StepStone Group LP (NASDAQ:STEP) Receives Consensus Recommendation of “Hold” from Analysts

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StepStone Group LP (NASDAQ:STEP – Get Free Report) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price [...]

StepStone Group LP ( NASDAQ:STEP – Get Free Report ) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $69.

21. A number of equities research analysts have recently weighed in on the stock. Oppenheimer lifted their price target on shares of StepStone Group from $81.



00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Barclays lifted their price objective on StepStone Group from $66.

00 to $69.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, Evercore ISI increased their target price on StepStone Group from $63.

00 to $69.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Get Our Latest Stock Report on StepStone Group Insider Activity Institutional Investors Weigh In On StepStone Group Several hedge funds have recently modified their holdings of STEP.

Steward Partners Investment Advisory LLC acquired a new position in StepStone Group in the 4th quarter worth about $27,000. Raleigh Capital Management Inc. acquired a new position in shares of StepStone Group in the fourth quarter valued at approximately $29,000.

IFP Advisors Inc acquired a new position in shares of StepStone Group in the fourth quarter valued at approximately $36,000. Versant Capital Management Inc bought a new position in StepStone Group in the 1st quarter valued at approximately $35,000. Finally, Amundi boosted its position in StepStone Group by 26.

7% during the 4th quarter. Amundi now owns 730 shares of the company’s stock worth $42,000 after buying an additional 154 shares during the period. Institutional investors and hedge funds own 55.

54% of the company’s stock. StepStone Group Stock Down 14.2 % Shares of StepStone Group stock opened at $47.

72 on Friday. The stock has a market capitalization of $5.53 billion, a price-to-earnings ratio of -28.

24 and a beta of 1.33. StepStone Group has a twelve month low of $34.

01 and a twelve month high of $70.38. The company has a 50-day simple moving average of $58.

04 and a two-hundred day simple moving average of $60.00. StepStone Group Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th.

Shareholders of record on Friday, February 28th were issued a $0.24 dividend. This represents a $0.

96 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Friday, February 28th.

StepStone Group’s dividend payout ratio is presently -56.80%. About StepStone Group ( Get Free Report StepStone Group Inc is a private equity and venture capital firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments.

For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. Read More Receive News & Ratings for StepStone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StepStone Group and related companies with MarketBeat.com's FREE daily email newsletter .

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