Oppenheimer Holdings Inc. (NYSE:OPY) Short Interest Update

Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 24,800 shares, a drop of 13.6% from the November 30th total of 28,700 shares. Currently, 0.4% of the company's shares are short sold. Based on an average daily volume of 30,300 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Oppenheimer

A number of large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its holdings in shares of Oppenheimer by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 27,241 shares of the financial services provider's stock worth $1,305,000 after buying an additional 297 shares in the last quarter. Victory Capital Management Inc. acquired a new position in shares of Oppenheimer during the 2nd quarter valued at $1,197,000. Acadian Asset Management LLC boosted its stake in Oppenheimer by 74.8% during the second quarter. Acadian Asset Management LLC now owns 24,387 shares of the financial services provider's stock worth $1,167,000 after acquiring an additional 10,433 shares in the last quarter. American Century Companies Inc. grew its holdings in Oppenheimer by 35.3% in the second quarter. American Century Companies Inc. now owns 124,449 shares of the financial services provider's stock worth $5,962,000 after purchasing an additional 32,444 shares during the period. Finally, Beverly Hills Private Wealth LLC increased its stake in Oppenheimer by 55.6% in the second quarter. Beverly Hills Private Wealth LLC now owns 19,850 shares of the financial services provider's stock valued at $951,000 after purchasing an additional 7,094 shares in the last quarter. 32.26% of the stock is currently owned by institutional investors and hedge funds.

Oppenheimer Trading Up 0.5 %

Shares of OPY traded up $0.32 during mid-day trading on Monday, reaching $64.85. 21,396 shares of the company were exchanged, compared to its average volume of 36,395. The business has a 50 day simple moving average of $60.42 and a two-hundred day simple moving average of $53.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.29. The stock has a market capitalization of $669.97 million, a PE ratio of 10.09 and a beta of 1.14. Oppenheimer has a 52 week low of $36.93 and a 52 week high of $70.25.

Oppenheimer (NYSE:OPY - Get Free Report) last released its quarterly earnings results on Friday, October 25th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter. The firm had revenue of $373.35 million during the quarter. Oppenheimer had a net margin of 5.27% and a return on equity of 9.50%.

Oppenheimer Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were issued a $0.18 dividend. The ex-dividend date was Friday, November 8th. This represents a $0.72 annualized dividend and a yield of 1.11%. Oppenheimer's payout ratio is 11.20%.

Oppenheimer Company Profile

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.