Pzena Investment Management Inc. (NYSE:PZN)’s share price traded down 2.6% during mid-day trading on Monday . The stock traded as low as $7.07 and last traded at $7.17, with a volume of 71,356 shares changing hands. The stock had previously closed at $7.36.

The stock’s 50-day moving average is $8.23 and its 200 day moving average is $7.79. The stock has a market cap of $108.33 million and a price-to-earnings ratio of 15.14.

Pzena Investment Management (NYSE:PZN) last posted its quarterly earnings data on Tuesday, April 19th. The company reported $0.09 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.09. On average, equities research analysts forecast that Pzena Investment Management Inc. will post $0.40 EPS for the current fiscal year.

Other hedge funds and institutional investors have bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in Pzena Investment Management by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 266,626 shares of the company’s stock valued at $2,293,000 after buying an additional 12,023 shares during the period. I.G. Investment Management LTD. purchased a new stake in shares of Pzena Investment Management during the fourth quarter worth approximately $2,575,000. Royce & Associates LLC raised its stake in shares of Pzena Investment Management by 41.0% in the fourth quarter. Royce & Associates LLC now owns 504,600 shares of the company’s stock worth $4,340,000 after buying an additional 146,851 shares during the last quarter. Finally, GSA Capital Partners LLP raised its stake in shares of Pzena Investment Management by 21.5% in the fourth quarter. GSA Capital Partners LLP now owns 175,524 shares of the company’s stock worth $1,510,000 after buying an additional 31,012 shares during the last quarter.

Pzena Investment Management, Inc is an investment management firm. The Company manages assets across a range of market capitalizations in both the United States and non-United States capital markets. The Company manages separate accounts on behalf of institutions, acts as sub-investment adviser for a range of Securities and Exchange Commission (SEC)-registered mutual funds and non-United States funds, and acts as investment adviser for the Pzena Mutual Funds, certain private placement funds and non-United States funds.

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