Chicago Equity Partners LLC acquired a new stake in shares of Oppenheimer Holdings Inc. (NYSE:OPY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 47,460 shares of the financial services provider’s stock, valued at approximately $1,272,000. Chicago Equity Partners LLC owned approximately 0.36% of Oppenheimer at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Oppenheimer during the fourth quarter worth $202,000. Acadian Asset Management LLC acquired a new stake in Oppenheimer in the fourth quarter valued at $1,701,000. Schwab Charles Investment Management Inc. increased its holdings in Oppenheimer by 26.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 17,400 shares of the financial services provider’s stock valued at $467,000 after purchasing an additional 3,600 shares during the period. Dimensional Fund Advisors LP increased its holdings in Oppenheimer by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 554,073 shares of the financial services provider’s stock valued at $9,613,000 after purchasing an additional 8,318 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in Oppenheimer by 56.1% in the third quarter. Wells Fargo & Company MN now owns 11,034 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 3,965 shares during the period. Institutional investors own 41.08% of the company’s stock.
Separately, ValuEngine downgraded Oppenheimer from a “buy” rating to a “hold” rating in a report on Friday, December 1st.
Shares of Oppenheimer Holdings Inc. (OPY) opened at $26.45 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.64 and a debt-to-equity ratio of 0.39. The company has a market cap of $342.12, a price-to-earnings ratio of 16.03 and a beta of 1.55. Oppenheimer Holdings Inc. has a 1 year low of $15.10 and a 1 year high of $29.05.
The company also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 12th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.44 dividend on an annualized basis and a yield of 1.66%. Oppenheimer’s dividend payout ratio (DPR) is currently 26.67%.
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Oppenheimer Company Profile
Oppenheimer Holdings Inc is a middle-market investment bank and service broker-dealer. The Company is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services, and investment advisory and asset management services.
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