1 week Ago By Defense World Staff
Norges Bank bought a new stake in shares of Oppenheimer Holdings Inc. (NYSE:OPY – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 5,100 shares of the financial services provider’s stock, valued at approximately $327,000.
A number of other hedge funds have also recently bought and sold shares of the stock. FMR LLC raised its position in shares of Oppenheimer by 26.3% during the third quarter.
FMR LLC now owns 12,077 shares of the financial services provider’s stock valued at $618,000 after buying an additional 2,512 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Oppenheimer by 3,146.5% during the third quarter.
BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider’s stock valued at $164,000 after acquiring an additional 3,115 shares during the period. Jane Street Group LLC acquired a new position in Oppenheimer in the 3rd quarter valued at approximately $319,000. XTX Topco Ltd bought a new stake in shares of Oppenheimer in the 3rd quarter worth approximately $407,000.
Finally, JPMorgan Chase & Co. grew its holdings in shares of Oppenheimer by 403.6% during the 3rd quarter.
JPMorgan Chase & Co. now owns 17,153 shares of the financial services provider’s stock worth $878,000 after purchasing an additional 13,747 shares in the last quarter. 32.
26% of the stock is owned by institutional investors. Oppenheimer Price PerformanceNYSE:OPY opened at $53.39 on Friday.
The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.
29. The company has a 50-day moving average of $61.05 and a 200-day moving average of $60.
60. Oppenheimer Holdings Inc. has a 52 week low of $36.
93 and a 52 week high of $73.12. The company has a market capitalization of $561.
88 million, a price-to-earnings ratio of 8.38 and a beta of 1.10.
Oppenheimer (NYSE:OPY – Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.92 earnings per share (EPS) for the quarter.
Oppenheimer had a net margin of 5.00% and a return on equity of 8.76%.
Oppenheimer Announces DividendThe business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.18 dividend.
This represents a $0.72 annualized dividend and a yield of 1.35%.
The ex-dividend date of this dividend was Friday, February 14th. Oppenheimer’s dividend payout ratio is 11.30%.
Analyst Ratings ChangesSeparately, StockNews.com cut Oppenheimer from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 3rd.Check Out Our Latest Research Report on OPYAbout 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 MoreFive stocks we like better than OppenheimerHow to Buy Gold Stock and Invest in GoldRobinhood Strategies Could Be a Game-Changer for Young InvestorsWhat Are Earnings Reports?Are These 3 Retail Stocks Oversold or Really in Trouble?Following Congress Stock TradesIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
