2023-01-31 17:43:00 APAM Artisan Partners
01/31/23 01/3117:43 01/31/2317:43 | Artisan Partners reports Q4 EPS 65c, consensus 62cReports Q4 revenue $226M, consensus $222.87M. "From a short-term perspective, 2022 was a difficult year. Our AUM declined 27% from $175B to $128B, as a result of $9.8B in net outflows and $36.6B in investment declines. In the fourth quarter, though, the power of our equity engine resulted in investment returns outpacing net outflows. We have continued to benefit from the market rebound-particularly in non-U.S. markets, including China-in early 2023. "While 94% of our AUM is in investment strategies that primarily invest in equity securities, we believe we are at an inflection point in the development of our fixed income businesses. Since 2013, when we made a strategic investment to expand and diversify into fixed income, we have never seen excitement around potential fixed income returns and allocations like we do today. Because of our long-term investments, we now offer six high value-added fixed income strategies spanning high-yield, leveraged loans, long-short credit, emerging markets debt and global macro. We are optimistic about the near, medium and long-term growth prospects of our two fixed income teams, the Artisan Credit team and the EMsights Capital Group." |
|
---|
Recommendations
|
PG&E price target raised to $21 from $20 at RBC Capital »
07:26 05/30/23 05/3007:26 05/30/2307:26
PCG
PG&E
RBC Capital analyst… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Monolithic Power price target raised to $625 from $500 at TD Cowen »
07:25 05/30/23 05/3007:25 05/30/2307:25
MPWR
Monolithic Power
TD Cowen raised the… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
SilverBow Resources price target lowered to $39 from $44 at Truist »
07:25 05/30/23 05/3007:25 05/30/2307:25
SBOW
SilverBow Resources
Truist analyst Neal… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
W&T Offshore price target lowered to $7.90 from $8.20 at Stifel »
07:24 05/30/23 05/3007:24 05/30/2307:24
WTI
W&T Offshore
Stifel analyst Derrick… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Talos Energy price target raised to $23 from $22 at Stifel »
07:24 05/30/23 05/3007:24 05/30/2307:24
TALO
Talos Energy
Stifel raised the… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
AutoZone price target lowered to $3,020 from $3,125 at Citi »
07:24 05/30/23 05/3007:24 05/30/2307:24
AZO
AutoZone
Citi analyst Steven… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Northern Oil and Gas price target lowered to $42 from $43 at Stifel »
07:24 05/30/23 05/3007:24 05/30/2307:24
NOG
Northern Oil and Gas
Stifel analyst Derrick… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Chord Energy price target lowered to $176 from $182 at Stifel »
07:23 05/30/23 05/3007:23 05/30/2307:23
CHRD
Chord Energy
Stifel lowered the… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Spirit AeroSystems price target lowered to $25 from $26 at BofA »
07:21 05/30/23 05/3007:21 05/30/2307:21
SPR
Spirit AeroSystems
Boeing
BofA analyst Ronald… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Sun Communities price target lowered to $153 from $158 at RBC Capital »
07:21 05/30/23 05/3007:21 05/30/2307:21
SUI
Sun Communities
RBC Capital analyst Brad… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Wayfair added to Analyst Focus List at JPMorgan »
07:21 05/30/23 05/3007:21 05/30/2307:21
W
Wayfair
JPMorgan added Wayfair to… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Ellington Financial to acquire Arlington for $4.77 p/s in accretive deal »
07:20 05/30/23 05/3007:20 05/30/2307:20
EFC
Ellington Financial
Arlington Asset Investment
Ellington Financial (EFC)… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
NetEase price target raised to $127 from $116 at BofA »
07:18 05/30/23 05/3007:18 05/30/2307:18
NTES
NetEase
BofA analyst Lei Zhang… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
ProAssurance shares 'so inexpensive' after dividend news, say Piper Sandler »
07:18 05/30/23 05/3007:18 05/30/2307:18
PRA
ProAssurance
Piper Sandler analyst… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Royal Caribbean price target raised to $85 from $72 at Truist »
07:18 05/30/23 05/3007:18 05/30/2307:18
RCL
Royal Caribbean
Truist raised the… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Carnival price target raised to $11 from $10 at Truist »
07:17 05/30/23 05/3007:17 05/30/2307:17
CCL
Carnival
Truist analyst Patrick… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
ACV Auctions price target raised to $18 from $15.50 at BofA »
07:17 05/30/23 05/3007:17 05/30/2307:17
ACVA
ACV Auctions
BofA analyst Nat… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Zentek, Pattern Energy collaborate on icephobic technology for wind turbine »
07:16 05/30/23 05/3007:16 05/30/2307:16
ZTEK
Zentek
Zentek announced a… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Hims & Hers price target lowered to $11 from $12 at Piper Sandler »
07:15 05/30/23 05/3007:15 05/30/2307:15
HIMS
Hims & Hers
Piper Sandler lowered the… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Clover Leaf Capital announces option agreement between North Shore, Skyharbour »
07:15 05/30/23 05/3007:15 05/30/2307:15
CLOE
Clover Leaf Capital
Clover Leaf Capital… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Protalix CEO issues letter to shareholders »
07:15 05/30/23 05/3007:15 05/30/2307:15
PLX
Protalix
Protalix announced the… Story temporarily locked. ShowHide Related Items >><<
|
General news
| FX Action: the DXY dollar… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Natera price target lowered to $70 from $80 at Piper Sandler »
07:14 05/30/23 05/3007:14 05/30/2307:14
NTRA
Natera
Piper Sandler analyst… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
NeoGenomics to showcase RaDaR Assay at ASCO meeting »
07:12 05/30/23 05/3007:12 05/30/2307:12
NEO
NeoGenomics
NeoGenomics announced new… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Contango Ore to join Russell 3000 index »
07:12 05/30/23 05/3007:12 05/30/2307:12
CTGO
Contango Ore
Contango Ore announced… Story temporarily locked. ShowHide Related Items >><<
|