Oppenheimer Holdings Inc. (NYSE:OPY)’s stock price passed 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 changing hands.
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 company has a market capitalization of $346.96 million, a PE ratio of 8.08 and a beta of 1.14. The company’s fifty day moving average is $28.47.
Oppenheimer (NYSE:OPY) last posted its earnings results on Friday, July 26th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.33. The company had revenue of $250.94 million during the quarter. Oppenheimer had a return on equity of 8.35% and a net margin of 3.75%.
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Friday, August 9th will be paid a dividend of $0.12 per share. This is a boost from Oppenheimer’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.48 annualized dividend and a yield of 1.80%.
A number of hedge funds have recently bought and sold shares of OPY. Investors Research Corp acquired a new stake in Oppenheimer during the first quarter worth $31,000. BNP Paribas Arbitrage SA boosted 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 buying an additional 1,096 shares during the period. Metropolitan Life Insurance Co. NY boosted 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 buying an additional 2,744 shares during the period. Aperio Group LLC purchased a new position in shares of Oppenheimer during the second quarter worth $160,000. Finally, SG Americas Securities LLC purchased a new position in shares of Oppenheimer during the first quarter worth $171,000. 47.55% of the stock is owned by institutional investors.
About Oppenheimer (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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