Artio Global Investors

Despite Artio Global Investors' (NYSE: ART) lower month-end assets report, Deutsche Bank is maintaining its estimates and Hold rating on the stock. “Given weak equity markets (S&P 500‐1.7% and MSCI‐EAFE ‐1.2%), mixed credit markets, muted FX, and signs of continued elevated outflows, Artio...

Goldman Sachs, which lowerd its PT on shares of Artio Global Investors (NYSE: ART), is providing some color on the stock. “ART reported June AUM of $46.8 bn, down 4.9% mom and 9% qoq from 1Q2011, below our estimate of $47.2 bn,” Goldman Sachs writes. “We estimate market performance accounted for...

Deutsche Bank has changed the price target on the following companies: Artio Global Investors (NYSE: ART) Hold, PT from $16 to $14 BlackRock (NYSE: BLK) Buy, PT from $230 to $225 Cohen & Steers (NYSE: CNS) Hold, PT from $33 to $34 Invesco (NYSE: IVZ) Buy, PT from $31 to $30 Janus...

Citigroup has changed the price target on the following companies: AllianceBernstein (NYSE: AB) From $20.00 to $19.00 Affiliated Managers Group (NYSE: AMG) From $128.00 to $122.00 Apollo Global Management (NASDAQ: APO) From $24.00 to $23.00 Artio Global Investors (NYSE: ART) From $16.00 to $...

J.P. Morgan is out with its report today on Artio Global Investors (NYSE: ART), lowering its PT to $15. In a note to clients, J.P. Morgan writes, "Artio trades at 9X our new 2011 estimate of $1.55. It is much lower than its peer group average of 14.5X. Although this valuation may seem low for an...

Artio Global Investors Inc. (NYSE: ART) reported April AuM of $51.8bn, “up 1% m/m, on positive performance, as outflows continue with an estimates -$1.5-1.6 bn for April, tracking to be -$4.5 bn for 2Q, ahead of our -$3 bn estimate,” Goldman Sachs reports. “We revise our 2011/12/13 estimates by 1%/...

Goldman Sachs, citing accelerated March outflows and near-term weakness, has lowered its price target on Artio Global Investors Inc. (NYSE: ART) from $16.50 to $16. In the report, Goldman Sachs writes, “Artio continues to struggle with big outflows and while International Equity performance has...

Goldman Sachs, citing accelerated March outflows and near-term weakness, has lowered its price target on Artio Global Investors Inc. (NYSE: ART) from $16.50 to $16. In the report, Goldman Sachs writes, “Artio continues to struggle with big outflows and while International Equity performance has...

Deutsche Bank is out with its report on Artio Global Investors (NYSE: ART), maintaining Hold. In a note to clients, Deutsche Bank writes, "Given the level of outflows implied when measuring 1Q performance across strategies and lower than expected end‐of‐quarter AUM, we are lowering our 1Q EPS...