Pzena Investment Management Inc. (NYSE:PZN) saw strong trading volume on Thursday . 78,191 shares changed hands during mid-day trading, an increase of 32% from the previous session’s volume of 59,078 shares.The stock last traded at $7.48 and had previously closed at $7.47.

The company has a 50 day moving average of $8.07 and a 200 day moving average of $7.77. The company has a market capitalization of $115.26 million and a P/E ratio of 16.11.

Pzena Investment Management (NYSE:PZN) last issued its quarterly earnings results 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 expect that Pzena Investment Management Inc. will post $0.38 earnings per share for the current year.

Several large investors recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of 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 in the last quarter. I.G. Investment Management LTD. bought a new stake in shares of Pzena Investment Management during the fourth quarter valued at $2,575,000. Royce & Associates LLC increased 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 valued at $4,340,000 after buying an additional 146,851 shares in the last quarter. Finally, GSA Capital Partners LLP increased 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 valued at $1,510,000 after buying an additional 31,012 shares in 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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