Perella Weinberg Partners (PWP) Set to Announce Earnings on Thursday

Perella Weinberg Partners (NASDAQ:PWPGet Rating) is scheduled to issue its quarterly earnings data before the market opens on Thursday, May 5th. Parties that are interested in participating in the company’s conference call can do so using this link.

Perella Weinberg Partners (NASDAQ:PWPGet Rating) last announced its quarterly earnings data on Thursday, February 17th. The company reported $0.33 EPS for the quarter. The firm had revenue of $198.91 million for the quarter.

Shares of Perella Weinberg Partners stock opened at $7.76 on Thursday. The firm’s 50-day moving average price is $9.32. Perella Weinberg Partners has a 12 month low of $7.76 and a 12 month high of $14.75.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 17th. Stockholders of record on Thursday, March 3rd were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, March 2nd. This represents a $0.28 annualized dividend and a dividend yield of 3.61%.

Separately, JMP Securities reduced their price target on Perella Weinberg Partners from $19.00 to $18.00 and set a “market outperform” rating on the stock in a research report on Thursday, April 7th.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. grew its position in shares of Perella Weinberg Partners by 329.7% in the 4th quarter. BlackRock Inc. now owns 621,649 shares of the company’s stock worth $7,993,000 after buying an additional 476,963 shares during the last quarter. State Street Corp grew its position in shares of Perella Weinberg Partners by 218.2% in the 4th quarter. State Street Corp now owns 339,525 shares of the company’s stock worth $4,366,000 after buying an additional 232,825 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Perella Weinberg Partners by 13.2% in the 4th quarter. Geode Capital Management LLC now owns 332,091 shares of the company’s stock worth $4,270,000 after buying an additional 38,680 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in shares of Perella Weinberg Partners by 36.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 191,279 shares of the company’s stock worth $2,460,000 after buying an additional 51,463 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of Perella Weinberg Partners by 50.2% in the 4th quarter. Stifel Financial Corp now owns 167,500 shares of the company’s stock worth $2,154,000 after buying an additional 56,000 shares during the last quarter. Institutional investors and hedge funds own 42.09% of the company’s stock.

Perella Weinberg Partners Company Profile (Get Rating)

Perella Weinberg Partners, an independent advisory firm, provides strategic and financial advisory services in the United States and internationally. The company offers strategic and financial decisions, mergers and acquisitions advice and execution, capital markets advisory, shareholder and defense advisory, capital structure and restructuring, underwriting, equity research, and private capital raising services.

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