Siebert Financial (NASDAQ:SIEB - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Saturday.
Siebert Financial Stock Down 1.1%
Siebert Financial stock opened at $5.23 on Friday. The firm has a market capitalization of $211.34 million, a PE ratio of 20.12 and a beta of 0.50. The company's 50-day moving average is $3.84 and its 200-day moving average is $3.19. Siebert Financial has a fifty-two week low of $1.41 and a fifty-two week high of $5.77. 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 released its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.22 earnings per share for the quarter. The company had revenue of $28.92 million for the quarter. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Northern Trust Corp grew its stake in Siebert Financial by 15.1% in the 4th quarter. Northern Trust Corp now owns 40,583 shares of the financial services provider's stock valued at $128,000 after buying an additional 5,323 shares during the last quarter. Renaissance Technologies LLC grew its stake in Siebert Financial by 275.0% in 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 during the last quarter. Geode Capital Management LLC grew its stake in 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 buying an additional 10,053 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in Siebert Financial by 40.9% in the 1st quarter. Jane Street Group LLC now owns 16,443 shares of the financial services provider's stock valued at $49,000 after buying an additional 4,775 shares during the last quarter. 1.52% of the stock is currently owned by institutional investors and hedge funds.
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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