Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $49.36 and traded as high as $62.27. Oppenheimer shares last traded at $61.51, with a volume of 25,552 shares traded.
Oppenheimer Price Performance
The firm's 50-day moving average is $51.88 and its 200-day moving average is $49.36. The company has a quick ratio of 0.80, a current ratio of 1.29 and a debt-to-equity ratio of 0.13. The company has a market cap of $622.28 million, a PE ratio of 9.45 and a beta of 1.14.
Oppenheimer (NYSE:OPY - Get Free Report) last released its quarterly earnings data on Friday, October 25th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter. Oppenheimer had a return on equity of 9.50% and a net margin of 5.27%. The business had revenue of $373.35 million for the quarter.
Oppenheimer Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, November 8th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.20%. The ex-dividend date is Friday, November 8th. Oppenheimer's dividend payout ratio is presently 11.20%.
Hedge Funds Weigh In On Oppenheimer
A number of institutional investors have recently modified their holdings of OPY. Innealta Capital LLC acquired a new position in Oppenheimer in the 2nd quarter worth approximately $56,000. Quest Partners LLC lifted its holdings in Oppenheimer by 140.1% during the third quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider's stock valued at $208,000 after purchasing an additional 2,375 shares in the last quarter. Bank of Montreal Can purchased a new stake in shares of Oppenheimer during the second quarter worth about $367,000. Inspire Investing LLC purchased a new position in Oppenheimer in the 3rd quarter valued at about $414,000. Finally, Marshall Wace LLP increased its stake in Oppenheimer by 141.1% during the 2nd quarter. Marshall Wace LLP now owns 14,736 shares of the financial services provider's stock worth $706,000 after buying an additional 8,623 shares in the last quarter. 32.26% of the stock is owned by hedge funds and other 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.
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