Economy

LSV Asset Management Acquires 2909090 Shares of Lazard Ltd. (NYSE:LAZ)

About shares traded. Crane Co. TETRA Technologies, Inc. (NYSE:TTI) has declined 31.41% since September 21, 2016 and is downtrending. It has outperformed by 25.96% the S&P500. Systematic Financial Management LP owned approximately 0.76% of Lazard worth $45,932,000 as of its most recent filing with the Securities and Exchange Commission. Lazard comprises about 1.4% of BT Investment Management Ltd's investment portfolio, making the stock its 20th largest holding. The Rudman Errol M holds 82,911 shares with $3.84 million value, up from 72,911 last quarter. Lazard Ltd Shs A now has $5.63 billion valuation. The stock decreased 0.72% or $0.31 during the last trading session, reaching $43. It is down 35.63% since September 21, 2016 and is uptrending. It has outperformed by 18.93% the S&P500. Finally, Zacks Investment Research cut shares of Lazard from a "buy" rating to a "hold" rating in a research report on Tuesday, June 6th. Therefore 73% are positive. Polaris Industries had 71 analyst reports since July 23, 2015 according to SRatingsIntel. Susquehanna upgraded the shares of LAZ in report on Monday, October 5 to "Positive" rating.

Analysts await Lazard Ltd (NYSE:LAZ) to report earnings on October, 26. The firm earned "Outperform" rating on Friday, January 15 by RBC Capital Markets. As per Thursday, July 27, the company rating was maintained by Keefe Bruyette & Woods. The firm has "Buy" rating by Citigroup given on Monday, April 4. Finally, ValuEngine upgraded Lazard from a "buy" rating to a "strong-buy" rating in a research note on Friday, July 28th. The firm has "Outperform" rating given on Wednesday, October 7 by Wood. Price T Rowe Associate Incorporated Md has invested 0.03% of its portfolio in Lazard Ltd (NYSE:LAZ). The stock has a consensus rating of "Buy" and an average price target of $46.89. On Tuesday, January 12 the stock rating was downgraded by Goldman Sachs to "Neutral".

Investors sentiment increased to 1.28 in 2017 Q2. Its up 0.16, from 0.86 in 2017Q1.

Several other hedge funds also recently added to or reduced their stakes in the company. (NYSE:PII). World Asset Mngmt accumulated 4,602 shares or 0.01% of the stock. Parametric Associates Ltd Liability Co reported 32,610 shares. Fifth Third National Bank reported 58,291 shares. The firm owned 1,477,690 shares of the asset manager's stock after buying an additional 53,816 shares during the period. Vanguard Group Inc. now owns 10,216,558 shares of the asset manager's stock worth $469,860,000 after buying an additional 397,075 shares in the last quarter. Leuthold Gp Limited Liability has 17,377 shares for 0.09% of their portfolio. Schwab Charles Inv Management Incorporated holds 0.03% of its portfolio in Lazard Ltd (NYSE:LAZ) for 704,174 shares. Eagle Asset Mngmt Inc holds 59,981 shares or 0.02% of its portfolio. (NYSE:TTI). Hartford Management Comm accumulated 42,400 shares. Barclays Public Limited Com invested 0.09% of its portfolio in Lazard Ltd (NYSE:LAZ). 152 are owned by Whittier Trust Com Of Nevada Inc. The correct version of this piece can be viewed at https://weekherald.com/2017/09/22/bt-investment-management-ltd-invests-94-83-million-in-lazard-ltd-laz.html.

Lazard Ltd (Lazard) is a financial advisory and asset management company.

Since May 11, 2017, it had 0 buys, and 3 insider sales for $8.52 million activity. Shares for $2.91M were sold by Stern Alexander F. Hoffman Scott D had sold 35,000 shares worth $1.58M on Tuesday, May 16. $4.03 million worth of Lazard Ltd (NYSE:LAZ) shares were sold by Bucaille Matthieu. About 2.27M shares traded or 41.88% up from the average.

Investors sentiment increased to 1.54 in 2017 Q2. Its up 0.18, from 1.1 in 2017Q1. It improved, as 33 investors sold LAZ shares while 88 reduced holdings. 21 funds opened positions while 56 raised stakes. First Fincl Corp In stated it has 0.2% of its portfolio in Crane Co. Proshare Advsr Ltd Llc invested 0% in TETRA Technologies, Inc. Webster Bancorporation N A holds 28,957 shares. Gardner Lewis Asset L P invested in 0.08% or 455,910 shares. Koshinski Asset, Illinois-based fund reported 6,555 shares. Cornerstone Cap Management Limited holds 0.18% or 489,720 shares. (NYSE:CR). Sigma Planning stated it has 4,075 shares. (NYSE:PII). Profund Advisors Lc owns 6,609 shares. Chicago Equity Prtnrs Ltd Liability Corporation holds 49,495 shares.

Since March 29, 2017, it had 1 insider buy, and 0 selling transactions for $47,244 activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


23 September 2017
Most Active Volume Stock: Walgreens Boots Alliance, Inc. (WBA)
Finally, CWA Asset Management Group LLC lifted its holdings in shares of Walgreens Boots Alliance by 17.6% in the first quarter. The Company operates through three segments: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.

23 September 2017
'White allies' protest of police shooting leads to stadium
In a separate protest, a couple of hundred demonstrators blocked traffic for about 30 minutes Thursday afternoon near Forest Park. More protests surrounded Busch Stadium before the Billy Joel concert, but left once the concert began, according to news reports.

23 September 2017
Dominica PM declares state of emergency in aftermath of Hurricane Maria
The storm was carrying sustained winds of up to 115mph as it headed northwest after battering the Dominican Republic yesterday. Hurricane Maria left medical facilities on Dominica "worse than in a war zone", according to the country's leader.

23 September 2017
Pioneer Natural Resources Company (PXD) VP Teresa A. Fairbrook Sells 880 Shares
Following the completion of the acquisition, the director now owns 10,865 shares of the company's stock, valued at $1,449,391. The total amount of shares outstanding is 170.10 million, giving the company a market capitalization of about 24.16 billion.

23 September 2017
11th victim dies after Hollywood nursing home power outage
But a statement from Kirsten Ullman , co-counsel for the nursing home, implied that Murray was a terminally ill hospice patient. Broward County Mayor Barbara Sharief says three residents died at the scene, and three others died at a nearby hospital.

23 September 2017
Thomas Jane tries to get away with murder in creepy 1922 trailer
Director Zak Hilditch, known for his sci-fi thriller These Final Hours , helms 1922 and penned the screenplay based on King's story.

23 September 2017
Federal Reserve weans U.S. off stimulus
What matters now is that the Federal Reserve is officially setting a plan to shrink its massive $4.5 trillion balance sheet. That figure would inch up by $10 billion each quarter until it reaches $50 billion in monthly reductions in October 2018.

23 September 2017
Russian hackers tried to access Washington state's voting systems, officials say
Wyman said her office is "doing everything we can.to keep Washington's elections safe, reliable and accessible to our citizens". Federal officials, who called Wyman Friday with the news, didn't say what the hackers were trying to target, Ebel said.

23 September 2017
What's Transpiring With Shares of SPDR S&P Insurance ETF (KIE)?
Individual investors may have done the research, had some good fortune, and are now dealing with a big victor in the portfolio. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time.

23 September 2017
Hamilton under late September heat warning
Temperatures are expected to increase with consistently sunny skies September 24 and September 24, Environment Canada said. The last day when the temperature topped 30 C was more than a month ago on August 21.