1 week Ago By ABMN Staff
Norges Bank acquired a new stake in Oppenheimer Holdings Inc. ( NYSE:OPY – Free Report ) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 5,100 shares of the financial services provider’s stock, valued at approximately $327,000.
Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Oppenheimer by 10.
4% during the fourth quarter. JPMorgan Chase & Co. now owns 18,940 shares of the financial services provider’s stock valued at $1,214,000 after purchasing an additional 1,787 shares during the last quarter.
Vanguard Group Inc. boosted its position in Oppenheimer by 5.7% in the 4th quarter.
Vanguard Group Inc. now owns 385,769 shares of the financial services provider’s stock valued at $24,724,000 after buying an additional 20,937 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Oppenheimer in the 4th quarter valued at $308,000.
American Century Companies Inc. raised its position in shares of Oppenheimer by 16.0% during the fourth quarter.
American Century Companies Inc. now owns 193,956 shares of the financial services provider’s stock worth $12,431,000 after acquiring an additional 26,686 shares during the last quarter. Finally, Boston Partners bought a new stake in shares of Oppenheimer during the fourth quarter worth $822,000.
32.26% of the stock is owned by institutional investors. Oppenheimer Stock Up 0.
8 % Shares of NYSE:OPY opened at $53.39 on Friday. The company has a debt-to-equity ratio of 0.
13, a current ratio of 1.29 and a quick ratio of 0.80.
The stock has a market cap of $561.88 million, a price-to-earnings ratio of 8.38 and a beta of 1.
10. 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 one year low of $36.
93 and a one year high of $73.12. Oppenheimer Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th.
Investors of record on Friday, February 14th were issued a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 14th.
This represents a $0.72 dividend on an annualized basis and a yield of 1.35%.
Oppenheimer’s dividend payout ratio is presently 11.30%. Analysts Set New Price Targets Separately, StockNews.
com lowered Oppenheimer from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 3rd. View Our Latest Stock Report on OPY Oppenheimer Profile ( 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 Want to see what other hedge funds are holding OPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oppenheimer Holdings Inc. ( NYSE:OPY – Free Report ).
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