Pzena Investment Management, Inc. is a employee owned investment manager. The firm manages equity mutual funds for its clients. It invests in the public equity markets. The firm provides its services to Individuals, high net worth individuals, investment companies, pooled investment vehicles, charitable organizations, pension and profit sharing plans, state or municipal government entities, charitable organizations, other investment advisers, insurance companies, sovereign wealth funds and foreign official institutions, corporations or other businesses. The firm uses a combination of fundamental analysis to make its investments. The firm employs a combination of in-house and external research to make its investments. Pzena Investment Management, Inc. was founded in 1995 and is based in New York City with additional offices in Melbourne, Australia and London, United Kingdom.
IPO Year: 2007
Exchange: NYSE
Website: pzena.com
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15-12G - Pzena Investment Management, Inc. (0001399249) (Filer)
10-Q - Pzena Investment Management, Inc. (0001399249) (Filer)
EFFECT - Pzena Investment Management, Inc. (0001399249) (Filer)
EFFECT - Pzena Investment Management, Inc. (0001399249) (Filer)
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S-8 POS - Pzena Investment Management, Inc. (0001399249) (Filer)
S-8 POS - Pzena Investment Management, Inc. (0001399249) (Filer)
S-8 POS - Pzena Investment Management, Inc. (0001399249) (Filer)
POS AM - Pzena Investment Management, Inc. (0001399249) (Filer)
POS AM - Pzena Investment Management, Inc. (0001399249) (Filer)
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SC 13D - Pzena Investment Management, Inc. (0001399249) (Subject)
SC 13G/A - Pzena Investment Management, Inc. (0001399249) (Subject)
SC 13G/A - Pzena Investment Management, Inc. (0001399249) (Subject)
SC 13G - Pzena Investment Management, Inc. (0001399249) (Subject)
SC 13G - Pzena Investment Management, Inc. (0001399249) (Subject)
SC 13G/A - Pzena Investment Management, Inc. (0001399249) (Subject)
NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced the completion of its previously announced take-private transaction. Effective today, PZN will operate as a privately-held company owned by the existing partners of Pzena Investment Management, LLC. PZN stockholders approved the transaction at a special meeting on October 27, 2022. As a result of the completion of the transaction, PZN Class A stockholders will receive $9.60 per share in cash for each Class A share owned immediately before the closing of the transaction. PZN stock ceased trading [prior to market open today] and will no longer be listed on the New York Stock Exch
NEW YORK, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced that, at the special meeting of stockholders held today, its stockholders approved the previously announced take-private transaction with Pzena Investment Management, LLC. Approximately 10.8 million unaffiliated Class A shares voted for the merger and approximately 1.1 million shares voted against. There were approximately 14.7 million unaffiliated Class A shares outstanding on the record date. Under the terms of the transaction, holders of PZN Class A common stock will receive $9.60 per share in cash following the closing of the transaction. The transaction is expected
Pzena reports third quarter 2022 Diluted EPS of $0.15.Assets under management ends the third quarter at $42.0 billion.Q3 2022 revenue decreases 12 percent to $45.2 million from Q3 2021. NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and nine months ended September 30, 2022 and 2021 (in thousands, except per-share amounts): GAAP Basis For the Three Months Ended September 30, 2022 2021 (unaudited) Basic Net Income $2,697 $5,068 Basic Earnings per Share $0.16 $0.29 Diluted Net Income $12,782
Special meeting of stockholders to take place on October 27, 2022, at 10:00 a.m. Eastern Time NEW YORK, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced that leading independent proxy advisory firm Glass, Lewis & Co ("Glass Lewis") has recommended that stockholders vote "FOR" the adoption of the merger agreement pursuant to which Pzena will become a private company. Institutional Shareholder Services ("ISS") has also recommended that stockholders vote in support of the transaction. The special meeting of stockholders to vote on the transaction will take place virtually on October 27, 2022, at 10:00 a.m. Eastern Time. In its Octobe
NEW YORK, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that stockholders vote "FOR" the adoption of the merger agreement pursuant to which Pzena will become a private company. The special meeting of stockholders to vote on the transaction will take place virtually on October 27, 2022, at 10:00 a.m. Eastern Time. In its October 12, 2022 report, ISS noted1: "The all-cash consideration delivers liquidity and certain value to holders of a thinly-traded stock.""The merger consideration represents a substantial premium of 49.1 percent
NEW YORK, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced that it has received all regulatory approvals required under the merger agreement to complete the proposed transaction announced on July 26, 2022. The transaction is expected to close in the fourth quarter of 2022, subject to receipt of requisite approval by PZN stockholders and satisfaction of other customary closing conditions. The merger agreement was unanimously approved by a Special Committee of independent and disinterested directors following careful consideration and a robust negotiation process. The Committee concluded that the transaction is in the best inter
NEW YORK, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today reported its preliminary assets under management as of September 30, 2022 and preliminary flows for the third quarter of 2022. AUM for month-end September 2022, month-end August 2022, and month-end September 2021 are listed below: Pzena Investment Management, Inc.Assets Under Management¹($ billions) As of As of As of September 30, 2022 August 31, 2022 September 30, 2021 Account Type Separately Managed Accounts $14.0 $16.0 $18.8 Sub-Advised Accounts 25.6 28.9 29.3 Pzena Funds 2.4 2.6 2.7 Total $42.0 $47.5 $50.8 Investment Strategy U.S. Value Strategies
NEW YORK, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today reported its preliminary assets under management as of August 31, 2022. AUM for month-end August 2022, month-end July 2022, and month-end August 2021 are listed below: Pzena Investment Management, Inc. Assets Under Management1 ($ billions) As of As of As of August 31, 2022 July 31, 2022 August 31, 2021Account Type Separately Managed Accounts $16.0 $16.5 $19.6Sub-Advised Accounts 28.9 28.1 30.7Pzena Funds 2.6 2.6 2.8Total $47.5 $47.2 $53.1Investment Strategy U.S. Value Strategies Large Cap Value $9.8 $10.2 $11.6Mid Cap Value 2.6 2.6 3.0Small Cap Value 2.2 2.4 2.5
NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today reported its preliminary assets under management as of July 31, 2022. AUM for month-end July 2022, month-end June 2022, and month-end July 2021 are listed below: Pzena Investment Management, Inc.Assets Under Management1($ billions) As of As of As of July 31, 2022 June 30, 2022 July 31, 2021 Account Type Separately Managed Accounts $16.5 $16.4 $19.6 Sub-Advised Accounts 28.1 26.1 30.2 Pzena Funds 2.6 2.5 2.7 Total $47.2 $45.0 $52.5 Investment Strategy U.S. Value Strategies Large Cap Value $10.2 $9.7 $11.0 Mid Cap Value 2.6 2.5 3.0 Small Cap
Publicly Traded Shares to Receive $9.60 per Share in Cash Pzena Management and Investment Teams to Continue to Lead Firm Pzena Reports Second Quarter 2022 Diluted EPS of $0.15 per Share NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced that it has entered into an agreement to become a private company through a transaction in which holders of PZN Class A common stock will receive $9.60 per share in cash. Under the terms of the definitive agreement, PZN will merge with and into a newly formed subsidiary of its operating company, Pzena Investment Management, LLC ("PIM"), in an all-cash transaction that implies an enterprise va
Pzena reports third quarter 2022 Diluted EPS of $0.15.Assets under management ends the third quarter at $42.0 billion.Q3 2022 revenue decreases 12 percent to $45.2 million from Q3 2021. NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and nine months ended September 30, 2022 and 2021 (in thousands, except per-share amounts): GAAP Basis For the Three Months Ended September 30, 2022 2021 (unaudited) Basic Net Income $2,697 $5,068 Basic Earnings per Share $0.16 $0.29 Diluted Net Income $12,782
Publicly Traded Shares to Receive $9.60 per Share in Cash Pzena Management and Investment Teams to Continue to Lead Firm Pzena Reports Second Quarter 2022 Diluted EPS of $0.15 per Share NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced that it has entered into an agreement to become a private company through a transaction in which holders of PZN Class A common stock will receive $9.60 per share in cash. Under the terms of the definitive agreement, PZN will merge with and into a newly formed subsidiary of its operating company, Pzena Investment Management, LLC ("PIM"), in an all-cash transaction that implies an enterprise va
NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today announced that it will hold a conference call to discuss the Company's financial results and outlook at 10:00 a.m. ET, Wednesday, July 27, 2022. The call will be open to the public. Webcast Instructions: To gain access to the webcast, which will be "listen-only," go to the Events page in the Investor Relations area of the Company's website, www.pzena.com. Teleconference Instructions: To gain access to the conference call via telephone, U.S. callers should dial 1-844-200-6205; Canada callers should dial 1-833-950-0062; international callers should dial 1-929-526-1599. All callers will need to us
Pzena reports first quarter 2022 Diluted EPS of $0.16.Assets under management ends the first quarter at $52.8 billion.Q1 2022 revenue increases 15 percent to $52.8 million from Q1 2021.Board declares a quarterly dividend of $0.03 per share. NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three months ended March 31, 2022 and 2021 (in thousands, except per-share amounts): GAAP Basis For the Three Months Ended March 31, 2022 2021 (unaudited) Basic Net Income $2,815 $4,187 Basic Earnings per Share $0
NEW YORK, April 07, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today announced that it will hold a conference call to discuss the Company's financial results and outlook at 10:00 a.m. ET, Wednesday, April 20, 2022. The call will be open to the public. Webcast Instructions: To gain access to the webcast, which will be "listen-only," go to the Events page in the Investor Relations area of the Company's website, www.pzena.com. Teleconference Instructions: To gain access to the conference call via telephone, U.S. callers should dial 844-200-6205; Canada callers should dial 833-950-0062; international callers should dial 929-526-1599. All callers will need to use ac
Pzena reports full year 2021 Diluted EPS of $1.00 and fourth quarter 2021 Diluted EPS of $0.24. Assets under management ends the fourth quarter at $52.5 billion.2021 full year revenue increases 44 percent to $199.3 million.Board declares a year-end dividend of $0.53 per share. NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and twelve months ended December 31, 2021 and 2020 (in thousands, except per-share amounts): GAAP Basis For the Three Months Ended December 31, 2021 2020 (unaudited)Basic Net
NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today announced that it will hold a conference call to discuss the Company's financial results and outlook at 10:00 a.m. ET, Wednesday, February 2, 2022. The call will be open to the public. Webcast Instructions: To gain access to the webcast, which will be "listen-only," go to the Events page in the Investor Relations area of the Company's website, www.pzena.com. Teleconference Instructions: To gain access to the conference call via telephone, U.S. callers should dial 844-200-6205; Canada and other international callers should dial 929-526-1599. All callers will need to use access code 431940 to joi
Pzena reports third quarter 2021 Diluted EPS of $0.27.Assets under management ends the third quarter at $50.8 billion.Q3 2021 revenue increases 52 percent to $51.6 million from Q3 2020.Board declares a quarterly dividend of $0.03 per share. NEW YORK, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and nine months ended September 30, 2021 and 2020 (in thousands, except per-share amounts): GAAP Basis For the Three Months Ended September 30, 2021 2020 (unaudited) Basic Net Income $5,068 $2,664 Basic Earnings per
NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today announced that it will hold a conference call to discuss the Company's financial results and outlook at 10:00 a.m. ET, Wednesday, October 20, 2021. The call will be open to the public. Webcast Instructions: To gain access to the webcast, which will be "listen-only," go to the Events page in the Investor Relations area of the Company's website, www.pzena.com. Teleconference Instructions: To gain access to the conference call via telephone, U.S. callers should dial 844-200-6205; Canada and other international callers should dial 929-526-1599. All callers will need to use access code 231025 to joi
Pzena reports second quarter 2021 Diluted EPS of $0.25.Assets under management ends the second quarter at $53.1 billion.Q2 2021 revenue increases 69 percent to $50.9 million from Q2 2020.Board declares a quarterly dividend of $0.03 per share.Company announces $40.0 million increase in authorization under current stock and unit repurchase program. NEW YORK, July 20, 2021 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and six months ended June 30, 2021 and 2020 (in thousands, except per-share amounts): GAAP Basis For the Three Mon
Pzena Investment Management, Inc. (NYSE:PZN) ("PZN") today announced the completion of its previously announced take-private transaction. Effective today, PZN will operate as a privately-held company owned by the existing partners of Pzena Investment Management, LLC. PZN stockholders approved the transaction at a special meeting on October 27, 2022. As a result of the completion of the transaction, PZN Class A stockholders will receive $9.60 per share in cash for each Class A share owned immediately before the closing of the transaction. PZN stock ceased trading [prior to market open today] and will no longer be listed on the New York Stock Exchange. "We are excited to start this next ch
Pzena Investment Mgmt (NYSE:PZN) reported quarterly earnings of $0.15 per share. This is a 44.44 percent decrease over earnings of $0.27 per share from the same period last year. The company reported $45.24 million in sales this quarter. This is a 12.36 percent decrease over sales of $51.62 million the same period last year.
U.S. stocks closed sharply higher on Wednesday, with the Dow Jones jumping more than 400 points. Here is the list of some big stocks moving higher in the previous session. Pzena Investment Management, Inc (NYSE:PZN) climbed 46.1% to close at $9.41 after the company announced it will become private at $9.60 per share. The company also reported a rise quarterly sales. AMTD Digital Inc. (NYSE:HKD) gained 36.2% to close at $76.69. Pagaya Technologies Ltd. (NASDAQ:PGY) rose 31.2% to settle at $21.97. Teva Pharmaceutical Industries Limited (NYSE:TEVA) rose 28.4% to close at $9.14 after the company reported better-than-expected financial results. Nutriband Inc. (NASDAQ:NTRB) jumped 19.9% t
Gainers Blue Water Vaccines, Inc. (NASDAQ:BWV) shares climbed 53.2% to close at $3.14 on Wednesday. Blue Water Vaccines recently announced signing of sponsored research agreement with Cincinnati Children's Hospital Medical Center for S&P vaccine platform development. Pzena Investment Management, Inc (NYSE:PZN) climbed 46.1% to close at $9.41 after the company announced it will become private at $9.60 per share. The company also reported a rise quarterly sales. Cryptyde, Inc. (NASDAQ:TYDE) jumped 43.7% to close at $1.27. QualTek Services Inc. (NASDAQ:QTEK) rose 37.8% to settle at $1.35 as investors digested the Fed's decision to raise rates by 75 bps as expected. AMTD Digital Inc. (N
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 150 points on Wednesday. The Dow traded up 0.49% to 31,915.65 while the NASDAQ rose 2.83% to 11,889.90. The S&P also rose, gaining, 1.59% to 3,983.55. Also check this: Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar Leading and Lagging Sectors Communication services shares rose 3.9% on Wednesday. Meanwhile, top gainers in the sector included Leafly Holdings, Inc. (NASDAQ:LFLY), up 39% and Spotify Technology S.A.. (NYSE:SPOT) up 12%. In trading on Wednesday, utilities shares fell 0.2%. Top Headline The Federal Reserve boosted rates by 75 bps.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 300 points on Wednesday. The Dow traded up 0.45% to 31,904.19 while the NASDAQ rose 2.77% to 11,883.01. The S&P also rose, gaining, 1.52% to 3,980.56. Also check this: Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar Leading and Lagging Sectors Communication services shares rose 4.2% on Wednesday. Meanwhile, top gainers in the sector included Leafly Holdings, Inc. (NASDAQ:LFLY), up 60% and Spotify Technology S.A.. (NYSE:SPOT) up 14%. In trading on Wednesday, health care shares fell 0.4%. Top Headline Boeing Co (NYSE:BA) reported a second-qu
Gainers Blue Water Vaccines, Inc. (NASDAQ:BWV) shares jumped 67.8% to $3.4390. Blue Water Vaccines recently announced signing of sponsored research agreement with Cincinnati Children's Hospital Medical Center for S&P vaccine platform development. Cryptyde, Inc. (NASDAQ:TYDE) gained 56.2% to $1.3812. Pzena Investment Management, Inc (NYSE:PZN) jumped 45.7% to $9.38 after the company announced it will become private at $9.60 per share. The company also reported a rise quarterly sales. Dave Inc. (NASDAQ:DAVE) rose 27.9% to $0.8001. Dave is expected to release its second quarter 2022 financial results on Thursday, August 11, 2022. Green Giant Inc. (NASDAQ:GGE) gained 23.6% to $2.46. Te
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 250 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.41% to 31,892.38 while the NASDAQ rose 2.16% to 11,808.12. The S&P also rose, gaining, 1.12% to 3,965.14. Also check this: Bitcoin Drops Further To This Level, Here Are Other Crypto Movers That Should Be On Your Radar Leading and Lagging Sectors Communication services shares rose 3.2% on Wednesday. Meanwhile, top gainers in the sector included Leafly Holdings, Inc. (NASDAQ:LFLY), up 32% and Spotify Technology S.A.. (NYSE:SPOT) up 16%. In trading on Wednesday, materials shares fell 1.2%. Top Headline Alphabet Inc. (
Pzena Investment Management, Inc (NYSE:PZN) rose 46.4% to $9.43 in pre-market trading as the company said it has entered into an agreement to become a private company. The company also reported a rise quarterly sales. Teva Pharmaceutical Industries Limited (NYSE:TEVA) rose 18.3% to $8.42 in pre-market trading after the company reported better-than-expected financial results. Western Midstream Partners, LP (NYSE:WES) rose 11.1% to $29.46 in pre-market trading. Western Midstream Partners recently announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the second quarter. Enphase Energy, Inc. (NASDAQ:ENPH) shares rose 9.9%