Lazard Emerging Markets Equity Portfolio (LZOEX)
Lazard Emerging Markets Equity Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $33.31, up 0.36% on the session, giving a market capitalisation of $20.56B. On trailing twelve-month figures it carries a trailing P/E of 10.96, a net margin of 746.6%. Its beta of 0.91 implies it has historically moved less than the broad market.
The Lazard Emerging Markets Equity Portfolio primarily allocates its capital to equity holdings, specifically common shares, of businesses operating predominantly in developing economies outside the U.S. The Investment Manager targets companies believed to be trading below their intrinsic worth, a determination made through analysis of their profitability, cash generation, or underlying asset values. Typically, at least 80% of the fund's assets are dedicated to equity securities of companies with substantial operations in emerging market countries during normal market conditions.
Lazard Emerging Markets Equity Portfolio is most often compared with the following Financial Services names: