Siebert Financial (NASDAQ:SIEB - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "buy" rating in a report released on Friday.
Siebert Financial Price Performance
SIEB traded down $0.01 during midday trading on Friday, hitting $5.36. The company had a trading volume of 79,819 shares, compared to its average volume of 39,144. Siebert Financial has a twelve month low of $1.41 and a twelve month high of $5.77. The company has a market capitalization of $216.60 million, a PE ratio of 20.62 and a beta of 0.50. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.13 and a current ratio of 1.13. The firm's 50-day simple moving average is $3.65 and its 200-day simple moving average is $3.12.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.22 earnings per share for the quarter. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%. The business had revenue of $28.92 million during the quarter.
Hedge Funds Weigh In On Siebert Financial
Large investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its position in Siebert Financial by 40.9% during the 1st quarter. Jane Street Group LLC now owns 16,443 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 4,775 shares during the period. Northern Trust Corp grew its position in shares of Siebert Financial by 15.1% during the 4th 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. Renaissance Technologies LLC raised its stake in shares of Siebert Financial by 275.0% during the fourth quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider's stock worth $123,000 after buying an additional 28,600 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Siebert Financial by 4.9% in the fourth 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 period. Institutional investors and hedge funds 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.
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