LPL Financial Holdings Company Profile (NASDAQ:LPLA)

LPL Financial Holdings trades on the NASDAQ under the ticker symbol "LPLA."

LPL Financial Holdings declared a quarterly dividend on Friday, April 28th. Stockholders of record on Monday, May 15th will be paid a dividend of $0.25 per share on Thursday, May 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, May 11th. View LPL Financial Holdings' Dividend History.

LPL Financial Holdings Inc. (NASDAQ:LPLA) released its earnings results on Thursday, February, 9th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.10. The company earned $1.01 billion during the quarter, compared to analysts' expectations of $1.01 billion. LPL Financial Holdings had a return on equity of 25.04% and a net margin of 4.65%. LPL Financial Holdings's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.28 earnings per share. View LPL Financial Holdings' Earnings History.

9 analysts have issued twelve-month price targets for LPL Financial Holdings' shares. Their predictions range from $28.00 to $51.00. On average, they anticipate LPL Financial Holdings' stock price to reach $42.44 in the next year. View Analyst Ratings for LPL Financial Holdings.

Here are some recent quotes from research analysts about LPL Financial Holdings stock:

• 1. According to Zacks Investment Research, "LPL Financial Holdings Inc. is engaged in providing an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, general securities, alternative investments, retirement plans, fixed income, and insurance offerings. LPL Financial Holdings Inc., formerly known as LPL Investment Holdings Inc., is based in Boston, Massachusetts. " (7/4/2017)
• 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Hold rating following LPL's February metrics report, which featured strong brokerage and advisory asset growth. We have also increased our 2017/2018 EPS estimates to $2.43/$2.52 from $2.41/$2.47, respectively, to reflect asset growth and higher short-term interest rates, partially offset by higher expected operating costs. Our $42 price target equals 21x 2018E EPS, discounted back 24 months at 12% per year (vs. the 24x historical average)." (3/17/2017)

Some companies that are related to LPL Financial Holdings include Zillow Group (Z), East West Bancorp (EWBC), Scor SE (SCRYY), Aercap Holdings N.V. (AER), VEREIT (VER), NorthStar Asset Management Group (CLNS), Gaming and Leisure Properties (GLPI), Camden Property Trust (CPT), MarketAxess Holdings (MKTX), Intercontinental Exchange (ICE), Equity Lifestyle Properties (ELS), Signature Bank (SBNY), W.P. Carey (WPC), Voya Financial (VOYA), Kilroy Realty Corporation (KRC), American Capital Agency Corp. (AGNC), Lamar Advertising Company (LAMR) and Apartment Investment and Management Company (AIV).

LPL Financial Holdings' management team includes the folowing people:

• Dan H. Arnold Jr., President, Chief Executive Officer, Director
• Matthew J. Audette, Chief Financial Officer
• George Burton White, Managing Director, Investor and Investment Solutions and Chief Investment Officer
• Victor P. Fetter, Chief Information Officer, Managing Director
• Tracy Ellen Calder, Deputy Chief Risk Officer, Managing Director
• Michelle B. Oroschakoff, Chief Risk Officer, Managing Director
• David P. Bergers, General Counsel, Managing Director - Legal and Government Relations
• Thomas Gooley, Managing Director - Service, Trading & Operations
• J. Andrew Kalbaugh, Managing Director, Divisional President, National Sales and Consulting
• Sallie R. Larsen, Managing Director, Chief Human Capital Officer

LPL Financial Holdings' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Clarkston Capital Partners LLC (2.90%), Bank of Montreal Can (0.20%), Russell Investments Group Ltd. (0.10%), Aperio Group LLC (0.03%), Meeder Asset Management Inc. (0.02%) and Bank of The West (0.02%). Company insiders that own LPL Financial Holdings stock include Dan H Arnold, George Burton White, Group Holdings (Sbs) Advis Tpg, John Andrew Kalbaugh, Marco Hellman, Mark S Casady, Tracy Calder, Viet D Dinh and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial Holdings.

LPL Financial Holdings' stock was sold by a variety of institutional investors in the last quarter, including Clarkston Capital Partners LLC, Aperio Group LLC and Integrated Investment Consultants LLC. Company insiders that have sold LPL Financial Holdings stock in the last year include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Marco Hellman, Mark S Casady, Tracy Calder and William P Jr Morrissey. View Insider Buying and Selling for LPL Financial Holdings.

LPL Financial Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Russell Investments Group Ltd., Quantitative Systematic Strategies LLC, US Bancorp DE, Meeder Asset Management Inc., Alpha Windward LLC and Public Employees Retirement Association of Colorado. View Insider Buying and Selling for LPL Financial Holdings.

Shares of LPL Financial Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of LPL Financial Holdings stock can currently be purchased for approximately $45.98.