last year, the company earned $0.65 EPS. The company’s quarterly revenue was up 10.2% on a year-over-year basis. As a group, equities analysts expect that Artisan Partners Asset Management Inc. will post 3.42 EPS for the current year.

Artisan Partners Asset Management Increases Dividend

The company also recently disclosed a None dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were given a $1.02 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a dividend yield of 5.5%. This is an increase from Artisan Partners Asset Management’s previous None dividend of $0.65. Artisan Partners Asset Management’s dividend payout ratio (DPR) is currently 86.08%.

Analyst Ratings Changes

APAM has been the topic of a number of research analyst reports. StockNews.com raised Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a report on Sunday, March 17th. TD Cowen initiated coverage on Artisan Partners Asset Management in a report on Thursday, January 4th. They issued a “market perform” rating and a $41.00 target price on the stock.

Insiders Place Their Bets

In other Artisan Partners Asset Management news, EVP Gregory K. Ramirez sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $42.28, for a total value of $105,700.00. Following the completion of the sale, the executive vice president now owns 83,335 shares in the company, valued at approximately $3,523,403.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 18.50% of the company’s stock.

Artisan Partners Asset Management Company Profile

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.