6 hours Ago By Defense World Staff
Piper Sandler Companies ( NYSE:PIPR – Free Report ) had its target price upped by The Goldman Sachs Group from $298.00 to $330.00 in a research note published on Monday morning, Benzinga reports.
The firm currently has a neutral rating on the financial services provider’s stock. PIPR has been the topic of a number of other research reports. StockNews.
com lowered shares of Piper Sandler Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. JMP Securities reaffirmed a “market perform” rating on shares of Piper Sandler Companies in a research report on Monday. View Our Latest Stock Report on PIPR Piper Sandler Companies Trading Up 1.
0 % Piper Sandler Companies ( NYSE:PIPR – Get Free Report ) last released its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.80 EPS for the quarter, topping 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 previous year, the business earned $4.
03 earnings per share. As a group, sell-side analysts predict that Piper Sandler Companies will post 13.47 EPS for the current fiscal year.
Piper Sandler Companies Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be paid a $0.65 dividend.
The ex-dividend date is Tuesday, March 4th. This represents a $2.60 annualized dividend and a dividend yield of 0.
81%. Piper Sandler Companies’s dividend payout ratio (DPR) is presently 25.44%.
Institutional Inflows and Outflows Several hedge funds have recently made changes to their positions in the business. FMR LLC raised its stake in Piper Sandler Companies by 49.0% in the third quarter.
FMR LLC now owns 625,048 shares of the financial services provider’s stock valued at $177,395,000 after purchasing an additional 205,584 shares in the last quarter. Fred Alger Management LLC bought a new position in Piper Sandler Companies in the 3rd quarter valued at about $14,645,000. Barclays PLC raised its position in shares of Piper Sandler Companies by 307.
2% in the 3rd quarter. Barclays PLC now owns 32,328 shares of the financial services provider’s stock valued at $9,174,000 after buying an additional 24,388 shares in the last quarter. Philadelphia Financial Management of San Francisco LLC bought a new stake in shares of Piper Sandler Companies during the 3rd quarter worth approximately $6,106,000.
Finally, Van ECK Associates Corp acquired a new stake in shares of Piper Sandler Companies during the 4th quarter worth approximately $4,275,000. 72.79% of the stock is owned by institutional investors.
About Piper Sandler Companies ( Get 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. Featured Articles Five stocks we like better than Piper Sandler Companies How to Read Stock Charts for Beginners Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential Growth Investing: Should You Adopt This Investing Strategy in 2022? Goldman Sachs vs.
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