PDT Partners LLC bought a new position in shares of Oppenheimer Holdings Inc. (NYSE:OPY - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,078 shares of the financial services provider's stock, valued at approximately $464,000. PDT Partners LLC owned 0.09% of Oppenheimer at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Oppenheimer by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 284,885 shares of the financial services provider's stock worth $11,373,000 after purchasing an additional 12,525 shares during the period. TCW Group Inc. purchased a new position in shares of Oppenheimer in the 2nd quarter valued at $2,396,000. Bank of New York Mellon Corp boosted its position in 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 purchasing an additional 297 shares during the period. Innealta Capital LLC acquired a new stake in Oppenheimer in the 2nd quarter valued at $56,000. Finally, Victory Capital Management Inc. acquired a new position in shares of Oppenheimer during the second quarter worth about $1,197,000. 32.26% of the stock is currently owned by hedge funds and other institutional investors.
Oppenheimer Stock Down 3.0 %
Shares of OPY stock traded down $2.05 during trading hours on Wednesday, reaching $65.32. The company had a trading volume of 39,626 shares, compared to its average volume of 37,057. The company has a market capitalization of $674.70 million, a P/E ratio of 10.00 and a beta of 1.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.29. Oppenheimer Holdings Inc. has a twelve month low of $36.93 and a twelve month high of $70.25. The stock's fifty day simple moving average is $55.35 and its 200 day simple moving average is $51.47.
Oppenheimer (NYSE:OPY - Get Free Report) last posted its earnings results on Friday, October 25th. The financial services provider reported $2.16 EPS for the quarter. Oppenheimer had a net margin of 5.27% and a return on equity of 9.50%. The business had revenue of $373.35 million for the quarter.
Oppenheimer Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a dividend of $0.18 per share. The ex-dividend date was Friday, November 8th. This represents a $0.72 dividend on an annualized basis and a yield of 1.10%. Oppenheimer's dividend payout ratio (DPR) is presently 11.20%.
Oppenheimer Profile
(
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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