Oppenheimer Holdings Inc. (NYSE:OPY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $26.63. Oppenheimer shares last traded at $26.37, with a volume of 978 shares.
The company has a 50-day moving average price of $28.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.69 and a current ratio of 1.29. The stock has a market cap of $346.96 million, a price-to-earnings ratio of 8.08 and a beta of 1.14.
Oppenheimer (NYSE:OPY) last posted its earnings results on Friday, July 26th. The financial services provider reported $0.89 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.33. Oppenheimer had a return on equity of 8.35% and a net margin of 3.75%. The business had revenue of $250.94 million for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, August 9th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.80%. This is a boost from Oppenheimer’s previous quarterly dividend of $0.11.
Several institutional investors and hedge funds have recently bought and sold shares of OPY. Investors Research Corp acquired a new stake in shares of Oppenheimer during the first quarter worth about $31,000. BNP Paribas Arbitrage SA increased its position in shares of Oppenheimer by 99.2% during the first quarter. BNP Paribas Arbitrage SA now owns 2,201 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 1,096 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its position in shares of Oppenheimer by 389.8% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,448 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 2,744 shares in the last quarter. Aperio Group LLC acquired a new stake in shares of Oppenheimer during the second quarter worth about $160,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Oppenheimer during the first quarter worth about $171,000. Institutional investors and hedge funds own 47.55% of the company’s stock.
Oppenheimer Company Profile (NYSE:OPY)
Oppenheimer Holdings Inc, through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services.
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