Economy

LPL Financial (LPLA) Stock Rating Upgraded by Zacks Investment Research

LPL Financial (LPLA) Stock Rating Upgraded by Zacks Investment Research

One Trading L P holds 0% or 199 shares in its portfolio. About 239,969 shares traded. Lpl Financial Holdings Inc. now has $5.49B valuation.

Tpg-Axon Management Lp increased its stake in Centene Corp Del (CNC) by 49.7% based on its latest 2017Q3 regulatory filing with the SEC. Tourbillon Capital Partners Lp sold 4.27 million shares as Dish Network Corp (Call) (DISH)'s stock rose 1.02%. The Hbk Investments LP holds 14,500 shares with $748,000 value, up from 6,126 last quarter. Three Corner Global Investors Lp who had been investing in Lpl Finl Hldgs Inc for a number of months, seems to be bullish on the $5.48 billion market cap company.

LPL Financial (LPLA) traded up $0.08 during trading on Friday, reaching $56.87. About 652,297 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since January 10, 2017 and is uptrending. It has outperformed by 47.53% the S&P500. ValuEngine downgraded LPL Financial from a buy rating to a hold rating in a report on Friday, October 6th. Therefore 50% are positive. Citigroup lifted their price target on shares of LPL Financial from $63.00 to $65.00 and gave the company a buy rating in a report on Friday, November 10th. Nomura maintained it with "Buy" rating and $58 target in Thursday, August 17 report. The stock has "Underweight" rating by Morgan Stanley on Thursday, October 5. Six research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The firm earned "Neutral" rating on Friday, November 11 by Credit Suisse. LPL Financial reported earnings per share of $0.46 during the same quarter last year, which suggests a negative year-over-year growth rate of 19.6%. SunTrust has "Buy" rating and $65.0 target. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of LPL Financial by 166.2% in the second quarter. (NASDAQ:LPLA). Engineers Gate Manager Limited Partnership has invested 0.24% in LPL Financial Holdings Inc.

Eam Investors Llc, which manages about $932.15M and $752.37M US Long portfolio, upped its stake in Hudson Technologies Inc.

In related news, CEO Dan H. Arnold sold 3,742 shares of the business's stock in a transaction dated Wednesday, November 15th. LPL Financial had a net margin of 5.46% and a return on equity of 25.44%. LPL Financial's quarterly revenue was up 4.6% on a year-over-year basis.

More news: Boat carrying school children capsizes off Dahanu coast in Maharashtra

Investors sentiment increased to 2 in 2017 Q3. Its down 0.03, from 1.17 in 2017Q2. It improved, as 18 investors sold LPLA shares while 46 reduced holdings. 54 funds opened positions while 74 raised stakes. 6,715 were reported by Teacher Retirement Of Texas.

Equities research analysts forecast that LPL Financial Holdings Inc (NASDAQ:LPLA) will report earnings per share of $0.37 for the current fiscal quarter, Zacks reports. Enterprise Svcs Corporation reported 0% in LPL Financial Holdings Inc. (NASDAQ:WETF). Alpine Woods Invsts Limited Liability Corp holds 0.06% or 122,000 shares in its portfolio.

A number of analysts have recently issued reports on LPLA shares. Bluemountain Capital Limited Liability Corporation holds 0.06% or 54,746 shares in its portfolio. James Inv accumulated 0.08% or 43,595 shares. Panagora Asset Management Incorporated holds 726,083 shares. Timpani Cap Management Limited Liability holds 1.03% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Maverick Cap Ltd holds 67,770 shares or 0.04% of its portfolio. Grantham Mayo Van Otterloo & Company Ltd Company invested 0.01% in LPL Financial Holdings Inc. LPLA's SI was 764,600 shares in January as released by FINRA. Public Employees Retirement System of OH owned approximately 0.07% of LPL Financial worth $3,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Art Llc reported 40,600 shares stake. ClariVest Asset Management LLC now owns 70,945 shares of the financial services provider's stock worth $3,658,000 after acquiring an additional 13,092 shares in the last quarter. The financial services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. During the same period past year, the firm posted $0.58 EPS. LPLA's profit would be $36.96 million giving it 37.37 P/E if the $0.41 EPS is correct. Therefore 33% are positive. Ocwen Financial had 24 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has a market capitalization of $5,520.00, a PE ratio of 25.93, a P/E/G ratio of 1.36 and a beta of 1.88. (NASDAQ:WETF) earned "Sell" rating by Keefe Bruyette & Woods on Monday, September 18. The firm has "Hold" rating given on Monday, October 23 by KeyBanc Capital Markets. The rating was downgraded by Keefe Bruyette & Woods on Monday, February 8 to "Outperform". The firm has "Neutral" rating by Credit Suisse given on Monday, August 22. On Thursday, October 5 the stock rating was maintained by Morgan Stanley with "Underweight". The firm has "Neutral" rating given on Wednesday, February 22 by Mizuho. Jefferies maintained the shares of CNC in report on Wednesday, July 27 with "Buy" rating. As per Tuesday, December 1, the company rating was upgraded by Goldman Sachs. The average 12-month target price among analysts that have issued ratings on the stock in the previous year is $56.20.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


  • ConocoPhillips (COP) Shares Sold by ProShare Advisors LLC

    The stock of ConocoPhillips (NYSE:COP) has "Overweight" rating given on Tuesday, January 12 by Barclays Capital. (NASDAQ:CA). Finally, First Eagle Investment Management LLC lifted its stake in shares of ConocoPhillips by 3.0% in the third quarter.

    Analysts' Views: Mannkind Corporation (MNKD)

    Dupont Capital Management Corp purchased a new position in MannKind during the third quarter valued at approximately $219,000. As a company has 50.89M shares outstanding and its current share price is $53.26, the market cap is $2.71B.

    Palo Alto Networks, Inc. (PANW) -Important Detailed Discussion

    Hillsdale Investment Management Inc bought 302,600 shares as the company's stock declined 33.74% while stock markets rallied. The firm earned "Equal-Weight" rating on Wednesday, March 1 by Morgan Stanley. (NYSE: PANW ) rating on Friday, April 21.
  • Research Ratings: Concho Resources Inc. (CXO), PG&E Corporation (PCG)

    The total amount of shares outstanding is 147.56 million, giving the company a market capitalization of about 23.29 billion. It improved, as 18 investors sold LPLA shares while 46 reduced holdings. 70 funds opened positions while 213 raised stakes.
    Helicopter carrying 7 goes missing off Mumbai coast, search underway

    Helicopter carrying 7 goes missing off Mumbai coast, search underway

    "There has been no contact with the helicopter since 10.30 am, by when it was about 50 kms off the coast of Mumbai ", the source. The Dauphin helicopter lost contact with Air Traffic Control around 10.35 am almost 30 nautical miles off Mumbai .

    'She would probably win': Expert backs Oprah's 2020 run

    In 2017 she confessed that her view of the presidency was evolving in the wake of Donald Trump's victory. While "Real Donald Trump " has more than 46 million followers, two-thirds have come since the election.
  • Renacci defends, Kasich condemns Trump's

    Renacci defends, Kasich condemns Trump's "s-hole" remark

    Renacci capped his defense of the president's racist remarks saying, "Look, I always say judge the president after four years". Renacci continued that Trump's comments can be explained by his being "a business guy going into a political career".
    Kruyswijk surges into the lead at SA Open

    Kruyswijk surges into the lead at SA Open

    So, it was big deal to start off my round. "I certainly hope that I can keep that trend (of Englishmen winning the SA Open) going".
    Public funeral for Chloe and Aubrey Berry held today

    Public funeral for Chloe and Aubrey Berry held today

    The girl's father, Andrew Berry, has been charged with two counts of second-degree murder and remains in custody. The death of Chloe Berry, 6, and Aubrey Berry, 4, prompted an outpouring of grief from the community .
  • Oil prices set for fourth straight week of gains

    Oil prices set for fourth straight week of gains

    That level would be the highest annual average on record, surpassing the previous record of 9.6 million b/d set in 1970. By many estimates US production is set to take off this year - which is concerning for many other producer nations.
    Trump Denies Collusion But Doesn't Commit to Mueller Interview

    Trump Denies Collusion But Doesn't Commit to Mueller Interview

    The President expressed confidence Norway will meet the two percent GDP defense obligation to North Atlantic Treaty Organisation . Erna Solberg confirmed Trump by saying that Norway contributes a lot to the U.S. economy, not least by purchasing Teslas.
    LG's G6 successor reportedly appears in new render

    LG's G6 successor reportedly appears in new render

    That stands in stark contrast to the Galaxy S9, which is expected to come with a almost identical design to last year's models. LG, meanwhile, apparently didn't run into whatever problem Samsung was having with its original Galaxy S9 design.