![]() price-consensus-eps-surprise-chart | Artisan Partners Asset Management Inc. Price, Consensus and EPS SurpriseĪrtisan Partners Asset Management Inc. The company’s debt leverage ratio, calculated in accordance with its loan agreements, was 0.3 as of Dec 31, 2021.Īrtisan Partners Asset Management Inc. Balance Sheet Position StrongĬash and cash equivalents were $189.2 million compared with $155 million as of Dec 31, 2020. The average AUM totaled $175.9 billion, up 40.8% year over year. The company witnessed net client cash inflows of $1.7 billion and $17.6 billion of investment returns in the fourth quarter. ![]() ![]() AUM Increases on Net InflowsĪs of Dec 31, 2021, ending AUM was $174.8 billion, up 10.8% from the year-earlier quarter. The operating income was $137.8 million, up 21.4% year over year. The rise was primarily due to higher incentive compensation, compensation and benefits, and travel expenses. Total operating expenses amounted to $177.2 million, up 20% year over year. Management fees earned from Separate accounts grew 15.3% to $116 million. Management fees earned from the Artisan Funds & Artisan Global Funds rose 25% year over year to $196.9 million. The top line surpassed the Zacks Consensus Estimate of $313.4 million. The rise primarily resulted from a higher average AUM balance. Also, the top line surpassed the consensus estimate of $1.23 billion.įourth-quarter revenues were $315 million, rising 20.6% from the year-ago quarter. In 2021, total revenues climbed 36.4% year over year to $1.23 billion. Net income available to common shareholders of $336.5 million increased from $212.6 million in 2020. In 2021, adjusted net income per adjusted share of $5.03 beat the consensus estimate of $4.99 and rose 51% year over year. Net income attributable to Artisan Partners (GAAP basis) was $84.6 million, up from $73.1 million. However, an increase in expenses was an undermining factor. Results were supported by a rise in revenues and higher assets under management (AUM). The bottom line soared from $1.06 in the year-ago quarter. All Rights Reserved.Artisan Partners Asset Management Inc.’s APAM fourth-quarter 2021 adjusted net income per adjusted share was $1.29, surpassing the Zacks Consensus Estimate of $1.25. Artisan Partners Limited Partnership does not provide investment advice directly to shareholders of the Artisan Partners Funds. Artisan Partners Limited Partnership, an investment advisory firm and adviser to Artisan Partners Funds, is owned by Artisan Partners Holdings, LP. The information contained herein is not intended to constitute, or be construed as, investment advice and any portfolio data or characteristics relating to individual accounts managed to an investment strategy, including pooled investment vehicles, may vary from what is shown for the strategy model portfolio or composite of accounts.Īrtisan Partners Funds are distributed through Artisan Partners Distributors LLC, member FINRA, a wholly owned broker/dealer subsidiary of Artisan Partners Holdings LP. Investment advisory services are offered through Artisan Partners Limited Partnership (APLP), an investment adviser registered with the U.S. Materials on this website are informational only and should not be taken as investment recommendation or advice of any kind whatsoever (whether impartial or otherwise).Īrtisan Partners offers investment strategies in the form of institutional separately managed accounts. This website does not constitute an offer or recommendation by Artisan Partners or any of its affiliated entities (collectively, "Artisan Partners") of securities or services to, or a solicitation by Artisan Partners of an offer to buy securities or services from, any person residing in a jurisdiction outside the United States in which such an offer or solicitation would be unlawful under the applicable laws and regulations. ![]() The financial services and products described on this website are intended to be made available only to persons in the United States. ![]()
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