Zebra Capital Management LLC Acquires New Position in Pzena Investment Management, Inc. (NYSE:PZN)

Zebra Capital Management LLC acquired a new stake in Pzena Investment Management, Inc. (NYSE:PZN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 13,128 shares of the asset manager’s stock, valued at approximately $113,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Citigroup Inc. raised its holdings in Pzena Investment Management by 50.7% in the 4th quarter. Citigroup Inc. now owns 3,642 shares of the asset manager’s stock valued at $31,000 after acquiring an additional 1,226 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Pzena Investment Management by 1.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 111,884 shares of the asset manager’s stock worth $965,000 after buying an additional 1,257 shares during the last quarter. Swiss National Bank increased its holdings in shares of Pzena Investment Management by 6.2% during the 4th quarter. Swiss National Bank now owns 34,200 shares of the asset manager’s stock worth $295,000 after buying an additional 2,000 shares during the last quarter. California Public Employees Retirement System raised its position in shares of Pzena Investment Management by 18.6% during the 4th quarter. California Public Employees Retirement System now owns 28,710 shares of the asset manager’s stock valued at $247,000 after buying an additional 4,500 shares during the period. Finally, State Street Corp raised its position in shares of Pzena Investment Management by 2.0% during the 3rd quarter. State Street Corp now owns 317,995 shares of the asset manager’s stock valued at $2,837,000 after buying an additional 6,362 shares during the period. 16.94% of the stock is owned by institutional investors.

Pzena Investment Management stock traded up $0.34 during mid-day trading on Thursday, reaching $4.70. 195,500 shares of the company’s stock were exchanged, compared to its average volume of 89,725. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.13. Pzena Investment Management, Inc. has a twelve month low of $3.75 and a twelve month high of $10.42. The company has a market cap of $318.80 million, a P/E ratio of 10.22 and a beta of 1.25. The company has a fifty day moving average of $6.53 and a 200-day moving average of $8.11.

Pzena Investment Management (NYSE:PZN) last announced its quarterly earnings data on Tuesday, February 4th. The asset manager reported $0.20 EPS for the quarter. Pzena Investment Management had a return on equity of 14.63% and a net margin of 5.61%. The business had revenue of $38.43 million during the quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend was Thursday, February 13th.

Separately, TheStreet lowered Pzena Investment Management from a “b-” rating to a “c” rating in a research report on Wednesday, February 5th.

Pzena Investment Management Company Profile

Pzena Investment Management, Inc is a publicly owned investment manager. The firm manages equity mutual funds for its clients. It invests in the public equity markets. Pzena Investment Management, Inc was founded in 2007 and is based in New York City with additional offices in Melbourne, Australia and London, United Kingdom.

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

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