What’s Artisan Partners Asset Management Inc Class A Com (NYSE:APAM) Upside After This Short Interest Decrease?

September 16, 2018 - By Sheila Anderson

Investors sentiment decreased to 1.06 in 2018 Q2. Its down 0.11, from 1.17 in 2018Q1. It dropped, as 25 investors sold Artisan Partners Asset Management Inc. shares while 60 reduced holdings. 27 funds opened positions while 63 raised stakes. 46.84 million shares or 1.24% less from 47.43 million shares in 2018Q1 were reported.
Fuller & Thaler Asset Mgmt holds 1.47 million shares or 0.48% of its portfolio. Apg Asset Nv reported 0.01% of its portfolio in Artisan Partners Asset Management Inc. (NYSE:APAM). Channing Cap Mgmt Limited Liability Com has 1.94 million shares for 2.07% of their portfolio. Bluemountain Ltd Liability Corp has 220 shares. State Street Corp reported 1.02 million shares stake. Archford Capital Strategies has invested 0% of its portfolio in Artisan Partners Asset Management Inc. (NYSE:APAM). 10,421 were accumulated by Comerica Bank. Cubist Systematic Strategies Limited Liability Company has 9,584 shares for 0.01% of their portfolio. Jennison Associate Ltd Com holds 29,562 shares. Moreover, Hartford Inv has 0.01% invested in Artisan Partners Asset Management Inc. (NYSE:APAM) for 7,439 shares. Guggenheim Capital Limited Liability Corporation accumulated 0.01% or 43,493 shares. First Mercantile Trust Co has invested 0.06% of its portfolio in Artisan Partners Asset Management Inc. (NYSE:APAM). Vident Inv Advisory Limited Liability Co owns 107,708 shares. Moreover, Fisher Asset Mgmt Limited has 0.07% invested in Artisan Partners Asset Management Inc. (NYSE:APAM). Howe & Rusling accumulated 0% or 81 shares.

The stock of Artisan Partners Asset Management Inc Class A Com (NYSE:APAM) registered a decrease of 11.69% in short interest. APAM’s total short interest was 2.00 million shares in September as published by FINRA. Its down 11.69% from 2.26M shares, reported previously. With 231,900 shares average volume, it will take short sellers 9 days to cover their APAM’s short positions. The short interest to Artisan Partners Asset Management Inc Class A Com’s float is 4.19%.

The stock increased 2.04% or $0.65 during the last trading session, reaching $32.55. About 204,723 shares traded. Artisan Partners Asset Management Inc. (NYSE:APAM) has risen 8.87% since September 16, 2017 and is uptrending. It has underperformed by 6.75% the S&P500.

Artisan Partners Asset Management Inc. is publicly owned investment manager. The company has market cap of $2.51 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 22.64 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

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 has $3400 highest and $3300 lowest target. $33.67’s average target is 3.44% above currents $32.55 stock price. Artisan Partners had 3 analyst reports since April 10, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, April 11 by Jefferies. The rating was maintained by Bank of America with “Underperform” on Thursday, August 2. The rating was maintained by Keefe Bruyette & Woods on Tuesday, April 10 with “Hold”.

Another recent and important Artisan Partners Asset Management Inc. (NYSE:APAM) news was published by Globenewswire.com which published an article titled: “Artisan Partners Asset Management Inc. Reports August 2018 Assets Under Management” on September 12, 2018.

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

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