Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $53.51 and traded as high as $65.57. Oppenheimer shares last traded at $65.24, with a volume of 23,715 shares trading hands.
Oppenheimer Price Performance
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 has a market cap of $666.66 million, a PE ratio of 10.04 and a beta of 1.14. The stock has a 50 day moving average price of $60.42 and a two-hundred day moving average price of $53.63.
Oppenheimer (NYSE:OPY - Get Free Report) last released its earnings results on Friday, October 25th. The financial services provider reported $2.16 earnings per share for the quarter. The company 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 Dividend Announcement
The firm also recently declared 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 of this dividend was Friday, November 8th. This represents a $0.72 annualized dividend and a yield of 1.12%. Oppenheimer's dividend payout ratio (DPR) is presently 11.20%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Innealta Capital LLC purchased a new position in shares of Oppenheimer during the 2nd quarter valued at approximately $56,000. BNP Paribas Financial Markets grew its position in Oppenheimer by 3,146.5% during the third quarter. BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider's stock valued at $164,000 after buying an additional 3,115 shares during the period. Quest Partners LLC increased its holdings in Oppenheimer by 140.1% in the third quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider's stock valued at $208,000 after buying an additional 2,375 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Oppenheimer in the third quarter worth about $290,000. Finally, Jane Street Group LLC acquired a new position in shares of Oppenheimer in the third quarter worth about $319,000. 32.26% of the stock is currently owned by institutional investors and hedge funds.
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.
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