Stock analysts at StockNews.com assumed coverage on shares of Siebert Financial (NASDAQ:SIEB - Get Free Report) in a research note issued on Sunday. The firm set a "hold" rating on the financial services provider's stock.
Siebert Financial Price Performance
SIEB stock traded up $0.01 during midday trading on Friday, reaching $3.44. 79,485 shares of the company's stock traded hands, compared to its average volume of 28,458. The company has a 50-day simple moving average of $2.84 and a two-hundred day simple moving average of $2.84. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.05. Siebert Financial has a 1-year low of $1.41 and a 1-year high of $3.77. The company has a market cap of $139.09 million, a price-to-earnings ratio of 13.23 and a beta of 0.30.
Siebert Financial (NASDAQ:SIEB - Get Free Report) last released its quarterly earnings results on Monday, March 31st. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $20.02 million during the quarter. Siebert Financial had a return on equity of 13.92% and a net margin of 12.83%.
Institutional Trading of Siebert Financial
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its position 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 valued at $523,000 after buying an additional 85,456 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Siebert Financial during the fourth quarter valued at $37,000. Northern Trust Corp lifted its stake 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 acquiring an additional 5,323 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in Siebert Financial by 275.0% in the fourth quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider's stock valued at $123,000 after acquiring an additional 28,600 shares during the last quarter. 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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