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, July 28th. Investors of record on Thursday, August 10th will be given a dividend of $0.25 per share on Thursday, August 24th. This represents a $1.00 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Tuesday, August 8th. View LPL Financial Holdings' Dividend History.

LPL Financial Holdings Inc. (NASDAQ:LPLA) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.08. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.05 billion. LPL Financial Holdings had a return on equity of 26.45% and a net margin of 5.10%. The company's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 EPS. View LPL Financial Holdings' Earnings History.

LPL Financial Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for LPL Financial Holdings.

8 brokerages have issued 12 month price objectives for LPL Financial Holdings' stock. Their forecasts range from $38.00 to $58.00. On average, they anticipate LPL Financial Holdings' stock price to reach $49.25 in the next twelve months. 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. " (9/20/2017)
• 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)

LPL Financial Holdings saw a decline in short interest in August. As of August 31st, there was short interest totalling 468,377 shares, a decline of 46.5% from the August 15th total of 875,385 shares. Based on an average daily trading volume, of 759,079 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.5% of the shares of the company are sold short.

Some companies that are related to LPL Financial Holdings include Federal Realty Investment Trust (FRT), Reinsurance Group of America, Incorporated (RGA), Alleghany Corporation (Y), Camden Property Trust (CPT), American Capital Agency Corp. (AGNC), British Land Company PLC Sponsored ADR (BTLCY), East West Bancorp (EWBC), Bankinter SA (BKNIY), VEREIT (VER), Kimco Realty Corporation (KIM), Aercap Holdings N.V. (AER), W.R. Berkley Corporation (WRB), Scor SE (SCRYY), Gaming and Leisure Properties (GLPI), Macro Bank (BMA), Equity Lifestyle Properties (ELS), Macerich Company (The) (MAC) and W.P. Carey (WPC).

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 retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (10.45%), Vanguard Group Inc. (9.76%), Fairview Capital Investment Management LLC (4.83%), BlackRock Inc. (3.96%), Clarkston Capital Partners LLC (2.90%) and HMI Capital LLC (2.09%). 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 Goldman Sachs Group Inc., Principal Financial Group Inc., Clarkston Capital Partners LLC, Schwab Charles Investment Management Inc., Victory Capital Management Inc., Cornerstone Capital Management Holdings LLC., Three Peaks Capital Management LLC and Engineers Gate Manager LP. 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 bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Vanguard Group Inc., Samlyn Capital LLC, Bank of Montreal Can, Capital Fund Management S.A., Old Mutual Global Investors UK Ltd., JPMorgan Chase & Co. and Canada Pension Plan Investment Board. 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 $49.51.