Tudor Investment Corp ET AL Buys 82,364 Shares of Perella Weinberg Partners (NASDAQ:PWP)

Tudor Investment Corp ET AL grew its position in shares of Perella Weinberg Partners (NASDAQ:PWP - Free Report) by 67.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,598 shares of the company's stock after purchasing an additional 82,364 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.23% of Perella Weinberg Partners worth $4,878,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Quadrant Capital Group LLC raised its position in Perella Weinberg Partners by 43.9% in the 4th quarter. Quadrant Capital Group LLC now owns 1,540 shares of the company's stock valued at $37,000 after purchasing an additional 470 shares in the last quarter. US Bancorp DE grew its position in Perella Weinberg Partners by 4.4% during the 4th quarter. US Bancorp DE now owns 17,602 shares of the company's stock worth $420,000 after purchasing an additional 746 shares during the last quarter. Rhumbline Advisers raised its stake in Perella Weinberg Partners by 1.2% during the 4th quarter. Rhumbline Advisers now owns 70,861 shares of the company's stock valued at $1,689,000 after acquiring an additional 854 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Perella Weinberg Partners by 0.9% during the fourth quarter. Swiss National Bank now owns 100,000 shares of the company's stock worth $2,384,000 after purchasing an additional 900 shares during the period. Finally, Barclays PLC boosted its holdings in shares of Perella Weinberg Partners by 0.8% in the third quarter. Barclays PLC now owns 186,387 shares of the company's stock valued at $3,600,000 after acquiring an additional 1,517 shares in the last quarter. 41.07% of the stock is currently owned by institutional investors and hedge funds.

Perella Weinberg Partners Price Performance

Shares of NASDAQ:PWP traded down $0.23 on Tuesday, reaching $16.72. 596,340 shares of the company traded hands, compared to its average volume of 608,088. The company's 50 day moving average is $18.19 and its 200-day moving average is $22.04. The stock has a market capitalization of $1.45 billion, a PE ratio of -10.58 and a beta of 1.69. Perella Weinberg Partners has a fifty-two week low of $13.82 and a fifty-two week high of $27.03.

Perella Weinberg Partners (NASDAQ:PWP - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.07. Perella Weinberg Partners had a negative return on equity of 72.27% and a negative net margin of 7.37%. The firm had revenue of $211.83 million for the quarter, compared to the consensus estimate of $200.29 million. During the same quarter in the previous year, the company posted ($0.10) earnings per share.

Perella Weinberg Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 14th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Wednesday, May 14th. Perella Weinberg Partners's payout ratio is presently -65.12%.

Analyst Upgrades and Downgrades

PWP has been the topic of several research analyst reports. JMP Securities decreased their price target on Perella Weinberg Partners from $33.00 to $29.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. The Goldman Sachs Group cut their price target on shares of Perella Weinberg Partners from $20.00 to $18.00 and set a "sell" rating on the stock in a research note on Wednesday, April 2nd. Finally, Keefe, Bruyette & Woods increased their target price on shares of Perella Weinberg Partners from $27.00 to $29.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th.

About Perella Weinberg Partners

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries.