Today’s Dividend Action: Forecasted dividends of $0.60 are lurking just around the corner for Artisan Partners Asset Management Inc. (NYSE:APAM) shareholder?

Today's Dividend Action: Forecasted dividends of $0.60 are lurking just around the corner for Artisan Partners Asset Management Inc. (NYSE:APAM) shareholder?

Artisan Partners Asset Management Inc. (NYSE:APAM) is expected to pay $0.60 on Nov 30, 2016. The indicated annual dividend is $2.40. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Artisan Partners Asset Management Inc.’s current price of $27.10, the dividend is 2.21%. This dividend’s record date is Nov 16, 2016 and the announcement date is Oct 26, 2016. The stock increased 0.74% or $0.2 on November 11, hitting $27.1. About 406,398 shares traded hands. Artisan Partners Asset Management Inc (NYSE:APAM) has declined 13.75% since April 12, 2016 and is downtrending. It has underperformed by 18.73% the S&P500.

Artisan Partners Asset Management Inc. is an investment management firm focused on providing investment strategies to clients around the global. The company has a market cap of $2.03 billion. The Company’s activities are conducted through Artisan Partners Holdings LP and its subsidiaries. It has a 16.85 P/E ratio. It operates in the investment management industry.

Insitutional Activity: The institutional sentiment increased to 1.69 in Q2 2016. Its up 0.46, from 1.23 in 2016Q1. The ratio is positive, as 18 funds sold all Artisan Partners Asset Management Inc shares owned while 37 reduced positions. 24 funds bought stakes while 69 increased positions. They now own 40.07 million shares or 0.27% more from 39.96 million shares in 2016Q1.
Bnp Paribas Arbitrage Sa owns 15,175 shares or 0% of their US portfolio. The British Columbia – Canada-based Pacad Invest Limited has invested 0.01% in Artisan Partners Asset Management Inc (NYSE:APAM). Archford Cap Strategies Limited Company accumulated 94 shares or 0% of the stock. Citadel Advisors Ltd Liability Corp holds 84,628 shares or 0% of its portfolio. Blackrock Group Ltd last reported 15,869 shares in the company. Blackrock Institutional Trust Company Na holds 0% of its portfolio in Artisan Partners Asset Management Inc (NYSE:APAM) for 1.02 million shares. Ngam Ltd Partnership last reported 20,345 shares in the company. Moreover, Alliancebernstein Limited Partnership has 0% invested in Artisan Partners Asset Management Inc (NYSE:APAM) for 20,335 shares. Timessquare Management Llc owns 1.41 million shares or 0.26% of their US portfolio. Cantab Capital Prns Limited Liability Partnership has invested 0% of its portfolio in Artisan Partners Asset Management Inc (NYSE:APAM). Atlanta Cap Mgmt L L C last reported 0.48% of its portfolio in the stock. Secor Advsrs L P reported 70,519 shares or 0.25% of all its holdings. Johnson Fin Grp Inc Inc accumulated 1,110 shares or 0% of the stock. Nomura Hldgs Incorporated holds 0% or 700 shares in its portfolio. Credit Suisse Ag last reported 129,786 shares in the company.

Artisan Partners Asset Management Inc (NYSE:APAM) Ratings Coverage

Out of 7 analysts covering Artisan Partners Asset Management Inc (NYSE:APAM), 1 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 14% are positive. $57 is the highest target while $26 is the lowest. The $32.29 average target is 19.15% above today’s ($27.1) stock price. Artisan Partners Asset Management Inc has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, November 25 report. Citigroup maintained the shares of APAM in a report on Thursday, September 10 with “Neutral” rating. The stock of Artisan Partners Asset Management Inc (NYSE:APAM) earned “Hold” rating by Jefferies on Monday, January 11. As per Tuesday, December 15, the company rating was downgraded by Citigroup. As per Tuesday, October 27, the company rating was downgraded by Goldman Sachs. Citigroup upgraded Artisan Partners Asset Management Inc (NYSE:APAM) on Thursday, February 11 to “Neutral” rating. Wood maintained it with “Market Perform” rating and $29 target price in Friday, October 14 report. The company was downgraded on Friday, July 15 by Credit Suisse. Jefferies maintained Artisan Partners Asset Management Inc (NYSE:APAM) on Monday, July 11 with “Hold” rating. RBC Capital Markets maintained Artisan Partners Asset Management Inc (NYSE:APAM) on Tuesday, October 27 with “Outperform” rating.

More important recent Artisan Partners Asset Management Inc (NYSE:APAM) news were published by: Globenewswire.com which released: “Artisan Partners Asset Management Inc. Reports 3Q16 Results” on October 31, 2016, also Businesswire.com published article titled: “Artisan Partners Asset Management Inc. Reports 1Q16 Results”, Reuters.com published: “BRIEF-Artisan Partners Asset Management reports Q3 2016 results” on October 31, 2016. More interesting news about Artisan Partners Asset Management Inc (NYSE:APAM) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Simon Property Group, Artisan Partners Asset Management …” with publication date: August 11, 2016.

APAM Company Profile

Artisan Partners Asset Management Inc., incorporated on October 25, 2012, is an investment management firm focused on providing investment strategies to clients around the global. The Company’s activities are conducted through Artisan Partners Holdings LP and its subsidiaries. It operates in the investment management industry. The Firm provides investment management services to separate accounts and mutual funds, and other pooled investment vehicles. The Firm has over seven autonomous investment teams that manage a range of the United States, non-United States and global investment strategies. The Firm provides its clients with multiple long-only, equity investment strategies spanning market capitalization divisions and investing styles in both the United States and non-United States markets. It also offers a fixed income strategy, the Artisan High Income strategy.

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