Summit Financial Wealth Advisors Has Lifted Its Lazard LTD (LAZ) Stake; Johnson Financial Group Has Upped Interpublic Group Cos (IPG) Position by $695,860 as Stock Rose

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Johnson Financial Group Inc increased its stake in Interpublic Group Cos Inc (IPG) by 30123.81% based on its latest 2018Q3 regulatory filing with the SEC. Johnson Financial Group Inc bought 31,630 shares as the company’s stock rose 0.35% while stock markets declined. The institutional investor held 31,735 shares of the technology company at the end of 2018Q3, valued at $726,000, up from 105 at the end of the previous reported quarter. Johnson Financial Group Inc who had been investing in Interpublic Group Cos Inc for a number of months, seems to be bullish on the $8.73 billion market cap company. The stock increased 4.75% or $1.03 during the last trading session, reaching $22.7. About 9.88M shares traded or 109.11% up from the average. The Interpublic Group of Companies, Inc. (NYSE:IPG) has risen 13.42% since February 14, 2018 and is uptrending. It has outperformed by 13.42% the S&P500. Some Historical IPG News: 07/03/2018 – Mars Petcare, Michelson Found Animals Foundation, and R/GA Launch the Leap Venture Studio, the First Dedicated Accelerator Program for the $100B Pet Care Industry; 29/03/2018 – IPG NAMES MICHAEL KOZIOL GLOBAL CEO; 04/04/2018 – FITCH UPGRADES INTERPUBLIC GROUP OF COS. TO ‘BBB+’; OUTLOOK; 29/03/2018 – INTERPUBLIC GROUP OF COMPANIES INC – MANAGEMENT SUCCESSION SEES MICHAEL KOZIOL NAMED GLOBAL CEO AS AARON SHAPIRO DEPARTS FOR NEW VENTURE; 15/05/2018 – Interpublic Presenting at JPMorgan Conference Tomorrow; 27/04/2018 – IPG CEO MICHAEL ROTH SAYS WORKING VERY CLOSELY WITH FACEBOOK TO SOLVE SOME PRIVACY ISSUES AFTER RECENT REVELATION OF DATA LEAK – CNBC; 29/03/2018 – CORRECTED-INTERPUBLIC GROUP OF COMPANIES – MANAGEMENT SUCCESSION SEES MICHAEL KOZIOL NAMED GLOBAL CEO OF HUGE (NOT FOR ENTIRE CO) AS AARON SHAPIRO DEPARTS FOR NEW VENTURE; 29/03/2018 – Huge Transitions to New Global Leadership; 07/05/2018 – Momentum Worldwide Unveils “First Cut” – An Enhanced Golf Division In Partnership With The Moore Group; 30/04/2018 – McCann Worldgroup Sweeps 2018 APAC Effie Awards

Summit Financial Wealth Advisors Llc increased its stake in Lazard Ltd (LAZ) by 22.88% based on its latest 2018Q3 regulatory filing with the SEC. Summit Financial Wealth Advisors Llc bought 14,034 shares as the company’s stock declined 24.07% with the market. The institutional investor held 75,374 shares of the investment managers company at the end of 2018Q3, valued at $3.23M, up from 61,340 at the end of the previous reported quarter. Summit Financial Wealth Advisors Llc who had been investing in Lazard Ltd for a number of months, seems to be bullish on the $4.55 billion market cap company. The stock decreased 1.15% or $0.45 during the last trading session, reaching $38.56. About 1.60 million shares traded or 64.93% up from the average. Lazard Ltd (NYSE:LAZ) has declined 28.81% since February 14, 2018 and is downtrending. It has underperformed by 28.81% the S&P500. Some Historical LAZ News: 09/05/2018 – InvestmentEurope: Exclusive: Lazard Frères Gestion appoints subordinated debt fund manager; 09/04/2018 – SABESP: LAZARD NOTE ON TOTAL CLIENTS PORTFOLIO MANAGED BY CO; 30/04/2018 – Lazard’s Raine Says Health-Care M&A Has Been Heating Up (Video); 09/04/2018 – SABESP GOT NOTE FROM LAZARD ON SHAREHOLDERS’ HOLDING TO 5.06%; 10/04/2018 – LAZARD ASSET MANAGEMENT LLC – LAM IS EXPECTED TO LAUNCH NEW MARKET-NEUTRAL EQUITY INVESTMENT STRATEGY IN SECOND HALF OF 2018; 25/04/2018 – LAZARD BOOSTS QTRLY DIV TO 44C-SHR FROM 41C, EST. 45C; 26/04/2018 – LAZARD – “STARTING THIS QTR, NO LONGER BREAKING OUT RESTRUCTURING REVENUE WITHIN FINANCIAL ADVISORY SEGMENT” – CFO ON CONF CALL; 14/05/2018 – Lazard Asset Buys New 3% Position in Cohu; 25/04/2018 – LAZARD BOOSTS QTRLY DIV TO $0.44-SHR; 06/05/2018 – Oman Oil Is Said to Hire Lazard as Firm Weighs Strategic Options

More notable recent Lazard Ltd (NYSE:LAZ) news were published by: Businesswire.com which released: “Alejandro Capote Joins Lazard as a Managing Director and Head of Financial Advisory, Mexico – Business Wire” on January 23, 2019, also Zacks.com with their article: “Lazard’s (LAZ) Q4 Earnings Beat Estimates, Revenues Up Y/Y – Zacks.com” published on February 06, 2019, Zacks.com published: “Lazard Reports Sequential Rise in January AUM on Net Inflows – Zacks.com” on February 14, 2019. More interesting news about Lazard Ltd (NYSE:LAZ) were released by: Seekingalpha.com and their article: “Lazard Ltd. (LAZ) CEO Kenneth Jacobs on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 05, 2019 as well as Businesswire.com‘s news article titled: “Lazard to Add Explainable Artificial Intelligence (XAI) Capability – Business Wire” with publication date: February 04, 2019.

Among 14 analysts covering Lazard (NYSE:LAZ), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Lazard had 45 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, April 17 the stock rating was upgraded by Bank of America to “Buy”. Credit Suisse maintained the shares of LAZ in report on Monday, April 24 with “Buy” rating. The stock of Lazard Ltd (NYSE:LAZ) earned “Buy” rating by Sandler O’Neill on Friday, February 2. The firm earned “Buy” rating on Thursday, April 12 by Sandler O’Neill. The firm has “Market Outperform” rating given on Friday, April 27 by JMP Securities. Nomura downgraded the shares of LAZ in report on Thursday, January 5 to “Neutral” rating. Buckingham Research maintained Lazard Ltd (NYSE:LAZ) rating on Friday, October 26. Buckingham Research has “Neutral” rating and $52 target. The rating was upgraded by Nomura on Wednesday, January 3 to “Buy”. The company was upgraded on Monday, October 5 by Susquehanna. The rating was maintained by Argus Research on Thursday, October 22 with “Buy”.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.09, from 0.96 in 2018Q2. It dropped, as 31 investors sold LAZ shares while 99 reduced holdings. 40 funds opened positions while 73 raised stakes. 87.49 million shares or 1.03% more from 86.60 million shares in 2018Q2 were reported. Moreover, Callahan Advsr Ltd Com has 0.54% invested in Lazard Ltd (NYSE:LAZ) for 60,555 shares. Ariel Investments Ltd Llc invested 2.42% in Lazard Ltd (NYSE:LAZ). Mogy Joel R Inv Counsel holds 0.12% or 18,070 shares in its portfolio. Renaissance Tech Ltd Liability owns 124,200 shares or 0.01% of their US portfolio. The Massachusetts-based Middleton & Co Ma has invested 0.14% in Lazard Ltd (NYSE:LAZ). Asset Management One accumulated 5,300 shares. Shine Investment Advisory Svcs stated it has 0.01% in Lazard Ltd (NYSE:LAZ). King Wealth has invested 0.07% of its portfolio in Lazard Ltd (NYSE:LAZ). Groesbeck Investment Nj stated it has 2.26% in Lazard Ltd (NYSE:LAZ). Martingale Asset Management LP has invested 0.01% in Lazard Ltd (NYSE:LAZ). Comerica National Bank holds 11,909 shares. Amalgamated Comml Bank owns 0.02% invested in Lazard Ltd (NYSE:LAZ) for 16,424 shares. Dimensional Fund Advsr LP owns 826,303 shares. Heritage Wealth Advsrs invested in 200 shares or 0% of the stock. Bar Harbor Tru Svcs has invested 2.58% in Lazard Ltd (NYSE:LAZ).

Summit Financial Wealth Advisors Llc, which manages about $360.13 million and $334.55 million US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 18,537 shares to 17,284 shares, valued at $1.84 million in 2018Q3, according to the filing. It also reduced its holding in Nuveen Mun Value Fd Inc (NUV) by 165,179 shares in the quarter, leaving it with 57,292 shares, and cut its stake in Berkshire Hathaway Inc Del (BRKB).

More notable recent The Interpublic Group of Companies, Inc. (NYSE:IPG) news were published by: Globenewswire.com which released: “IPG to Host National Day of Understanding Focused on Issues of Race, Ethnicity and Inclusion – GlobeNewswire” on December 07, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: BofA, Caterpillar, Chevron, CSX, Kimberly-Clark, Nautilus, Netflix, Signet, Valero and More – 24/7 Wall St.” published on January 18, 2019, Seekingalpha.com published: “Interpublic Group +2.8% after beat driven by broad growth – Seeking Alpha” on October 19, 2018. More interesting news about The Interpublic Group of Companies, Inc. (NYSE:IPG) were released by: Seekingalpha.com and their article: “Interpublic Group of Companies Inc. (IPG) CEO Michael Roth on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 13, 2019 as well as Bizjournals.com‘s news article titled: “Harley-Davidson reportedly reviewing creative marketing agencies – Milwaukee Business Journal” with publication date: January 16, 2019.

Johnson Financial Group Inc, which manages about $8.40 billion and $980.30 million US Long portfolio, decreased its stake in Fidelity Natl Information Svcs (NYSE:FIS) by 3,594 shares to 39,671 shares, valued at $4.33M in 2018Q3, according to the filing. It also reduced its holding in Ch Robinson Worldwide Inc (NASDAQ:CHRW) by 8,326 shares in the quarter, leaving it with 84 shares, and cut its stake in American Tower Corp Reit (NYSE:AMT).

Since August 21, 2018, it had 0 insider purchases, and 3 selling transactions for $1.44 million activity. $117,504 worth of stock was sold by GREENIAUS H JOHN on Wednesday, October 31. Shares for $203,001 were sold by Carter-Miller Jocelyn on Monday, November 5.

Investors sentiment increased to 0.99 in Q3 2018. Its up 0.17, from 0.82 in 2018Q2. It increased, as 21 investors sold IPG shares while 150 reduced holdings. 57 funds opened positions while 113 raised stakes. 373.56 million shares or 0.04% less from 373.72 million shares in 2018Q2 were reported. Franklin Resource Inc reported 27,770 shares. 160,991 are held by Pggm Invs. Stephens Ar holds 187,745 shares or 0.11% of its portfolio. Mackay Shields Llc holds 61,212 shares or 0.01% of its portfolio. New York State Common Retirement Fund reported 955,905 shares. 43,700 were accumulated by Dnb Asset Mngmt As. West Oak Cap Limited Liability holds 0% of its portfolio in The Interpublic Group of Companies, Inc. (NYSE:IPG) for 1,760 shares. Hartford Inv Mngmt has invested 0.03% in The Interpublic Group of Companies, Inc. (NYSE:IPG). Nomura reported 9,381 shares. Quantbot Techs LP owns 18,897 shares. Pictet Asset Management Ltd reported 264,280 shares. 1,053 were accumulated by Sun Life Fincl. Gsa Capital Partners Ltd Liability Partnership reported 58,228 shares. Assetmark Inc holds 0% in The Interpublic Group of Companies, Inc. (NYSE:IPG) or 42 shares. Qs Invsts Lc reported 9,309 shares or 0% of all its holdings.

The Interpublic Group of Companies, Inc. (NYSE:IPG) Institutional Positions Chart