Geode Capital Management LLC Has $523,000 Stake in Siebert Financial Corp. (NASDAQ:SIEB)

Geode Capital Management LLC grew its position in Siebert Financial Corp. (NASDAQ:SIEB) by 70.4% during the third quarter, HoldingsChannel.com reports. The firm owned 206,788 shares of the financial services provider’s stock after buying an additional 85,456 shares during the quarter. Geode Capital Management LLC’s holdings in Siebert Financial were worth $523,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Siebert Financial in a research report on Sunday, January 5th. They set a “hold” rating on the stock.

Siebert Financial Stock Performance

SIEB opened at $3.00 on Friday. 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 52-week low of $1.41 and a 52-week high of $3.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.13 and a current ratio of 1.13. The firm 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.