Investment analysts at StockNews.com assumed coverage on shares of Siebert Financial (NASDAQ:SIEB - Get Free Report) in a report issued on Sunday. The firm set a "hold" rating on the financial services provider's stock.
Siebert Financial Stock Performance
Shares of SIEB traded down $0.03 during mid-day trading on Friday, hitting $3.42. The stock had a trading volume of 60,333 shares, compared to its average volume of 28,034. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $138.28 million, a P/E ratio of 13.15 and a beta of 0.30. Siebert Financial has a 52 week low of $1.41 and a 52 week high of $3.85. The business has a fifty day moving average price of $2.81 and a 200-day moving average price of $2.84.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last announced its earnings results on Monday, March 31st. The financial services provider reported $0.04 earnings per share (EPS) 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.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in Siebert Financial during the fourth quarter valued at $37,000. Renaissance Technologies LLC grew its holdings 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 valued at $123,000 after buying an additional 28,600 shares in the last quarter. Northern Trust Corp grew its position in shares of Siebert Financial by 15.1% during the fourth quarter. Northern Trust Corp now owns 40,583 shares of the financial services provider's stock valued at $128,000 after purchasing an additional 5,323 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Siebert Financial by 70.4% in the 3rd quarter. Geode Capital Management LLC now owns 206,788 shares of the financial services provider's stock worth $523,000 after acquiring an additional 85,456 shares during the last quarter. 1.52% of the stock is owned by institutional investors.
About Siebert Financial
(
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.
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