On Tuesday Artisan Partners Asset Management Inc. (NYSE: APAM) has shown downward move of -5.01% and ended the last trade at $30.35. The trading volume was recorded to 336,480 shares as compared to average traded volume of 318,881 shares.
Artisan Partners Asset Management Inc. (APAM) recently reported that its board of directors has reported a quarterly dividend of $0.60 per share of Class A ordinary stock. The dividend will be paid on May 31, 2018, to shareholders of record as of the close of business on May 17, 2018. Based on Artisan’s projections and subject to change, the company expects some portion of its 2018 dividend payments to constitute a return of capital for tax purposes.
APAM stated that its assets under management (AUM) as of May 31, 2018 totaled $115.0B. Separate accounts1 accounted for $56.9B of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $58.1B.
The stock established a negative trend of -5.30% in last week and indicated fall of -8.31% in previous month. (APAM) price volatility for a month noted as 1.98% however its price volatility for a week documented as 2.71%. The company has the institutional ownership of 98.20% while the Beta factor was 1.71. The stock’s RSI amounts to 27.06.
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.
A look on the firm performance, its monthly performance is -8.31% and a quarterly performance of -8.03%. The stock price is moving down from its 20 days moving average with -6.45% and isolated negatively from 50 days moving average with -7.01%.