Siebert Financial (NASDAQ:SIEB - Get Free Report) was downgraded by analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued on Sunday.
Siebert Financial Price Performance
SIEB opened at $4.55 on Friday. Siebert Financial has a 1 year low of $1.41 and a 1 year high of $5.77. The firm has a market capitalization of $183.87 million, a PE ratio of 17.50 and a beta of 0.67. 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 business's 50-day moving average is $4.07 and its two-hundred day moving average is $3.27.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.22 EPS for the quarter. Siebert Financial had a return on equity of 13.92% and a net margin of 12.83%. The firm had revenue of $28.92 million during the quarter.
Institutional Investors Weigh In On Siebert Financial
Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Siebert Financial during the 4th quarter worth approximately $37,000. Renaissance Technologies LLC increased its stake in shares of Siebert Financial by 275.0% in the fourth 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 during the period. Northern Trust Corp boosted its holdings in 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 boosted its holdings 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 worth $685,000 after acquiring an additional 10,053 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.
Further Reading
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