Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $59.16 and last traded at $58.67, with a volume of 22051 shares trading hands. The stock had previously closed at $57.88.
Oppenheimer Stock Up 1.7 %
The company has a debt-to-equity ratio of 0.13, a current ratio of 1.29 and a quick ratio of 0.79. The stock has a market capitalization of $607.82 million, a PE ratio of 9.15 and a beta of 1.14. The company has a 50 day moving average price of $50.86 and a 200-day moving average price of $48.41.
Oppenheimer (NYSE:OPY - Get Free Report) last posted its quarterly earnings data on Friday, October 25th. The financial services provider reported $2.16 EPS for the quarter. The business had revenue of $373.35 million for the quarter. Oppenheimer had a net margin of 5.27% and a return on equity of 9.50%.
Oppenheimer Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 8th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.72 dividend on an annualized basis and a yield of 1.22%. Oppenheimer's dividend payout ratio is currently 11.20%.
Hedge Funds Weigh In On Oppenheimer
A number of hedge funds have recently modified their holdings of the company. Innealta Capital LLC bought a new position in Oppenheimer during the second quarter valued at $56,000. Bank of Montreal Can bought a new position in Oppenheimer during the 2nd quarter worth about $367,000. Inspire Investing LLC bought a new stake in shares of Oppenheimer in the 3rd quarter valued at about $414,000. Marshall Wace LLP boosted its holdings in shares of Oppenheimer by 141.1% in the 2nd quarter. Marshall Wace LLP now owns 14,736 shares of the financial services provider's stock valued at $706,000 after buying an additional 8,623 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC boosted its holdings in shares of Oppenheimer by 55.6% in the 2nd quarter. Beverly Hills Private Wealth LLC now owns 19,850 shares of the financial services provider's stock valued at $951,000 after buying an additional 7,094 shares in the last quarter. 32.26% of the stock is currently owned by institutional investors.
Oppenheimer Company Profile
(
Get 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
Before you consider Oppenheimer, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oppenheimer wasn't on the list.
While Oppenheimer currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
