Pzena Investment Management (NYSE:PZN) Receiving Somewhat Favorable Press Coverage, Study Finds
Media headlines about Pzena Investment Management (NYSE:PZN) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pzena Investment Management earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 46.1425094737181 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Edited Transcript of PZN earnings conference call or presentation 19-Jul-17 2:00pm GMT (finance.yahoo.com)
- Contrasting Pzena Investment Management (PZN) and Medley Management (MDLY) (americanbankingnews.com)
- PZENA INVESTMENT MANAGEMENT : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) (4-traders.com)
- Pzena Investment Management, Inc. Announces July 31, 2017 Assets Under Management (finance.yahoo.com)
Pzena Investment Management (NYSE:PZN) opened at 10.12 on Monday. The firm has a market capitalization of $174.92 million, a PE ratio of 15.45 and a beta of 1.68. The firm has a 50-day moving average of $10.46 and a 200 day moving average of $9.85. Pzena Investment Management has a 52 week low of $7.11 and a 52 week high of $11.85.
Pzena Investment Management (NYSE:PZN) last posted its earnings results on Tuesday, July 18th. The asset manager reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.03. The company had revenue of $34.11 million for the quarter, compared to analysts’ expectations of $32 million. Pzena Investment Management had a return on equity of 12.93% and a net margin of 14.82%. Pzena Investment Management’s revenue was up 29.0% compared to the same quarter last year. Analysts predict that Pzena Investment Management will post $0.58 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 24th. Shareholders of record on Friday, July 28th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Wednesday, July 26th. Pzena Investment Management’s payout ratio is 18.18%.
Several brokerages have recently weighed in on PZN. Zacks Investment Research upgraded shares of Pzena Investment Management from a “sell” rating to a “hold” rating in a research report on Saturday, May 27th. ValuEngine upgraded shares of Pzena Investment Management from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Finally, BidaskClub downgraded shares of Pzena Investment Management from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd.
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Pzena Investment Management Company Profile
Pzena Investment Management, Inc is a holding company. The Company is the sole managing member of Pzena Investment Management, LLC. Pzena Investment Management, LLC is an investment management company. The Company also serves as the general partner of Pzena Investment Management, LP. The Company offers institutional investment products to public and corporate pension funds, endowments, foundations and certain commingled vehicles geared toward institutional investors.
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