Lazard Ltd (NYSE:LAZ) to announce $0.44 dividend on May 18, 2018

May 3, 2018 - By Carey Conley

Lazard Ltd (NYSE:LAZ) Corporate Logo
During 2017 Q4 the big money sentiment decreased to 1. That’s change of 0.12, from 2017Q3’s 1.12. 19 investors sold all, 101 reduced holdings as Lazard Ltd ratio turned negative. 75 grew holdings while 45 funds bought holdings. Funds hold 87.70 million shares thus 2.52% less from 2017Q3’s 89.96 million shares.
Utah Retirement stated it has 21,739 shs. Dekabank Deutsche Girozentrale reported 213,764 shs. 1,128 are owned by Northwestern Mutual Wealth Mgmt Co. Metropolitan Life Insur Co Ny holds 0.01% or 8,232 shs in its capital. Midas Corporation invested in 0.87% or 41,500 shs. 628,364 were accumulated by Principal Financial Group Incorporated. Piermont Capital stated it has 0.17% of its capital in Lazard Ltd (NYSE:LAZ). Omers Administration Corp invested in 51,100 shs or 0.03% of the stock. Raymond James & Associates stated it has 93,834 shs or 0.01% of all its holdings. Rhumbline Advisers reported 129,193 shs stake. Ameriprise stated it has 0.01% in Lazard Ltd (NYSE:LAZ). First Allied Advisory Services holds 5,770 shs or 0.01% of its capital. First Advisors Ltd Partnership accumulated 480,936 shs. Evanson Asset Management Lc reported 23,465 shs stake. 519 were accumulated by Shine Advisory Svcs Inc.

Lazard Ltd had 2 selling transactions and 0 insider buys since March 1, 2018. This’s net activity of $4.24 million. $781,950 worth of stock was sold by Hoffman Scott D on Thursday, March 1.

Shareholders are waiting $0.44 dividend by Lazard Ltd to be distributed on May 18, 2018, according to Zacks. The ex-date is May 4, 2018. The dividend is 0.83 % from Lazard Ltd’s price of $53.26. It has announcement date Apr 25, 2018 and record date May 7, 2018. LAZ is touching $53.26 during the last trading session, after decreased 3.27%.Lazard Ltd is uptrending after having risen 18.45% since May 3, 2017. LAZ has 1.46M volume or 55.79% up from normal. LAZ outperformed the S&P500 by 6.90%.

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm worldwide.The company has $6.91 billion market cap. The Company’s Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, restructurings, capital structure, capital raising, corporate preparedness, and various other financial matters.27.88 is the P/E ratio. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients.

Lazard Ltd (NYSE:LAZ) Ratings Coverage

In total 8 analysts cover Lazard (NYSE:LAZ). “Buy” rating has 7, “Sell” are 0, while 1 are “Hold”. 88% are bullish. With $69.0 highest and $53.0 lowest target price Lazard has $60 average target price or 12.65% above the current ($53.26) price. 14 are the (NYSE:LAZ)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. In Wednesday, January 3 report Nomura upgraded it to “Buy” rating and $62.0 target. On Thursday, February 1 Keefe Bruyette & Woods maintained the shares of LAZ in report with “Buy” rating. On Friday, February 2 the company was maintained by Sandler O’Neill. On Tuesday, April 17 the stock of Lazard Ltd (NYSE:LAZ) earned “Buy” rating by Bank of America. In Wednesday, January 3 report Instinet upgraded the stock to “Buy” rating. On Wednesday, January 10 the firm has “Buy” rating by Keefe Bruyette & Woods given. On Thursday, January 11 Sandler O’Neill maintained Lazard Ltd (NYSE:LAZ) rating. Sandler O’Neill has “Buy” rating and $64.0 target. On Friday, February 2 the stock has “Market Outperform” rating by JMP Securities. On Thursday, April 12 the firm has “Buy” rating by Sandler O’Neill given. In Friday, April 27 report JMP Securities maintained the stock with “Market Outperform” rating.

Lazard Ltd (NYSE:LAZ) Analyst Ratings Chart

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