StockNews.com started coverage on shares of Siebert Financial (NASDAQ:SIEB - Free Report) in a report issued on Friday morning. The brokerage issued a hold rating on the financial services provider's stock.
Siebert Financial Price Performance
Shares of Siebert Financial stock traded down $0.05 during trading on Friday, hitting $2.95. The stock had a trading volume of 269 shares, compared to its average volume of 24,942. The business has a fifty day moving average of $2.68 and a two-hundred day moving average of $2.76. Siebert Financial has a fifty-two week low of $1.41 and a fifty-two week high of $3.34. The firm has a market cap of $119.28 million, a P/E ratio of 11.35 and a beta of 0.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The financial services provider reported $0.04 earnings per share for the quarter. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%. The company had revenue of $20.02 million during the quarter.
Hedge Funds Weigh In On Siebert Financial
Institutional investors have recently bought and sold shares of the stock. Northern Trust Corp boosted its holdings in shares of Siebert Financial by 15.1% in the fourth quarter. Northern Trust Corp now owns 40,583 shares of the financial services provider's stock worth $128,000 after buying an additional 5,323 shares during the period. Geode Capital Management LLC lifted its position in shares of Siebert Financial by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 216,841 shares of the financial services provider's stock valued at $685,000 after acquiring an additional 10,053 shares in the last quarter. Jane Street Group LLC acquired a new position in Siebert Financial in the 4th quarter worth approximately $37,000. Finally, Renaissance Technologies LLC grew its position in Siebert Financial by 275.0% during the 4th quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider's stock worth $123,000 after purchasing an additional 28,600 shares in the last quarter. Hedge funds and other institutional investors own 1.52% of the company's stock.
Siebert Financial Company Profile
(
Get Free Report)
Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.
See Also
Before you consider Siebert Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Siebert Financial wasn't on the list.
While Siebert Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
