Quadrature Capital Ltd Acquires 3,308 Shares of Oppenheimer Holdings Inc. (NYSE:OPY)

Quadrature Capital Ltd grew its holdings in Oppenheimer Holdings Inc. (NYSE:OPY) by 31.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,884 shares of the financial services provider’s stock after purchasing an additional 3,308 shares during the period. Quadrature Capital Ltd owned about 0.13% of Oppenheimer worth $574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Profit Investment Management LLC grew its holdings in shares of Oppenheimer by 8.5% in the fourth quarter. Profit Investment Management LLC now owns 75,538 shares of the financial services provider’s stock worth $3,121,000 after acquiring an additional 5,910 shares during the period. Acadian Asset Management LLC grew its holdings in Oppenheimer by 1,225.9% during the third quarter. Acadian Asset Management LLC now owns 48,540 shares of the financial services provider’s stock valued at $1,859,000 after purchasing an additional 44,879 shares during the period. EJF Capital LLC grew its holdings in Oppenheimer by 43.5% during the third quarter. EJF Capital LLC now owns 34,440 shares of the financial services provider’s stock valued at $1,319,000 after purchasing an additional 10,440 shares during the period. Brandywine Global Investment Management LLC grew its holdings in Oppenheimer by 11.2% during the third quarter. Brandywine Global Investment Management LLC now owns 33,009 shares of the financial services provider’s stock valued at $1,265,000 after purchasing an additional 3,321 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of Oppenheimer by 90.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 31,861 shares of the financial services provider’s stock worth $1,221,000 after acquiring an additional 15,160 shares during the period. Institutional investors own 32.26% of the company’s stock.

Oppenheimer Price Performance

Shares of Oppenheimer stock opened at $45.96 on Friday. The stock has a 50 day moving average of $43.27 and a 200 day moving average of $40.71. Oppenheimer Holdings Inc. has a 12 month low of $32.82 and a 12 month high of $47.30. The firm has a market cap of $474.77 million, a PE ratio of 12.39 and a beta of 1.16. The company has a current ratio of 1.26, a quick ratio of 0.77 and a debt-to-equity ratio of 0.14.

Oppenheimer (NYSE:OPY) last issued its quarterly earnings data on Friday, April 26th. The financial services provider reported $2.37 earnings per share (EPS) for the quarter. Oppenheimer had a return on equity of 5.90% and a net margin of 3.25%. The business had revenue of $353.14 million for the quarter.

Oppenheimer Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were issued a $0.15 dividend. The ex-dividend date was Thursday, May 9th. This represents a $0.60 annualized dividend and a dividend yield of 1.31%. Oppenheimer’s payout ratio is 16.17%.

Insider Transactions at Oppenheimer

In other news, Director Evan Behrens sold 4,125 shares of the stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $43.65, for a total value of $180,056.25. Following the sale, the director now directly owns 4,875 shares in the company, valued at $212,793.75. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 32.49% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Oppenheimer from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 29th.

Oppenheimer Company Profile

Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.