Shares of Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $59.58 and traded as high as $59.99. Oppenheimer shares last traded at $59.99, with a volume of 20,341 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Oppenheimer from a "strong-buy" rating to a "buy" rating in a research report on Monday, February 3rd.
Read Our Latest Stock Analysis on Oppenheimer
Oppenheimer Trading Up 0.2 %
The firm has a market cap of $631.12 million, a P/E ratio of 9.41 and a beta of 1.12. 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 firm's 50-day simple moving average is $65.52 and its 200 day simple moving average is $59.74.
Oppenheimer (NYSE:OPY - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.92 EPS for the quarter. Oppenheimer had a net margin of 5.00% and a return on equity of 8.76%.
Oppenheimer Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Friday, February 14th. Oppenheimer's dividend payout ratio (DPR) is currently 11.30%.
Institutional Trading of Oppenheimer
Hedge funds and other institutional investors have recently modified their holdings of the business. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Oppenheimer in the fourth quarter valued at approximately $77,000. Tower Research Capital LLC TRC bought a new stake in shares of Oppenheimer in the fourth quarter valued at approximately $87,000. BNP Paribas Financial Markets raised its position in shares of Oppenheimer by 3,146.5% in the third quarter. BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider's stock valued at $164,000 after purchasing an additional 3,115 shares during the period. Jump Financial LLC bought a new stake in shares of Oppenheimer in the fourth quarter valued at approximately $205,000. Finally, Quest Partners LLC increased its holdings in Oppenheimer by 140.1% during the 3rd quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider's stock worth $208,000 after acquiring an additional 2,375 shares during the period. Institutional investors own 32.26% of the company's stock.
About Oppenheimer
(
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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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