OxFORD Asset Management LLP lifted its position in shares of Artisan Partners Asset Management Inc. (NYSE:APAM) by 5.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,559 shares of the asset manager’s stock after buying an additional 2,298 shares during the quarter. OxFORD Asset Management LLP owned about 0.10% of Artisan Partners Asset Management worth $1,491,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of APAM. Vanguard Group Inc. raised its stake in Artisan Partners Asset Management by 21.7% in the first quarter. Vanguard Group Inc. now owns 3,767,507 shares of the asset manager’s stock valued at $103,983,000 after purchasing an additional 671,858 shares in the last quarter. Northern Trust Corp raised its stake in Artisan Partners Asset Management by 93.6% in the second quarter. Northern Trust Corp now owns 734,735 shares of the asset manager’s stock valued at $22,556,000 after purchasing an additional 355,272 shares in the last quarter. Teachers Advisors LLC raised its stake in Artisan Partners Asset Management by 686.1% in the second quarter. Teachers Advisors LLC now owns 337,536 shares of the asset manager’s stock valued at $10,362,000 after purchasing an additional 294,599 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Artisan Partners Asset Management by 34.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,012,167 shares of the asset manager’s stock valued at $27,935,000 after purchasing an additional 261,498 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Artisan Partners Asset Management by 25.9% in the first quarter. Dimensional Fund Advisors LP now owns 870,112 shares of the asset manager’s stock valued at $24,015,000 after purchasing an additional 179,032 shares in the last quarter. 65.63% of the stock is owned by institutional investors.

Shares of Artisan Partners Asset Management Inc. (NYSE APAM) opened at 34.45 on Wednesday. The company has a market capitalization of $1.71 billion, a PE ratio of 20.32 and a beta of 1.77. The stock’s 50 day moving average price is $31.29 and its 200 day moving average price is $30.01. Artisan Partners Asset Management Inc. has a 12-month low of $24.48 and a 12-month high of $34.90.

Artisan Partners Asset Management (NYSE:APAM) last announced its quarterly earnings data on Monday, July 31st. The asset manager reported $0.58 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.01). The firm had revenue of $196.20 million for the quarter, compared to analysts’ expectations of $194.25 million. Artisan Partners Asset Management had a net margin of 11.37% and a return on equity of 78.75%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.53 earnings per share. On average, equities research analysts forecast that Artisan Partners Asset Management Inc. will post $2.34 earnings per share for the current year.

Several research analysts have commented on APAM shares. BidaskClub raised Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research note on Saturday, September 2nd. Jefferies Group LLC reissued 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 stock a “buy” rating in a research note on Tuesday, August 1st. TheStreet raised Artisan Partners Asset Management from a “c+” rating to a “b-” rating in a research note on Monday, July 17th. Finally, Zacks Investment Research raised Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $30.56.

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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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