Jane Street Group LLC Takes Position in Oppenheimer Holdings Inc. (NYSE:OPY)

Jane Street Group LLC acquired a new stake in Oppenheimer Holdings Inc. (NYSE:OPY) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 6,234 shares of the financial services provider’s stock, valued at approximately $319,000.

Other large investors have also recently bought and sold shares of the company. Quadrature Capital Ltd acquired a new position in Oppenheimer during the third quarter valued at approximately $290,000. PDT Partners LLC acquired a new position in Oppenheimer in the 3rd quarter valued at $464,000. BNP Paribas Financial Markets raised its holdings in Oppenheimer by 3,146.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider’s stock worth $164,000 after acquiring an additional 3,115 shares during the period. FMR LLC lifted its position in Oppenheimer by 26.3% during the 3rd quarter. FMR LLC now owns 12,077 shares of the financial services provider’s stock worth $618,000 after acquiring an additional 2,512 shares during the last quarter. Finally, Quest Partners LLC boosted its holdings in Oppenheimer by 140.1% during the third quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider’s stock valued at $208,000 after acquiring an additional 2,375 shares during the period. 32.26% of the stock is currently owned by institutional investors.

Oppenheimer Trading Up 0.5 %

Shares of NYSE:OPY opened at $63.90 on Friday. Oppenheimer Holdings Inc. has a 52-week low of $36.93 and a 52-week high of $70.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.29. The company has a market cap of $660.09 million, a P/E ratio of 9.94 and a beta of 1.14. The stock’s 50-day moving average is $62.44 and its 200-day moving average is $54.77.

Oppenheimer (NYSE:OPY) last issued its quarterly earnings results on Friday, October 25th. The financial services provider reported $2.16 EPS for the quarter. The company had revenue of $373.35 million during the quarter. Oppenheimer had a return on equity of 9.50% and a net margin of 5.27%.

Oppenheimer Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.72 annualized dividend and a yield of 1.13%. Oppenheimer’s dividend payout ratio is 11.20%.

About Oppenheimer

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.