1 week Ago By ABMN Staff
Renaissance Technologies LLC cut its stake in Oppenheimer Holdings Inc. ( NYSE:OPY – Free Report ) by 51.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The firm owned 23,800 shares of the financial services provider’s stock after selling 25,300 shares during the period. Renaissance Technologies LLC owned about 0.23% of Oppenheimer worth $1,525,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the business. Empowered Funds LLC lifted its holdings in Oppenheimer by 4.9% during the 4th quarter.
Empowered Funds LLC now owns 34,511 shares of the financial services provider’s stock worth $2,212,000 after buying an additional 1,620 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Oppenheimer by 10.
4% during the 4th quarter. JPMorgan Chase & Co. now owns 18,940 shares of the financial services provider’s stock worth $1,214,000 after buying an additional 1,787 shares during the last quarter.
Profit Investment Management LLC lifted its holdings in Oppenheimer by 5.2% during the 4th quarter. Profit Investment Management LLC now owns 49,394 shares of the financial services provider’s stock worth $3,166,000 after buying an additional 2,445 shares during the last quarter.
TCW Group Inc. lifted its holdings in Oppenheimer by 3.5% during the 4th quarter.
TCW Group Inc. now owns 79,300 shares of the financial services provider’s stock worth $5,082,000 after buying an additional 2,700 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Oppenheimer by 3.
6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 90,566 shares of the financial services provider’s stock worth $5,804,000 after buying an additional 3,119 shares during the last quarter. 32.
26% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Separately, StockNews.com downgraded Oppenheimer from a “strong-buy” rating to a “buy” rating in a report on Monday, February 3rd.
Oppenheimer Stock Down 1.1 % OPY opened at $58.43 on Monday.
The business’s 50-day simple moving average is $59.28 and its 200-day simple moving average is $61.20.
The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.
29. Oppenheimer Holdings Inc. has a one year low of $39.
75 and a one year high of $73.12. The stock has a market capitalization of $614.
98 million, a P/E ratio of 9.17 and a beta of 1.10.
Oppenheimer ( NYSE:OPY – Get Free Report ) last posted its earnings results on Friday, April 25th. The financial services provider reported $2.72 EPS for the quarter.
Oppenheimer had a return on equity of 8.76% and a net margin of 5.00%.
The business had revenue of $367.83 million for the quarter. Oppenheimer Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, February 28th.
Investors of record on Friday, February 14th were given a $0.18 dividend. This represents a $0.
72 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Friday, February 14th.
Oppenheimer’s dividend payout ratio (DPR) is presently 11.30%. About Oppenheimer ( Free Report ) Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia.
The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services. Read More Receive News & Ratings for Oppenheimer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oppenheimer and related companies with MarketBeat.com's FREE daily email newsletter .
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