Marshall Wace North America L.P. Has $348,000 Stock Holdings in Artisan Partners Asset Management Inc (NYSE:APAM)

Marshall Wace North America L.P. lessened its position in shares of Artisan Partners Asset Management Inc (NYSE:APAM) by 77.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,795 shares of the asset manager’s stock after selling 46,180 shares during the period. Marshall Wace North America L.P.’s holdings in Artisan Partners Asset Management were worth $348,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of APAM. Meeder Asset Management Inc. lifted its holdings in shares of Artisan Partners Asset Management by 230.6% during the 1st quarter. Meeder Asset Management Inc. now owns 3,065 shares of the asset manager’s stock worth $77,000 after acquiring an additional 2,138 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in shares of Artisan Partners Asset Management by 65.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,469 shares of the asset manager’s stock worth $112,000 after acquiring an additional 1,767 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of Artisan Partners Asset Management by 7.5% during the 4th quarter. Great West Life Assurance Co. Can now owns 7,268 shares of the asset manager’s stock worth $153,000 after acquiring an additional 504 shares during the period. SG Americas Securities LLC bought a new stake in shares of Artisan Partners Asset Management during the 1st quarter worth approximately $156,000. Finally, NumerixS Investment Technologies Inc bought a new stake in shares of Artisan Partners Asset Management during the 1st quarter worth approximately $182,000. 63.56% of the stock is owned by institutional investors.

A number of analysts have recently weighed in on APAM shares. ValuEngine downgraded shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Zacks Investment Research downgraded shares of ExlService from a “hold” rating to a “sell” rating in a report on Wednesday, July 10th. Citigroup upped their price target on shares of T. Rowe Price Group from $98.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. TheStreet raised shares of Vectrus from a “c+” rating to a “b” rating in a research note on Monday, April 15th. Finally, Bank of America set a $180.00 price objective on shares of CME Group and gave the company a “hold” rating in a research note on Tuesday, April 9th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Artisan Partners Asset Management presently has a consensus rating of “Hold” and an average price target of $29.80.

NYSE:APAM traded up $0.18 on Friday, hitting $28.94. The company had a trading volume of 368,300 shares, compared to its average volume of 466,230. The stock has a market cap of $2.25 billion, a PE ratio of 9.85, a price-to-earnings-growth ratio of 1.52 and a beta of 1.85. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 3.30. The company’s 50 day moving average price is $26.76. Artisan Partners Asset Management Inc has a 52 week low of $20.16 and a 52 week high of $35.50.

Artisan Partners Asset Management (NYSE:APAM) last issued its quarterly earnings data on Tuesday, April 30th. The asset manager reported $0.55 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.55. The business had revenue of $187.00 million during the quarter, compared to the consensus estimate of $186.26 million. Artisan Partners Asset Management had a net margin of 18.48% and a return on equity of 172.79%. The firm’s revenue was down 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.78 EPS. As a group, equities analysts expect that Artisan Partners Asset Management Inc will post 2.66 earnings per share for the current fiscal year.

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.

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

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