Geode Capital Management LLC Acquires 85,456 Shares of Siebert Financial Corp. (NASDAQ:SIEB)

Geode Capital Management LLC raised its holdings in Siebert Financial Corp. (NASDAQ:SIEB) by 70.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,788 shares of the financial services provider’s stock after purchasing an additional 85,456 shares during the quarter. Geode Capital Management LLC owned approximately 0.52% of Siebert Financial worth $523,000 as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Siebert Financial in a research report on Sunday, January 5th. They issued a “hold” rating for the company.

Siebert Financial Trading Down 4.2 %

NASDAQ:SIEB opened at $3.00 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13. The business’s 50-day simple moving average is $2.93 and its 200-day simple moving average is $2.30. Siebert Financial Corp. has a fifty-two week low of $1.41 and a fifty-two week high of $3.34. The stock has a market capitalization of $120.36 million, a PE ratio of 11.54 and a beta of 0.32.

Siebert Financial Profile

Siebert Financial Corp., through its subsidiaries, engages in the retail brokerage and investment advisory businesses in the United States and Internationally. It offers self-directed trading, market making and fixed income investment, stock borrow, stock loan, equity compensation plans, wealth management, and financial advisory services; independent retail execution services; and retail customer services.