5 Stocks to Buy According to Mason Hawkins’ Southeastern Asset Management

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In this article, we will discuss the top 5 stock picks of Mason Hawkins’ Southeastern Asset Management. If you want to read our comprehensive analysis of Hawkins’ investment strategy, history, and stock picks, go directly to 10 Stocks to Buy According to Mason Hawkins’ Southeastern Asset Management.

5. Lazard Ltd (NYSE:LAZ)

Southeastern Asset Management’s Stake Value: $268.16 million

Southeastern Asset Management’s 13F Portfolio: 5.08%

Number of Hedge Fund Holders: 18

Mason Hawkins owns 5.85 million Lazard shares at a value of $268.16 million. The New York-based company provides financial advisory and asset management services to its clients. For the third quarter, Lazard Ltd (NYSE:LAZ) posted EPS of $0.98, exceeding estimates by $0.03.

On December 8, Morgan Stanley analyst Manan Gosalia maintained an ‘Overweight’ rating on Lazard Ltd (NYSE:LAZ) shares, lowering the price target to $55 from $61. The company’s Q3 revenue of $702 million implied a 23% growth from Q3 2020 levels. Its financial advisory and asset management segments both delivered symmetrical performances, with reported revenues well above last two years’ levels.

Out of 867 elite hedge funds tracked by Insider Monkey, 18 disclosed ownership of stakes in Lazard Ltd (NYSE:LAZ) at the end of the third quarter.

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