Artisan Partners Asset Management (APAM) Forms $29.65 Double Top; Sei Investments Co (SEIC) Has 0.87 Sentiment

June 19, 2017 - By Winifred Garcia

Artisan Partners Asset Management Inc (APAM) formed double top with $31.73 target or 7.00% above today’s $29.65 share price. Artisan Partners Asset Management Inc (APAM) has $2.26 billion valuation. The stock increased 1.02% or $0.3 on June 16, reaching $29.65. About shares traded. Artisan Partners Asset Management Inc (NYSE:APAM) has declined 8.04% since June 19, 2016 and is downtrending. It has underperformed by 24.74% the S&P500.

SEI Investments Company provides investment processing, investment management and investment activities solutions. The company has market cap of $8.64 billion. The Firm provides its solutions to financial institutions, financial advisors, institutional investors, investment managers and ultra-high-net-worth families in the United States, Canada, the United Kingdom, continental Europe and various other locations around the world. It has a 25.72 P/E ratio. The Company’s divisions are Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses.

Analysts await SEI Investments Company (NASDAQ:SEIC) to report earnings on July, 26. They expect $0.54 EPS, up 10.20% or $0.05 from last year’s $0.49 per share. SEIC’s profit will be $85.99 million for 25.12 P/E if the $0.54 EPS becomes a reality. After $0.55 actual EPS reported by SEI Investments Company for the previous quarter, Wall Street now forecasts -1.82% negative EPS growth.

Dudley & Shanley Llc holds 5% of its portfolio in SEI Investments Company for 476,100 shares. White Elm Capital Llc owns 529,909 shares or 4.03% of their US portfolio. Moreover, Goodnow Investment Group Llc has 3.75% invested in the company for 340,915 shares. The Maryland-based Df Dent & Co Inc has invested 3.54% in the stock. American Capital Management Inc, a New York-based fund reported 816,625 shares.

Since January 1, 0001, it had 0 buys, and 21 sales for $26.67 million activity.

The stock increased 0.28% or $0.15 on June 16, reaching $54.26. About shares traded. SEI Investments Company (SEIC) has risen 1.87% since June 19, 2016 and is uptrending. It has underperformed by 14.83% the S&P500.

Investors sentiment decreased to 1.23 in 2016 Q4. Its down 0.11, from 1.34 in 2016Q3. It is negative, as 19 investors sold Artisan Partners Asset Management Inc shares while 50 reduced holdings. 33 funds opened positions while 52 raised stakes. 42.86 million shares or 5.68% more from 40.56 million shares in 2016Q3 were reported. Moreover, Geode Cap Lc has 0% invested in Artisan Partners Asset Management Inc (NYSE:APAM) for 263,003 shares. Principal Grp Incorporated has invested 0% in Artisan Partners Asset Management Inc (NYSE:APAM). Fdx Advisors Inc invested in 0.02% or 23,362 shares. Los Angeles Management & Equity Inc accumulated 0.09% or 403,527 shares. D E Shaw And stated it has 0% of its portfolio in Artisan Partners Asset Management Inc (NYSE:APAM). Denver Advisors reported 0.94% of its portfolio in Artisan Partners Asset Management Inc (NYSE:APAM). California State Teachers Retirement System reported 0% in Artisan Partners Asset Management Inc (NYSE:APAM). Bb&T Secs Lc holds 0.03% or 63,657 shares. Aperio Limited Company owns 51,469 shares or 0.01% of their US portfolio. Wells Fargo Mn owns 1.93 million shares for 0.02% of their portfolio. Lazard Asset Llc, New York-based fund reported 255,040 shares. California-based Fuller And Thaler Asset Mngmt has invested 0.81% in Artisan Partners Asset Management Inc (NYSE:APAM). Cantab Cap Ptnrs Limited Liability Partnership accumulated 15,867 shares or 0% of the stock. Johnson Fin Inc accumulated 0% or 575 shares. Da Davidson, Montana-based fund reported 3,010 shares.

Analysts await Artisan Partners Asset Management Inc (NYSE:APAM) to report earnings on July, 24. They expect $0.56 EPS, up 5.66% or $0.03 from last year’s $0.53 per share. APAM’s profit will be $42.68 million for 13.24 P/E if the $0.56 EPS becomes a reality. After $0.52 actual EPS reported by Artisan Partners Asset Management Inc for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Among 9 analysts covering Artisan Partners Asset Management Inc (NYSE:APAM), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Artisan Partners Asset Management Inc had 29 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, January 11, the company rating was downgraded by Goldman Sachs. The company was maintained on Friday, March 31 by Sidoti. The firm earned “Neutral” rating on Friday, July 15 by Credit Suisse. On Monday, January 11 the stock rating was downgraded by Jefferies to “Hold”. Wood maintained the shares of APAM in report on Friday, October 14 with “Market Perform” rating. Wood maintained the stock with “Market Perform” rating in Thursday, September 3 report. Goldman Sachs downgraded the shares of APAM in report on Wednesday, January 4 to “Sell” rating. The firm has “Underperform” rating given on Tuesday, June 28 by Bank of America. As per Tuesday, July 21, the company rating was upgraded by Credit Suisse. Citigroup maintained the stock with “Neutral” rating in Thursday, September 10 report.

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By1 Winifred Garcia

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