Shares of Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $54.51 and traded as high as $65.70. Oppenheimer shares last traded at $64.45, with a volume of 13,264 shares changing hands.
Oppenheimer Trading Down 1.3 %
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 business's 50 day moving average price is $62.16 and its 200-day moving average price is $54.64. The company has a market cap of $657.09 million, a price-to-earnings ratio of 9.89 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 for the quarter. Oppenheimer had a return on equity of 9.50% and a net margin of 5.27%. The company had revenue of $373.35 million for the quarter.
Oppenheimer Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.13%. Oppenheimer's payout ratio is presently 11.20%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. American Century Companies Inc. raised its position in Oppenheimer by 35.3% in the 2nd quarter. American Century Companies Inc. now owns 124,449 shares of the financial services provider's stock valued at $5,962,000 after purchasing an additional 32,444 shares during the last quarter. TCW Group Inc. grew its holdings in Oppenheimer by 53.2% during the 3rd quarter. TCW Group Inc. now owns 76,600 shares of the financial services provider's stock worth $3,919,000 after acquiring an additional 26,600 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in Oppenheimer in the 2nd quarter valued at about $1,197,000. JPMorgan Chase & Co. raised its stake in shares of Oppenheimer by 403.6% in the third quarter. JPMorgan Chase & Co. now owns 17,153 shares of the financial services provider's stock worth $878,000 after acquiring an additional 13,747 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of 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 purchasing an additional 10,433 shares in the last quarter. Institutional investors own 32.26% of the company's stock.
About Oppenheimer
(
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.
Further Reading
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