Two Sigma Investments LP lessened its position in shares of Oppenheimer Holdings Inc. (NYSE:OPY - Free Report) by 25.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,977 shares of the financial services provider's stock after selling 14,385 shares during the period. Two Sigma Investments LP owned about 0.42% of Oppenheimer worth $2,754,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in Oppenheimer during the fourth quarter worth approximately $87,000. Jump Financial LLC purchased a new stake in Oppenheimer in the fourth quarter valued at $205,000. Susquehanna Fundamental Investments LLC acquired a new position in Oppenheimer in the fourth quarter valued at $222,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Oppenheimer during the fourth quarter worth about $224,000. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of Oppenheimer during the fourth quarter worth about $227,000. Institutional investors and hedge funds own 32.26% of the company's stock.
Oppenheimer Stock Performance
Shares of NYSE OPY traded down $1.39 during trading hours on Wednesday, reaching $62.12. The stock had a trading volume of 6,761 shares, compared to its average volume of 36,880. The firm has a 50-day moving average of $59.55 and a 200-day moving average of $62.58. The firm has a market cap of $653.81 million, a price-to-earnings ratio of 9.75 and a beta of 1.20. The company has a current ratio of 1.29, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. Oppenheimer Holdings Inc. has a fifty-two week low of $44.59 and a fifty-two week high of $73.12.
Oppenheimer (NYSE:OPY - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The financial services provider reported $2.72 earnings per share for the quarter. Oppenheimer had a net margin of 5.00% and a return on equity of 8.76%. The firm had revenue of $367.83 million during the quarter.
Oppenheimer Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Friday, May 9th. Oppenheimer's payout ratio is 10.71%.
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.
Read More
Before you consider Oppenheimer, 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 Oppenheimer wasn't on the list.
While Oppenheimer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
