Burgundy Asset Management Ltd Decreased Artisan Partners Asset Management Inc. (NYSE:APAM) Stake By $45.14 Million

August 13, 2018 - By Mark Mitchell

Investors sentiment decreased to 1.17 in 2018 Q1. Its down 0.49, from 1.66 in 2017Q4. It fall, as 19 investors sold APAM shares while 69 reduced holdings. 37 funds opened positions while 66 raised stakes. 47.43 million shares or 1.52% less from 48.16 million shares in 2017Q4 were reported. Cubist Systematic Strategies Limited Liability owns 7,594 shares. Northern holds 0.01% or 693,321 shares. Pub Employees Retirement Of Ohio holds 0.02% or 94,951 shares. Strs Ohio holds 0% or 26,400 shares. Natixis Advsrs Ltd Partnership has 0.05% invested in Artisan Partners Asset Management Inc. (NYSE:APAM) for 161,158 shares. Renaissance Tech Ltd Co has 0.02% invested in Artisan Partners Asset Management Inc. (NYSE:APAM). State Board Of Administration Of Florida Retirement Sys reported 14,072 shares stake. Atlanta Cap Management L L C has invested 0.42% of its portfolio in Artisan Partners Asset Management Inc. (NYSE:APAM). Advisory, Illinois-based fund reported 31,791 shares. The United Kingdom-based Old Mutual Glob Investors (Uk) Limited has invested 0.04% in Artisan Partners Asset Management Inc. (NYSE:APAM). Vident Invest Advisory Limited Liability Corporation accumulated 89,704 shares or 0.12% of the stock. California Employees Retirement holds 0% or 56,150 shares in its portfolio. Bb&T Secs Limited holds 20,096 shares or 0.01% of its portfolio. Asset Mngmt One holds 0.01% or 129,150 shares. First Republic Inv Mngmt holds 0% or 16,639 shares.

Burgundy Asset Management Ltd decreased its stake in Artisan Partners Asset Management Inc. (NYSE:APAM) by 98.12% based on its latest 2018Q2 regulatory filing with the SEC. Burgundy Asset Management Ltd sold 1.50 million shares as the company’s stock declined 4.75% with the market. The institutional investor held 28,900 shares of the investment managers company at the end of 2018Q2, valued at $871,000, down from 1.53 million at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Artisan Partners Asset Management Inc. for a number of months, seems to be less bullish one the $2.61 billion market cap company. The stock decreased 1.74% or $0.6 during the last trading session, reaching $33.9. About 296,595 shares traded or 5.95% up from the average. Artisan Partners Asset Management Inc. (NYSE:APAM) has risen 19.60% since August 13, 2017 and is uptrending. It has outperformed by 7.03% the S&P500.

Burgundy Asset Management Ltd is a Ontario, Canada-based institutional investor with more than $19.85 billion AUM in January, 2015. This fund invests only a small percentage of its assets in equities and options. Taken from Burgundy Asset Management latest Adv, the fund reported to have 106 full and part-time employees. Among which 41 performing investment advisory and research functions. The institutional investor had more than 2000 clients.

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

Among 3 analysts covering Artisan Partners (NYSE:APAM), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Artisan Partners had 4 analyst reports since February 15, 2018 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Thursday, August 2. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, April 10. The firm has “Hold” rating by Jefferies given on Thursday, February 15. Jefferies maintained the stock with “Hold” rating in Wednesday, April 11 report.

Artisan Partners Asset Management Inc. is publicly owned investment manager. The company has market cap of $2.61 billion. 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. It has a 23.57 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

More news for Artisan Partners Asset Management Inc. (NYSE:APAM) were recently published by: Nasdaq.com, which released: “Artisan Partners Asset Management Inc. to Announce 2Q18 Results on July 31, 2018” on July 17, 2018. Globenewswire.com‘s article titled: “Artisan Partners Asset Management Inc. Reports 2Q18 Results” and published on July 31, 2018 is yet another important article.

Artisan Partners Asset Management Inc. (NYSE:APAM) Ratings Chart

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