Pzena Investment Management Company Profile (NYSE:PZN)

About Pzena Investment Management (NYSE:PZN)

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. The Company also offers access to certain of its global and non-United States strategies through private placement vehicles and collective investment trusts. Pzena Investment Management, LLC is its operating company. Pzena Investment Management, LLC consists of Class A and Class B membership units.

Industry, Sector and Symbol:

Sector: Finance
Industry: Investment Management
Sub-Industry: Asset Management & Custody Banks
Symbol: NYSE:PZN
CUSIP: 74731Q10
Web: www.pzena.com

Capitalization:

Market Cap: $819.02 million
Outstanding Shares: 17,285,000

Average Prices:

50 Day Moving Avg: $10.45
200 Day Moving Avg: $10.03
52 Week Range: $7.11 - $12.25

P/E:

Trailing P/E Ratio: 18.26
Foreward P/E Ratio: 16.86
P/E Growth: 1.11

Sales & Book Value:

Annual Revenue: $122.22 million
Price / Sales: 1.69
Book Value: $1.75 per share
Price / Book: 6.84

Dividend:

Annual Dividend: $0.12
Dividend Yield: 1.0%

Profitability:

EBITDA: $56.4 million
Net Margins: 14.41%
Return on Equity: 13.36%
Return on Assets: 6.35%

Debt:

Current Ratio: 3.18%
Quick Ratio: 3.18%

Misc:

Average Volume: 57,914 shs.
Beta: 1.65
Short Ratio: 6.3

Frequently Asked Questions for Pzena Investment Management (NYSE:PZN)

What is Pzena Investment Management's stock symbol?

Pzena Investment Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "PZN."

How often does Pzena Investment Management pay dividends? What is the dividend yield for Pzena Investment Management?

Pzena Investment Management declared a quarterly dividend on Wednesday, October 18th. Shareholders of record on Friday, October 27th will be paid a dividend of $0.03 per share on Wednesday, November 22nd. This represents a $0.12 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Thursday, October 26th. View Pzena Investment Management's Dividend History.

How were Pzena Investment Management's earnings last quarter?

Pzena Investment Management Inc (NYSE:PZN) posted its earnings results on Tuesday, October, 17th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.15 by $0.02. The firm earned $36.23 million during the quarter, compared to the consensus estimate of $35 million. Pzena Investment Management had a net margin of 14.41% and a return on equity of 13.36%. The firm's revenue for the quarter was up 34.2% on a year-over-year basis. View Pzena Investment Management's Earnings History.

When will Pzena Investment Management make its next earnings announcement?

Pzena Investment Management is scheduled to release their next quarterly earnings announcement on Tuesday, February, 6th 2018. View Earnings Estimates for Pzena Investment Management.

Who are some of Pzena Investment Management's key competitors?

Some companies that are related to Pzena Investment Management include WisdomTree Investments (WETF), Ares Management L.P. (ARES), Rathbone Brothers plc (RAT), Hamilton Lane (HLNE), Brewin Dolphin Holdings plc (BRW), Virtus Investment Partners (VRTS), Polar Capital Holdings plc (POLR), Mortgage Advice Bureau (Holdings) PLC (MAB1), Liontrust Asset Management PLC (LIO), Premier Asset Management Group PLC (PAM), Charles Stanley Group plc (CAY), Fifth Street Asset Management (FSAM), Impax Asset Management Group Plc (IPX), City of London Investment Group PLC (CLIG), Miton Group PLC (MGR), Manning & Napier (MN), Medley Management (MDLY) and Medley Management (MDLY).

Who are Pzena Investment Management's key executives?

Pzena Investment Management's management team includes the folowing people:

Richard Stanton Pzena, Chairman of the Board, Chief Executive Officer, Co-Chief Investment Officer
John P. Goetz, President, Co-Chief Investment Officer, Director
William Louis Lipsey, President, Head - Head of Business Development and Client Service, Director
Jessica R. Doran, Chief Financial Officer, Treasurer
Gary J. Bachman, Chief Operating Officer
Michael D. Peterson, Executive Vice President
Steven M. Galbraith, Independent Director
Joel M. Greenblatt, Independent Director
Charles D. Johnston, Independent Director
Richard P. Meyerowich, Independent Director

Who owns Pzena Investment Management stock?

Pzena Investment Management's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cacti Asset Management LLC (4.12%). View Institutional Ownership Trends for Pzena Investment Management.

Who sold Pzena Investment Management stock? Who is selling Pzena Investment Management stock?

Pzena Investment Management's stock was sold by a variety of institutional investors in the last quarter, including Cacti Asset Management LLC. View Insider Buying and Selling for Pzena Investment Management.

How do I buy Pzena Investment Management stock?

Shares of Pzena Investment Management can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pzena Investment Management's stock price today?

One share of Pzena Investment Management stock can currently be purchased for approximately $11.97.

MarketBeat Community Rating for Pzena Investment Management (NYSE PZN)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		76 (Vote Outperform)
Underperform Votes:		115 (Vote Underperform)
Total Votes:		191

MarketBeat's community ratings are surveys of what our community members think about Pzena Investment Management and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Pzena Investment Management (NYSE:PZN) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Hold Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	N/A

Consensus Price Target History for Pzena Investment Management (NYSE:PZN)

Analysts' Ratings History for Pzena Investment Management (NYSE:PZN)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price	Details
1/12/2017	J P Morgan Chase & Co	Reiterated Rating	Neutral		N/A

(Data available from 10/21/2015 forward)

Earnings History for Pzena Investment Management (NYSE:PZN)

Earnings by Quarter for Pzena Investment Management (NYSE:PZN)

Earnings History by Quarter for Pzena Investment Management (NYSE PZN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
2/6/2018
10/17/2017	Q3 2017	$0.15	$0.17	$35.00 million	$36.23 million	View	N/A
7/18/2017	Q2 2017	$0.12	$0.15	$32.00 million	$34.11 million	View	N/A
4/18/2017	Q1 2017	$0.13	$0.12	$30.00 million	$32.00 million	View	N/A
2/7/2017	Q4 2016	$0.14	$0.15	$29.00 million	$29.10 million	View	Listen
10/18/2016	Q3	$0.10	$0.12	$27.00 million	$27.00 million	View	N/A
7/19/2016	Q2	$0.09	$0.10	$26.00 million	$26.44 million	View	Listen
4/19/2016	Q1	$0.09	$0.09		$25.84 million	View	Listen
10/20/2015	Q3	$0.11	$0.12	$28.70 million	$30.80 million	View	Listen
7/21/2015	Q2	$0.12	$0.14	$29.07 million	$29.51 million	View	Listen
4/21/2015	Q1	$0.12	$0.12	$28.21 million	$28.65 million	View	Listen
2/10/2015	Q4	$0.14	$0.13	$29.58 million	$28.56 million	View	Listen
10/21/2014	Q3	$0.14	$0.13	$29.80 million	$29.61 million	View	Listen
7/22/2014		$0.13	$0.13	$28.07 million	$27.95 million	View	Listen
4/22/2014	Q1	$0.12	$0.11	$26.91 million	$26.40 million	View	Listen
2/12/2014	Q4	$0.12	$0.15			View	Listen

(Data available from 1/1/2011 forward)

Earnings Estimates for Pzena Investment Management (NYSE:PZN)

Current Year EPS Consensus Estimate: $0.57 EPS
Next Year EPS Consensus Estimate: $0.71 EPS

Current Dividend Information for Pzena Investment Management (NYSE:PZN)

Next Dividend:	11/22/2017
Annual Dividend:	$0.12
Dividend Yield:	1.00%
Dividend Growth:	17.90% (3 Year Average)
Payout Ratio:	16.90% (Trailing 12 Months of Earnings) 21.05% (Based on This Year's Estimates) 16.90% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Pzena Investment Management (NYSE:PZN)

Dividend History by Quarter for Pzena Investment Management (NYSE PZN)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
10/18/2017	quarterly	$0.03	1%	10/26/2017	10/27/2017	11/22/2017
7/18/2017	Quarterly	$0.03	1.16%	7/26/2017	7/28/2017	8/24/2017
4/19/2017	quarterly	$0.03	1.17%	4/26/2017	4/28/2017	5/18/2017
2/8/2017	special	$0.28	1.2%	2/15/2017	2/17/2017	3/3/2017
10/18/2016	Quarterly	$0.03		10/26/2016	10/28/2016	11/23/2016
7/19/2016	Quarterly	$0.03		7/27/2016	7/29/2016	8/25/2016
4/19/2016	Quarterly	$0.03		4/27/2016	4/29/2016	5/19/2016
2/9/2016	Quarterly	$0.32		2/17/2016	2/19/2016	3/3/2016
10/22/2015	Quarterly	$0.03		11/9/2015	11/12/2015	11/25/2015
7/21/2015		$0.03		8/11/2015	8/13/2015	8/27/2015
4/27/2015	quarterly	$0.03	1.31%	5/12/2015	5/14/2015	5/28/2015
2/10/2015	quarterly	$0.32	1.38%	2/18/2015	2/20/2015	3/5/2015
10/23/2014	quarterly	$0.03	1.29%	11/10/2014	11/13/2014	11/27/2014
7/22/2014	quarterly	$0.03	1.09%	8/12/2014	8/14/2014	8/28/2014
4/22/2014	quarterly	$0.03	1.16%	5/13/2014	5/15/2014	5/29/2014
2/18/2014	special	$0.26		2/19/2014	2/21/2014	3/6/2014
2/11/2014		$0.26		2/19/2014	2/21/2014	3/6/2014
10/23/2013	quarterly	$0.03	1.67%	11/12/2013	11/14/2013	11/29/2013
7/25/2013	quarterly	$0.03	1.68%	8/13/2013	8/15/2013	8/29/2013
4/25/2013	quarterly	$0.03	1.91%	5/14/2013	5/16/2013	5/30/2013
2/19/2013	quarterly	$0.16	9.77%	2/20/2013	2/22/2013	3/7/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Pzena Investment Management (NYSE:PZN)

Insider Ownership Percentage: 57.43%
Institutional Ownership Percentage: 17.37%

Institutional Ownership by Quarter for Pzena Investment Management (NYSE:PZN)

Insider Trades by Quarter for Pzena Investment Management (NYSE:PZN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Details
12/22/2014	Charles D Johnston	Director	Buy	10,000	$9.20	$92,000.00
6/27/2014	Charles D Johnston	Director	Buy	10,000	$10.99	$109,900.00

(Data available from 1/1/2013 forward)

Headline Trends for Pzena Investment Management (NYSE:PZN) Latest Headlines for Pzena Investment Management (NYSE:PZN)

Source:

Date	Headline
	Pzena Investment Management's (PZN) CEO Rich Pzena on Q3 2017 Results - Earnings Call Transcript seekingalpha.com - October 19 at 7:52 AM
	Investor Network: Pzena Investment Management, Inc. Class A to Host Earnings Call finance.yahoo.com - October 19 at 7:52 AM
	Edited Transcript of PZN earnings conference call or presentation 18-Oct-17 2:00pm GMT finance.yahoo.com - October 19 at 7:52 AM
	Pzena Investment Management Inc Announces Quarterly Dividend of $0.03 (PZN) www.americanbankingnews.com - October 18 at 5:57 PM
	BRIEF-Pzena Investment Management reports Q3 earnings $0.17/shr www.reuters.com - October 18 at 2:27 AM
	Pzena Investment Management, Inc. (PZN) Releases Quarterly Earnings Results www.americanbankingnews.com - October 17 at 6:52 PM
	Is It Too Late To Buy Pzena Investment Management Inc (PZN)? finance.yahoo.com - October 17 at 4:22 PM
	Pzena Investment Management, Inc. Reports Results for the Third Quarter of 2017 finance.yahoo.com - October 17 at 4:22 PM
	Pzena Investment Management (PZN) versus WisdomTree Investments (WETF) Critical Review www.americanbankingnews.com - October 14 at 8:22 PM
	Is Pzena Investment Management Inc (PZN) A Buy At Its Current Price? finance.yahoo.com - October 14 at 7:07 AM
	Pzena Investment Management Inc (PZN) Downgraded by Zacks Investment Research www.americanbankingnews.com - October 11 at 10:30 AM
	Pzena Investment Management, Inc. Announces September 30, 2017 Assets Under Management finance.yahoo.com - October 10 at 5:29 AM
	Pzena Investment Management Inc (PZN) Set to Announce Quarterly Earnings on Tuesday www.americanbankingnews.com - October 10 at 1:08 AM
	Comparing Pzena Investment Management (PZN) & Its Rivals www.americanbankingnews.com - October 7 at 10:24 PM
	Pzena Investment Management, Inc. Announces Third-Quarter 2017 Earnings Conference Call finance.yahoo.com - October 6 at 5:19 AM
	Pzena Investment Management (PZN) versus Ares Management L.P. (ARES) Critical Contrast www.americanbankingnews.com - October 4 at 10:38 AM
	Financial Engines (FNGN) & Pzena Investment Management (PZN) Critical Review www.americanbankingnews.com - October 4 at 10:38 AM
	Should You Buy Pzena Investment Management Inc (PZN)? finance.yahoo.com - October 3 at 11:18 AM
	Pzena Investment Management (PZN) & The Competition Head to Head Contrast www.americanbankingnews.com - September 29 at 4:32 PM
	Financial Contrast: Pzena Investment Management (PZN) vs. Its Competitors www.americanbankingnews.com - September 25 at 8:54 AM
	Financial Analysis: Pzena Investment Management (PZN) vs. Cohen & Steers (CNS) www.americanbankingnews.com - September 8 at 9:04 AM
	Pzena Investment Management, Inc. Announces August 31, 2017 Assets Under Management finance.yahoo.com - September 8 at 7:24 AM
	Contrasting Pzena Investment Management (PZN) and AllianceBernstein Holding L.P. (AB) www.americanbankingnews.com - September 3 at 12:04 PM
	Reviewing Federated Investors (FII) & Pzena Investment Management (PZN) www.americanbankingnews.com - August 31 at 6:14 AM
	Pzena Investment Management, Inc. : PZN-US: Dividend Analysis : July 28th, 2017 (record date) : By the numbers : August 28, 2017 finance.yahoo.com - August 29 at 7:01 AM
	Pzena Investment Management, Inc. :PZN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 21, 2017 finance.yahoo.com - August 22 at 6:05 AM
	Comparing The Carlyle Group L.P. (CG) & Pzena Investment Management (PZN) www.americanbankingnews.com - August 21 at 2:10 AM
	Head-To-Head Comparison: The Blackstone Group L.P. (BX) versus Pzena Investment Management (PZN) www.americanbankingnews.com - August 21 at 12:10 AM
	Edited Transcript of PZN earnings conference call or presentation 19-Jul-17 2:00pm GMT finance.yahoo.com - August 13 at 5:02 AM
	Contrasting Pzena Investment Management (PZN) and Medley Management (MDLY) www.americanbankingnews.com - August 11 at 12:14 AM
	Pzena Investment Management, Inc. Announces July 31, 2017 Assets Under Management finance.yahoo.com - August 8 at 6:27 AM
	Head-To-Head Analysis: The Carlyle Group L.P. (CG) & Pzena Investment Management (NYSE:PZN) www.americanbankingnews.com - August 1 at 10:24 AM
	Comparing Virtus Investment Partners (VRTS) & Pzena Investment Management (NYSE:PZN) www.americanbankingnews.com - July 31 at 12:25 PM
	Reviewing Pzena Investment Management (PZN) & Medley Management (MDLY) www.americanbankingnews.com - July 22 at 8:28 AM
	Pzena Investment Management Inc Declares Quarterly Dividend of $0.03 (NYSE:PZN) www.americanbankingnews.com - July 21 at 10:30 AM
	Pzena Investment Management, Inc. Reports Results for the Second Quarter of 2017 finance.yahoo.com - July 19 at 5:55 AM
	Pzena posts 2Q profit finance.yahoo.com - July 19 at 5:55 AM
	Pzena Investment Management Inc (PZN) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS www.americanbankingnews.com - July 18 at 9:20 PM
	Pzena Investment Management Inc (PZN) to Release Quarterly Earnings on Tuesday www.americanbankingnews.com - July 14 at 7:46 AM
	Pzena Investment Management, Inc. Announces June 30, 2017 Assets Under Management finance.yahoo.com - July 8 at 1:52 PM
	Pzena Investment Management, Inc. Announces Second-Quarter 2017 Earnings Conference Call feeds.benzinga.com - July 5 at 4:35 PM
	Pzena posts 1Q profit marketbeat.com - April 18 at 4:57 PM
	Mid-Afternoon Market Update: Dow Rises Over 50 Points; Exfo Shares Tumble feeds.benzinga.com - March 30 at 3:53 PM
	Filing Season Finds: Wednesday, March 15 seekingalpha.com - March 20 at 9:24 AM
	Unusual Tax Gains Drive Reported Profit At Pzena Investment Management www.forbes.com - March 17 at 12:50 PM
	PZENA INVESTMENT MANAGEMENT, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statem biz.yahoo.com - March 13 at 7:08 PM
	PZENA INVESTMENT MANAGEMENT, INC. Files SEC form 10-K, Annual Report biz.yahoo.com - March 13 at 9:37 AM
	Pzena Investment Management, Inc. Announces February 28, 2017 Assets Under Management us.rd.yahoo.com - March 9 at 2:14 AM
	BRIEF-Pzena Investment Management announces Feb. 28 assets under management www.reuters.com - March 8 at 12:16 AM
	PZENA INVESTMENT MANAGEMENT, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits biz.yahoo.com - March 7 at 7:15 PM