This repurchase authorization authorizes the asset manager to repurchase shares of its stock through open market purchases. The hedge fund held 51,829 shares of the consumer durables company at the end of 2017Q3, valued at $5.69M, up from 27,055 at the end of the previous reported quarter. The stock increased 0.57% or $0.34 during the last trading session, reaching $60.15. Traders that are constantly buying and selling shares may be more concerned with technical analysis. Lazard Ltd (NYSE:LAZ) has risen 35.63% since January 28, 2017 and is uptrending. It has outperformed by 7.11% the S&P500.
Louis Navellier decreased its stake in Lazard Ltd. (LAZ) by 13.65% based on its latest 2017Q3 regulatory filing with the SEC. Ranger Investment Management Lp sold 6,780 shares as the company's stock rose 1.82% with the market. Accern also gave media coverage about the asset manager an impact score of 45.6003000185292 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. A score of nine indicates a high value stock, while a score of one indicates a low value stock. The stock decreased 0.42% or $0.25 during the last trading session, reaching $59.14. 642,843 shares of the company traded hands, compared to its average volume of 670,520.
Here we will take a look into some valuation metrics for Lazard Ltd NYSE:LAZ shares. It has outperformed by 18.93% the S&P500.
Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.10, from 1.02 in 2017Q2. It increased, as 29 investors sold WSO shares while 68 reduced holdings. Dearborn Partners Ltd owns 3,305 shares. (NYSE:WSO). Us Financial Bank De stated it has 15,865 shares or 0.01% of all its holdings. Moreover, Benjamin F Edwards & Inc has 0.32% invested in ONEOK, Inc. The Price to Book ratio for Lazard Ltd NYSE:LAZ is 5.867961. Maryland-based Sandy Spring National Bank has invested 0.17% in ONEOK, Inc. (NYSE:WSO). Cetera Advisors Limited Liability holds 7,100 shares or 0.07% of its portfolio. Brookstone Cap Management stated it has 2,155 shares. About 2.59 million shares traded. At the time of writing Lazard Ltd (NYSE:LAZ) has a price to book ratio of 5.867961. (NYSE:WSO). Johnson Finance has invested 0% in Watsco, Inc. The company presently has an average rating of "Buy" and an average target price of $54.78. Therefore 70% are positive. ONEOK had 66 analyst reports since August 11, 2015 according to SRatingsIntel. The stock now has an average rating of "Buy" and an average target price of $54.78. The rating was upgraded by Morgan Stanley on Wednesday, January 20 to "Overweight". SunTrust initiated the stock with "Buy" rating in Monday, June 6 report. The stock of ONEOK, Inc. The firm has "Neutral" rating given on Friday, November 3 by Nomura. The stock has "Buy" rating by Robert W. Baird on Tuesday, October 3. Schwab Charles Investment Management Inc. grew its stake in shares of Lazard by 9.8% in the second quarter. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Therefore 85% are positive. Lazard had 36 analyst reports since July 24, 2015 according to SRatingsIntel.
Among 13 analysts covering Lazard (NYSE:LAZ), 11 have Buy rating, 0 Sell and 2 Hold. Sandler O'Neill reissued a "buy" rating and issued a $64.00 price target on shares of Lazard in a report on Thursday, January 11th. Susquehanna maintained it with "Positive" rating and $55 target in Monday, October 12 report. The rating was initiated by Keefe Bruyette & Woods with "Outperform" on Friday, February 17. The stock has "Buy" rating by Credit Suisse on Monday, April 24. The stock of Lazard Ltd (NYSE:LAZ) earned "Outperform" rating by Raymond James on Friday, January 20. The firm has "Buy" rating given on Thursday, December 21 by Keefe Bruyette & Woods. ValuEngine lowered shares of Lazard from a strong-buy rating to a buy rating in a research report on Tuesday, October 3rd. The price to earnings ratio for Lazard Ltd (NYSE:LAZ) is 16.499649.
Investors sentiment increased to 2.82 in Q3 2017. Its up 0.10, from 1.02 in 2017Q2. It improved, as 52 investors sold OKE shares while 103 reduced holdings. 42 funds opened positions while 85 raised stakes. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The Illinois-based Citadel Ltd Liability Corporation has invested 0% in Lazard Ltd (NYSE:LAZ). Federated Invsts Incorporated Pa accumulated 525,235 shares. The Piotroski F-Score of Lazard Ltd (NYSE:LAZ) is 8. Metropolitan Life Insur, New York-based fund reported 8,503 shares. Dekabank Deutsche Girozentrale reported 213,764 shares. Brandywine Glob Investment Mgmt Ltd Company reported 151,876 shares. Envestnet Asset Mngmt Inc holds 0% or 24,650 shares in its portfolio. Glenmede Tru Co Na owns 545 shares for 0% of their portfolio. Individual investors who prefer buy and hold strategies may be more likely to be studying the fundamentals. Schroder Inv Mgmt Gru holds 763,400 shares. Gofen Glossberg Lc Il has invested 0.07% in Lazard Ltd (NYSE:LAZ). During the same quarter in the previous year, the company earned $0.85 EPS. LAZ's profit will be $99.13M for 15.90 P/E if the $0.93 EPS becomes a reality. The asset manager reported $0.85 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.10.
Navellier & Associates Inc, which manages about $2.37B and $514.86M US Long portfolio, upped its stake in Intuitive Surgical Inc. (NASDAQ:AMAT) by 25,803 shares in the quarter, for a total of 134,492 shares, and has risen its stake in Stmicroelectronics N.V. (NYSE:STM).
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