Loading…
Loading…
Lazard Inc.'s LAZ stock has lost 14.1% over the past six months against the industry's growth of 5.5%. The underperformance raises questions about whether the recent pullback presents an attractive entry point or if investors should wait for greater clarity on the company's growth outlook.
Deutsche Bank AG acquired a new position in shares of Lazard, Inc. (NYSE: LAZ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,056 shares of the asset manager's stock, valued at approximately $1,093,000. Other hedge funds
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in July
NEW YORK, Aug. 21, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on September 22, 2026, to shareholders of record on September 10, 2026.
Bank of America Corp DE lifted its stake in Lazard, Inc. (NYSE: LAZ) by 28.4% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 448,446 shares of the asset manager's stock after buying an additional 99,110 shares during the period.
Algebris UK Ltd. bought a new position in shares of Lazard, Inc. (NYSE: LAZ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 261,796 shares of the asset manager's stock, valued at approximately $10,945,000. Algebris UK Ltd. owned 0.24% of Lazard as
ZURICH, Aug. 17, 2026 /PRNewswire/ -- Lazard today announced the expansion of its Financial Advisory business with the appointment of Dr. Marco Superina to lead investment banking for Switzerland, strengthening the firm's dedicated coverage of the DACH region and its focus on clients across Switzerland. This expansion and appointment reflect the firm's ongoing investment to accelerate growth in Europe by broadening coverage in key markets across the region and its global Financial Advisory franchise as part of its long-term growth strategy, Lazard 2030.
LAZ's AUM rises marginally in July to $286.9B on market appreciation despite net outflows. Let's see if it can sustain AUM growth on strong client demand.