Strs Ohio increased its stake in shares of Pzena Investment Management Inc (NYSE:PZN) by 13.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The Company is the sole managing member of Pzena Investment Management, LLC. (NYSE:PZN). Ativo Management Limited Liability Company has 0.32% invested in Pzena Investment Management, Inc. The company had a trading volume of 145,077 shares. The firm has a market capitalization of $161.41 million, a P/E ratio of 15.45 and a beta of 1.70. Pzena Investment Management's payout ratio is presently 20.00%. The stock has a 50 day moving average price of $9.34 and a 200 day moving average price of $10.02.
Pzena Investment Management (NYSE:PZN) last released its quarterly earnings results on Tuesday, April 18th. The asset manager reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.01. The company had revenue of $32 million for the quarter, compared to analyst estimates of $30 million. Pzena Investment Management had a return on equity of 12.70% and a net margin of 14.75%. The business's revenue for the quarter was up 24.0% compared to the same quarter a year ago. On average, analysts anticipate that Pzena Investment Management will post $0.52 earnings per share for the current fiscal year. Menta Capital Limited Liability holds 0.02% of its portfolio in Pzena Investment Management, Inc. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of USA & global trademark and copyright laws.
France/Législatives : ouverture des bureaux de vote pour le second tour
Les Français votent ce dimanche pour le second tour des élections législatives. Le scrutin devrait être marqué par une nouvelle poussée de l'abstention.
Several institutional investors have recently modified their holdings of PZN. Blackrock Group Ltd has invested 0% of its portfolio in Pzena Investment Management, Inc. Punch And Associates Invest Management Incorporated stated it has 1.48 million shares. Schwab Charles Investment Mgmt reported 0% in Pzena Investment Management, Inc. Vanguard Group Inc. now owns 768,039 shares of the asset manager's stock worth $7,557,000 after buying an additional 3,265 shares during the last quarter. Pzena Investment Management, Inc. Renaissance Technologies LLC now owns 604,400 shares of the asset manager's stock worth $5,947,000 after buying an additional 49,800 shares during the period. FMR LLC raised its position in shares of Pzena Investment Management by 42.9% in the first quarter. AlphaOne also gave media headlines about the asset manager an impact score of 48 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. Finally, Dimensional Fund Advisors LP raised its stake in shares of Pzena Investment Management by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 305,503 shares of the asset manager's stock worth $3,394,000 after buying an additional 4,771 shares during the period. Moreover, Bridgeway Cap Mngmt has 0.01% invested in Pzena Investment Management, Inc.
Separately, Zacks Investment Research upgraded Pzena Investment Management from a "hold" rating to a "buy" rating and set a $12.00 price target on the stock in a report on Friday, April 14th.
- Cristiano Ronaldo thinking only of Confederations Cup: Andre Silva
- Rugby / Bleus : huit changements contre l'Afrique du Sud, première pour Penaud
- Qatar Petroleum CEO says gas won't be cut to UAE
- Pakistan spoil England's party to reach Champions Trophy final
- How Analysts Rated Auto Trader Group PLC (LON:AUTO) Last Week?
- CT 17:Sarfraz leads by example, takes Pakistan to the semis
- Warriors celebrate NBA title with street parade
- Trump's Russian Federation imbroglio - a red herring?
- Tournée: le XV de France dans la cage aux requins
- How Many Just Eat PLC (LON:JE)'s Analysts Are Bearish?