Published: Thu, February 15, 2018
Business | By Tara Barton

Hudson Capital Management LLC Takes Position in Lazard Ltd (LAZ)


LLC increased its holdings in Lazard by 2,608.0% in the 2nd quarter. About 763,903 shares traded or 4.58% up from the average. Lazard Ltd (LAZ) has risen 35.63% since February 14, 2017 and is uptrending. It has outperformed by 21.80% the S&P500. Therefore 75% are positive. Lazard had 40 analyst reports since July 24, 2015 according to SRatingsIntel. Finally, TheStreet cut Lazard from an "a-" rating to a "c+" rating in a report on Friday, February 2nd. The stock has "Hold" rating by SunTrust on Wednesday, January 3. UBS maintained the shares of LAZ in report on Friday, February 3 with "Buy" rating. Keefe Bruyette & Woods initiated the stock with "Outperform" rating in Friday, February 17 report. Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $67.00 price target on shares of Lazard in a research note on Thursday, February 1st. Nomura maintained Lazard Ltd (NYSE:LAZ) on Friday, November 3 with "Neutral" rating. The company was maintained on Wednesday, April 5 by Wood. As per Tuesday, January 12, the company rating was downgraded by Goldman Sachs. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock.

Analysts await Applied Materials, Inc. AMAT's profit will be $1.02 billion for 13.39 P/E if the $0.97 EPS becomes a reality. Whittier Tru reported 1,676 shares or 0% of all its holdings. Balyasny Asset Mgmt Limited Liability accumulated 1.05M shares. Vanguard Gp reported 1.50M shares. On Tuesday, January 2 Nalamasu Omkaram sold $2.83 million worth of Applied Materials, Inc. (NASDAQ:ECYT) for 46,816 shares.

Investors sentiment increased to 1.12 in Q3 2017. Its down 0.16, from 1.16 in 2017Q2. Bnp Paribas Arbitrage invested in 0% or 4,773 shares. 123 funds opened positions while 263 raised stakes. Panagora Asset Inc reported 9,155 shares. Matarin Capital Mgmt Limited Liability invested in 101,129 shares or 0.45% of the stock. Ameriprise Fincl stated it has 0% in Endocyte, Inc. Amalgamated Bancshares holds 0.03% or 22,609 shares. Jarislowsky Fraser invested 0.01% in Applied Materials, Inc. Bridgeway Cap Mgmt has 0.01% invested in Endocyte, Inc. Pinnacle Limited owns 32,820 shares. Connor Clark Lunn Investment Mngmt reported 15,000 shares or 0% of all its holdings. The Manufacturers Life Insurance Company now owns 4,843 shares of the asset manager's stock valued at $225,000 after acquiring an additional 753 shares during the last quarter. Ellington Grp Inc Ltd reported 0.33% stake. Zacks Investment Research upgraded shares of Lazard from a "hold" rating to a "buy" rating and set a $67.00 price target on the stock in a research note on Monday, February 5th. Insight Cap Inc has invested 0.87% of its portfolio in Applied Materials, Inc. Hotchkis Wiley Cap Ltd has 858,363 shares. Pggm Invs has 0.07% invested in The Southern Company (NYSE:SO).

Old Point Trust & Financial Services N A increased its stake in Southern Co (SO) by 9.36% based on its latest 2017Q3 regulatory filing with the SEC. Paradigm Advsr Limited Liability Corp reported 12,000 shares stake.

FNF Group of Fidelity National Financial (NYSE:FNF) Announces Earnings Results
Palisade Mgmt Ltd Com Nj holds 0.2% of its portfolio in Fidelity National Financial, Inc. (NYSE:SEAS) for 5.26M shares. The stock of Realty Income Corporation (NYSE:O) has "Overweight" rating given on Monday, July 17 by Morgan Stanley.

Among 28 analysts covering Applied Materials Inc. Lazard presently has an average rating of "Buy" and a consensus target price of $60.56. Therefore 67% are positive. The rating was maintained by RBC Capital Markets with "Sector Perform" on Friday, August 14. The firm has "Buy" rating given on Wednesday, July 19 by Jefferies. As per Tuesday, January 16, the company rating was upgraded by Susquehanna. The stock of Endocyte, Inc. (NASDAQ:ECYT) on Wednesday, November 4 with "Outperform" rating. As per Thursday, August 13, the company rating was maintained by Deutsche Bank. The firm has "Buy" rating by DA Davidson given on Monday, June 27. Fmr Ltd Com accumulated 2.44M shares. Principal Financial Group Inc. now owns 971,137 shares of the asset manager's stock worth $43,915,000 after purchasing an additional 405,016 shares in the last quarter. Arcc (NASDAQ:ARCC) was raised too.

Investors sentiment decreased to 1 in 2017 Q3. Its up 0.10, from 1.02 in 2017Q2. The correct version of this news story can be accessed at https://weekherald.com/2018/02/15/lazard-ltd-laz-shares-sold-by-meritage-portfolio-management.html. 42 funds opened positions while 85 raised stakes.

Lesa Sroufe & Co holds 4.43% of its portfolio in Lazard Ltd for 111,800 shares. Mufg Americas Holding has invested 0.01% in Lazard Ltd (NYSE:LAZ). Jacobs Levy Equity Management holds 29,041 shares or 0% of its portfolio. California State Teachers Retirement has 0.02% invested in Lazard Ltd (NYSE:LAZ) for 194,118 shares. Nomura upgraded Lazard Ltd (NYSE:LAZ) rating on Wednesday, January 3. Middleton And Communications Ma invested in 18,305 shares. Barrington Strategic Wealth Gru Ltd Com stated it has 41,023 shares. (NASDAQ:ECYT). Yakira Capital Management reported 0.01% stake. Keefe Bruyette & Woods maintained Lazard Ltd (NYSE:LAZ) rating on Thursday, December 21. Gsa Capital Prns Limited Liability Partnership has 0.2% invested in Lazard Ltd (NYSE:LAZ). New Jersey Better Educational Savings Trust reported 0.37% in The Southern Company (NYSE:SO). Bank of America initiated the shares of LAZ in report on Wednesday, December 14 with "Underperform" rating. The stock increased 3.61% or $1.97 during the last trading session, reaching $56.48. About 178,359 shares traded.

CIBC Asset Management Inc purchased a new stake in shares of Lazard Ltd (NYSE:LAZ) in the fourth quarter, according to the company in its most recent filing with the SEC. It has outperformed by 18.93% the S&P500. JMP Securities increased their target price on Lazard from $63.00 to $65.00 and gave the company a "market outperform" rating in a research report on Friday, February 2nd.

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