Caxton Associates LP Has $390,000 Stock Holdings in Oppenheimer Holdings Inc. (NYSE:OPY)

Caxton Associates LP reduced its stake in shares of Oppenheimer Holdings Inc. (NYSE:OPY) by 6.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,137 shares of the financial services provider’s stock after selling 581 shares during the period. Caxton Associates LP owned 0.08% of Oppenheimer worth $390,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of OPY. Quadrature Capital Ltd grew its stake in shares of Oppenheimer by 31.3% in the 4th quarter. Quadrature Capital Ltd now owns 13,884 shares of the financial services provider’s stock valued at $574,000 after buying an additional 3,308 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Oppenheimer in the first quarter worth approximately $1,293,000. Empowered Funds LLC increased its stake in shares of Oppenheimer by 8.1% during the 1st quarter. Empowered Funds LLC now owns 37,191 shares of the financial services provider’s stock worth $1,485,000 after purchasing an additional 2,800 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Oppenheimer by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 284,885 shares of the financial services provider’s stock worth $11,373,000 after purchasing an additional 12,525 shares during the last quarter. Finally, EJF Capital LLC raised its holdings in shares of Oppenheimer by 12.4% during the 1st quarter. EJF Capital LLC now owns 40,000 shares of the financial services provider’s stock valued at $1,597,000 after purchasing an additional 4,400 shares in the last quarter. 32.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Oppenheimer

In related news, insider Dennis P. Mcnamara sold 6,000 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $51.28, for a total value of $307,680.00. Following the transaction, the insider now directly owns 20,681 shares in the company, valued at approximately $1,060,521.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 32.49% of the stock is owned by corporate insiders.

Oppenheimer Trading Up 0.2 %

Shares of NYSE:OPY opened at $50.47 on Friday. The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $521.36 million, a PE ratio of 13.60 and a beta of 1.15. Oppenheimer Holdings Inc. has a 1 year low of $32.82 and a 1 year high of $58.35. The firm has a fifty day moving average price of $51.09 and a 200 day moving average price of $46.14.

Oppenheimer (NYSE:OPY) last released its quarterly earnings results on Friday, July 26th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. Oppenheimer had a return on equity of 8.33% and a net margin of 4.70%. The company had revenue of $330.59 million during the quarter.

Oppenheimer Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Friday, August 9th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend was Friday, August 9th. Oppenheimer’s dividend payout ratio is 19.41%.

Oppenheimer Profile

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.