LPL Financial (LPLA) Sets New 1-Year High After Dividend Announcement

Lloyd Doyle
February 24, 2018

Therefore 16% are positive. SP Plus had 2 analyst reports since September 4, 2015 according to SRatingsIntel. Zacks Investment Research lowered shares of LPL Financial from a "buy" rating to a "hold" rating in a research note on Wednesday, November 1st. The firm has "Market Perform" rating given on Friday, February 12 by Wells Fargo. Nomura maintained the stock with "Neutral" rating in Monday, July 11 report. As per Friday, July 21, the company rating was maintained by Wedbush. The stock has "Buy" rating by KeyBanc Capital Markets on Friday, September 1. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of LPL Financial by 140.7% in the 4th quarter. The Impala Asset Management Llc holds 1.24M shares with $12.51M value, up from 936,203 last quarter. Citigroup downgraded LPL Financial Holdings Inc. The stock increased 1.18% or $0.165 during the last trading session, reaching $14.145.

LPL Financial Holdings Inc is a broker-dealer, a custodian for registered investment advisors and an independent consultant to retirement plans. (NASDAQ:LPLA) has risen 64.23% since February 22, 2017 and is uptrending. At current stock price levels, we have noted that LPLA's stock price is separated -1.47% from the 52 week high and 70.84% off of the 52 week low. Us Foods Hldg Corp was reduced too.

Since February 5, 2018, it had 0 insider purchases, and 2 insider sales for $1.88 million activity. Morrissey sold 20,000 shares of the stock in a transaction that occurred on Monday, February 5th. Shares of LPLA moved upward with change of 8.07% to its 50-day Moving average.

In other LPL Financial news, Director William P. Jr.

Investors sentiment increased to 2 in Q3 2017. Its down 0.07, from 1.27 in 2017Q2. It increased, as 18 investors sold LPL Financial Holdings Inc. shares while 46 reduced holdings. LPL Financial comprises 3.7% of Sovarnum Capital L.P.'s investment portfolio, making the stock its 4th largest position. Barclays Pcl reported 0% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Pdt Prtn Ltd Liability Corp has 100,900 shares for 0.17% of their portfolio.


Want to see what other hedge funds are holding LPLA?

LPL Financial Holdings Inc (NASDAQ:LPLA) opened at $65.50 on Friday. (NASDAQ:LPLA). Alliancebernstein Limited Partnership holds 0% or 51,983 shares. Eaton Vance Mgmt holds 0.01% or 99,471 shares in its portfolio. They expect $0.68 EPS, up 3.03% or $0.02 from last year's $0.66 per share. (NASDAQ:LPLA) for 1,032 shares. LPL Financial earned a media sentiment score of 0.25 on Accern's scale. (NASDAQ:LPLA) for 56,287 shares. Utah Retirement System accumulated 16,176 shares. Keefe, Bruyette & Woods restated a "buy" rating and set a $73.00 price target on shares of LPL Financial in a report on Friday, February 2nd. This rising movement shows positive prices direction over last 50 days. LPL Financial Holdings had 46 analyst reports since August 6, 2015 according to SRatingsIntel. LPL Financial Holdings Inc. We have $67.45 PT which if reached, will make NASDAQ:LPLA worth $344.22 million more. The company was maintained on Monday, November 2 by JP Morgan.

A number of analysts recently commented on the stock.

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) on Tuesday, January 10 to "Neutral" rating. SunTrust has "Buy" rating and $65.0 target. Nomura maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) was sold by Kalbaugh John Andrew. As per Tuesday, January 31, the company rating was initiated by Wedbush. RSI is a quick tool you can use to gauge overbought and oversold levels, the Relative Strength Index. The company was maintained on Thursday, June 2 by SunTrust. The firm earned "Neutral" rating on Monday, August 22 by Credit Suisse. (NASDAQ:LPLA) has "Buy" rating given on Thursday, October 5 by Keefe Bruyette & Woods. The rating was downgraded by Credit Suisse on Monday, August 22 to "Neutral". Its down 0.08, from 0.97 in 2017Q2. It turned negative, as 10 investors sold SP shares while 45 reduced holdings. 28 funds opened positions while 91 raised stakes. M&T National Bank & Trust Corp reported 11,462 shares. Goldman Sachs Group has invested 0.02% in Kilroy Realty Corporation (NYSE:KRC). Patten stated it has 0.03% in Aflac Incorporated (NYSE:AFL). Engineers Gate Manager Lp accumulated 0.06% or 18,453 shares. Thompson Davis Comm has 172 shares for 0.02% of their portfolio. The New York-based Eii Capital Management Inc has invested 1.09% in Kilroy Realty Corporation (NYSE:KRC). Manufacturers Life Insurance Communications The holds 442,776 shares. Vnbtrust Natl Association invested in 0.08% or 7,600 shares. Kistler has 10,478 shares for 0.36% of their portfolio. Numeric Lc invested 0% in SP Plus Corporation (NASDAQ:SP). 17,385 are owned by Boston Limited Liability Corporation. 550 shares valued at $49,022 were bought by MOSKOWITZ JOSEPH L on Tuesday, February 20. Currently Analysts have a mean recommendation of 2.40 on the shares. The shares were sold at an average price of $62.61, for a total transaction of $626,100.00. Following the transaction, the insider now directly owns 38,050 shares of the company's stock, valued at approximately $2,382,310.50. About 150,718 shares traded. It has underperformed by 9.02% the S&P500. The company has market cap of $6.73 billion. It has a 24.57 P/E ratio.

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