LPL Financial Holdings Company Profile (NASDAQ:LPLA)

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

LPL Financial Holdings announced 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 2.21%. The ex-dividend date of this dividend is Thursday, May 11th. View LPL Financial Holdings' Dividend History.

LPL Financial Holdings Inc. (NASDAQ:LPLA) announced its quarterly earnings results on Thursday, April, 27th. The company reported $0.66 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.30. The company had revenue of $1.04 billion for 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%. The company's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. View LPL Financial Holdings' Earnings History.

9 brokerages have issued 12 month target prices for LPL Financial Holdings' stock. Their forecasts 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 Kimco Realty Corporation (KIM), NorthStar Asset Management Group (CLNS), Gaming and Leisure Properties (GLPI), Equity Lifestyle Properties (ELS), American Capital Agency Corp. (AGNC), Oaktree Capital Group, LLC (OAK), MarketAxess Holdings (MKTX), W.P. Carey (WPC), Kilroy Realty Corporation (KRC), Sun Communities (SUI), Signature Bank (SBNY), Lamar Advertising Company (LAMR), Ares Capital Corporation (ARCC), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), Apartment Investment and Management Company (AIV), Voya Financial (VOYA), Invitation Home (INVH) and Janus Capital Group (JHG).

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 Bank of Montreal Can (0.20%), Aperio Group LLC (0.03%), Meeder Asset Management Inc. (0.02%), Bank of The West (0.02%), Alpha Windward LLC (0.01%) and Quantitative Systematic Strategies LLC (0.01%). 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 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, Quantitative Systematic Strategies LLC, US Bancorp DE, Meeder Asset Management Inc. and Alpha Windward LLC. 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 $45.29.