1 week Ago By ABMN Staff
Pictet Asset Management Holding SA lifted its holdings in shares of Piper Sandler Companies ( NYSE:PIPR – Free Report ) by 22.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,761 shares of the financial services provider’s stock after acquiring an additional 509 shares during the quarter.
Pictet Asset Management Holding SA’s holdings in Piper Sandler Companies were worth $828,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its stake in shares of Piper Sandler Companies by 2,183.
3% during the fourth quarter. IFP Advisors Inc now owns 137 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 131 shares in the last quarter. West Oak Capital LLC raised its holdings in shares of Piper Sandler Companies by 650.
0% during the 4th quarter. West Oak Capital LLC now owns 1,500 shares of the financial services provider’s stock valued at $45,000 after buying an additional 1,300 shares during the period. Allworth Financial LP lifted its position in Piper Sandler Companies by 238.
8% during the 4th quarter. Allworth Financial LP now owns 227 shares of the financial services provider’s stock worth $70,000 after acquiring an additional 160 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Piper Sandler Companies by 27.
6% in the 4th quarter. GAMMA Investing LLC now owns 277 shares of the financial services provider’s stock worth $83,000 after acquiring an additional 60 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in Piper Sandler Companies by 336.
1% in the fourth quarter. Smartleaf Asset Management LLC now owns 314 shares of the financial services provider’s stock valued at $94,000 after acquiring an additional 242 shares in the last quarter. 72.
79% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes Several brokerages have recently weighed in on PIPR. StockNews.
com downgraded shares of Piper Sandler Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. JMP Securities reissued a “market perform” rating on shares of Piper Sandler Companies in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group dropped their target price on Piper Sandler Companies from $321.
00 to $286.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Piper Sandler Companies Trading Down 1.
9 % Piper Sandler Companies stock opened at $212.92 on Tuesday. Piper Sandler Companies has a 52 week low of $183.
58 and a 52 week high of $351.80. The stock has a market cap of $3.
78 billion, a P/E ratio of 20.83 and a beta of 1.38.
The stock has a 50 day moving average of $251.66 and a 200-day moving average of $283.64.
Piper Sandler Companies ( NYSE:PIPR – Get Free Report ) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.80 EPS for the quarter, beating analysts’ consensus estimates of $3.
99 by $0.81. Piper Sandler Companies had a net margin of 11.
87% and a return on equity of 17.00%. During the same quarter in the prior year, the business posted $4.
03 EPS. As a group, equities analysts predict that Piper Sandler Companies will post 14.14 earnings per share for the current fiscal year.
Piper Sandler Companies Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Tuesday, March 4th were paid a $0.65 dividend.
The ex-dividend date was Tuesday, March 4th. This represents a $2.60 dividend on an annualized basis and a yield of 1.
22%. Piper Sandler Companies’s dividend payout ratio (DPR) is 25.44%.
Piper Sandler Companies Company Profile ( Free Report ) Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services and institutional sales, trading, and research services for various equity and fixed income products; advisory services, such as mergers and acquisitions, equity and debt private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. Recommended Stories Want to see what other hedge funds are holding PIPR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Piper Sandler Companies ( NYSE:PIPR – Free Report ). Receive News & Ratings for Piper Sandler Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Piper Sandler Companies and related companies with MarketBeat.com's FREE daily email newsletter .
.
