5 Financial Services Dividend Stocks with Over 4% Yield

4. Artisan Partners Asset Management Inc. (NYSE: APAM)

Number of Hedge Fund Holders: 21
Dividend Yield: 5.9%

Artisan Partners Asset Management Inc. (NYSE: APAM), a publicly-owned investment management company, ranks 4th on our list of financial services dividend stocks with over 4% yield. The company offers financial services to pension and profit-sharing plans, trusts, endowments, foundations, charitable organizations, government bodies, private funds, and non-US funds, among others.

Keefe Bruyette analyst Robert Lee as of this July holds a Market Perform rating on shares of Artisan Partners Asset Management Inc. (NYSE: APAM). The analyst also holds a $55 price target on the stock.

In the second quarter of 2021, Artisan Partners Asset Management Inc. (NYSE: APAM) had an EPS of $1.28, beating estimates by $0.03. The company’s revenue of $304.90 million was up 50.20% year over year and beat estimates by $2.25 million. Artisan Partners Asset Management Inc. (NYSE: APAM) has gained 1.22% in the past 6 months and 6.36% year to date.

By the end of the first quarter of 2021, 21 hedge funds out of the 866 tracked by Insider Monkey held stakes in Artisan Partners Asset Management Inc. (NYSE: APAM) worth roughly $279 million. This is compared to 21 hedge funds in the previous quarter with a total stake value of approximately $317 million.