6,234 Shares in Oppenheimer Holdings Inc. (NYSE:OPY) Purchased by Jane Street Group LLC

Jane Street Group LLC purchased a new stake in Oppenheimer Holdings Inc. (NYSE:OPY) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,234 shares of the financial services provider’s stock, valued at approximately $319,000. Jane Street Group LLC owned about 0.06% of Oppenheimer at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in Oppenheimer by 3,146.5% during the third quarter. BNP Paribas Financial Markets now owns 3,214 shares of the financial services provider’s stock valued at $164,000 after purchasing an additional 3,115 shares during the last quarter. Quest Partners LLC boosted its stake in shares of Oppenheimer by 140.1% during the 3rd quarter. Quest Partners LLC now owns 4,070 shares of the financial services provider’s stock worth $208,000 after acquiring an additional 2,375 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Oppenheimer during the third quarter worth $290,000. Bank of Montreal Can acquired a new stake in shares of Oppenheimer during the second quarter worth $367,000. Finally, Inspire Investing LLC purchased a new stake in shares of Oppenheimer during the third quarter valued at $414,000. Institutional investors own 32.26% of the company’s stock.

Oppenheimer Trading Up 0.5 %

Shares of OPY opened at $63.90 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. Oppenheimer Holdings Inc. has a 1-year low of $36.93 and a 1-year high of $70.25. The stock has a market capitalization of $660.09 million, a P/E ratio of 9.94 and a beta of 1.14. The business’s 50-day moving average price is $62.44 and its 200 day moving average price is $54.77.

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

Oppenheimer Announces Dividend

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

Oppenheimer Company 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.