Pzena Investment Management, (PZN) Reaches $9.90 After 6.00% Down Move; Last Week Admiral Group plc (LON:ADM) Coverage

April 17, 2018 - By Louis Casey

Admiral Group plc (LON:ADM) Logo

The stock of Pzena Investment Management, Inc (NYSE:PZN) is a huge mover today! The stock decreased 3.46% or $0.36 during the last trading session, reaching $9.9. About 116,601 shares traded or 152.45% up from the average. Pzena Investment Management, Inc (NYSE:PZN) has risen 20.92% since April 17, 2017 and is uptrending. It has outperformed by 9.37% the S&P500.The move comes after 8 months negative chart setup for the $682.48 million company. It was reported on Apr, 17 by Barchart.com. We have $9.31 PT which if reached, will make NYSE:PZN worth $40.95 million less.

Among 23 analysts covering Admiral Group PLC (LON:ADM), 6 have Buy rating, 10 Sell and 7 Hold. Therefore 26% are positive. Admiral Group PLC had 169 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of Admiral Group plc (LON:ADM) earned “Underweight” rating by Barclays Capital on Thursday, September 22. Berenberg maintained the stock with “Sell” rating in Tuesday, February 13 report. The firm earned “Equal Weight” rating on Friday, October 23 by Barclays Capital. The stock has “Hold” rating by Peel Hunt on Tuesday, May 3. On Thursday, January 4 the stock rating was maintained by Deutsche Bank with “Hold”. Goldman Sachs maintained Admiral Group plc (LON:ADM) on Monday, May 8 with “Neutral” rating. RBC Capital Markets maintained it with “Underperform” rating and GBX 1475 target in Friday, March 11 report. The stock of Admiral Group plc (LON:ADM) has “Sell” rating given on Friday, September 8 by Deutsche Bank. Credit Suisse maintained the stock with “Underperform” rating in Thursday, March 9 report. Macquarie Research maintained it with “Underperform” rating and GBX 1542 target in Monday, August 22 report. See Admiral Group plc (LON:ADM) latest ratings:

16/04/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 2078.00 New Target: GBX 2078.00 Maintain
22/03/2018 Broker: JP Morgan Rating: Underweight Old Target: GBX 1900.00 New Target: GBX 1900.00 Maintain
21/03/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 1980.00 New Target: GBX 2075.00 Maintain
12/03/2018 Broker: Investec Rating: Reduce Old Target: GBX 1750.00 New Target: GBX 1780.00 Upgrade
08/03/2018 Broker: JP Morgan Rating: Underweight Old Target: GBX 1900.00 New Target: GBX 1900.00 Maintain
05/03/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 2078.00 New Target: GBX 2078.00 Maintain
01/03/2018 Broker: Deutsche Bank Rating: Hold Maintain
28/02/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 2078.00 New Target: GBX 2078.00 Maintain
13/02/2018 Broker: Berenberg Rating: Sell Old Target: GBX 1723.00 New Target: GBX 1723.00 Maintain
13/02/2018 Broker: Deutsche Bank Rating: Hold Maintain

Analysts await Pzena Investment Management, Inc (NYSE:PZN) to report earnings on April, 19 after the close. They expect $0.19 EPS, up 58.33% or $0.07 from last year’s $0.12 per share. PZN’s profit will be $13.10 million for 13.03 P/E if the $0.19 EPS becomes a reality. After $0.19 actual EPS reported by Pzena Investment Management, Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Pzena Investment Management, Inc. is a publicly owned investment manager. The company has market cap of $682.48 million. The firm manages equity mutual funds for its clients. It has a 24.89 P/E ratio. It invests in the public equity markets.

Investors sentiment decreased to 1.83 in Q4 2017. Its down 1.30, from 3.13 in 2017Q3. It worsened, as 5 investors sold Pzena Investment Management, Inc shares while 18 reduced holdings. 9 funds opened positions while 33 raised stakes. 11.73 million shares or 50.25% less from 23.58 million shares in 2017Q3 were reported. Advisory Inc has invested 0.03% of its portfolio in Pzena Investment Management, Inc (NYSE:PZN). Ameriprise Fincl Incorporated reported 0% of its portfolio in Pzena Investment Management, Inc (NYSE:PZN). 333,617 were reported by Brandywine Global Mngmt Ltd Llc. Acadian Asset Mngmt Ltd Liability, a Massachusetts-based fund reported 15,468 shares. 1.38M are held by Epoch Inv Prtnrs. Los Angeles Capital Mgmt And Equity Research holds 131,674 shares. Goldman Sachs Gp, a New York-based fund reported 20,743 shares. Strs Ohio invested in 61,000 shares or 0% of the stock. Massachusetts-based Rhumbline Advisers has invested 0% in Pzena Investment Management, Inc (NYSE:PZN). Deprince Race And Zollo accumulated 842,742 shares. Swiss Bancorp has 22,900 shares for 0% of their portfolio. Vanguard Gru reported 750,673 shares or 0% of all its holdings. Zacks Investment invested 0.03% in Pzena Investment Management, Inc (NYSE:PZN). 24,210 were accumulated by California Public Employees Retirement Systems. Barclays Public Ltd Com holds 0% or 3,052 shares in its portfolio.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.21, from 1.21 in 2017Q3. It is negative, as 53 investors sold Admiral Group plc shares while 201 reduced holdings. 75 funds opened positions while 180 raised stakes. 419.48 million shares or 0.49% more from 417.42 million shares in 2017Q3 were reported. 5,727 are held by Tnb. Bartlett Limited Liability Company reported 1,300 shares or 0% of all its holdings. Pillar Pacific Cap Mngmt Lc has invested 0.1% in Admiral Group plc (LON:ADM). The Pennsylvania-based Sage Fincl Group Inc Incorporated has invested 0.01% in Admiral Group plc (LON:ADM). Sg Americas Secs Ltd Liability Company owns 69,591 shares. 36,878 were reported by Westpac. Financial Architects owns 1,014 shares or 0.01% of their US portfolio. First Midwest Financial Bank Trust Division, a Illinois-based fund reported 53,618 shares. 8,786 were accumulated by Koch Industries Inc. The Alabama-based Rfg Advisory Grp Inc Lc has invested 0.12% in Admiral Group plc (LON:ADM). Plante Moran Fincl Advisors Lc has 4,482 shares. Gulf Interest Bancshares (Uk) Ltd holds 180,929 shares or 0.09% of its portfolio. Cibc Asset Mgmt holds 0.01% or 54,458 shares. The Missouri-based Benjamin F Edwards Comm has invested 0.06% in Admiral Group plc (LON:ADM). First Interstate Natl Bank invested in 0.01% or 625 shares.

Since March 12, 2018, it had 0 insider buys, and 1 insider sale for $17,749 activity. Cuddy Christopher M had sold 399 shares worth $17,749.

The stock increased 0.82% or GBX 15.5 during the last trading session, reaching GBX 1915.5. About 400,616 shares traded. Admiral Group plc (LON:ADM) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, and the United States. The company has market cap of 5.16 billion GBP. The firm operates through four divisions: UK Car Insurance, International Car Insurance, Price Comparison, and Other. It has a 16.37 P/E ratio. It underwrites car insurance and other insurance products; offers van insurance and associated products primarily to small businesses, as well as general insurance products; and provides household insurance, and commercial vehicle insurance broking services.

Pzena Investment Management, Inc (NYSE:PZN) Institutional Positions Chart

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By1 Louis Casey

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