Artisan Partners Asset Management Inc (NYSE:APAM) Dips To New 52 Week Low

Artisan Partners Asset Management Inc (NYSE:APAM)

December 6th, 2018
Artisan Partners Asset Management Inc finished Thursday’s trading session down 2.56%, a $0.65 decrease to close on $24.77. As well as the drop in value, Artisan Partners Asset Management Inc hit a new 52 week low of $24.11, breaking the previous low of $25.04 from earlier this month.

APAM was outperformed by the rest of the Financials sector which went down only 1.44%.

Expectations from 6 analysts points to the possibility that Artisan Partners Asset Management Inc could rise quite a bit (18%), while Finbox has calculated (with high uncertainty) a fair value price of $27.78.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.67%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials both saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.67% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.09% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.38% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Artisan Partners Asset Management is based in Milwaukee, United States of America. Artisan Partners Asset Management was founded in 1994.

Artisan Partners Asset Management Inc Info

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. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

All amounts in USD unless otherwise indicated
APAM daily update

APAM daily update
APAM daily update

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