Northern Trust Corp grew its position in Siebert Financial Corp. (NASDAQ:SIEB – Free Report) by 15.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,583 shares of the financial services provider’s stock after buying an additional 5,323 shares during the period. Northern Trust Corp owned approximately 0.10% of Siebert Financial worth $128,000 at the end of the most recent quarter.
Separately, Renaissance Technologies LLC grew its holdings in shares of Siebert Financial by 275.0% in the 4th quarter. Renaissance Technologies LLC now owns 39,000 shares of the financial services provider’s stock valued at $123,000 after buying an additional 28,600 shares during the period. Institutional investors and hedge funds own 1.52% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Siebert Financial to a “buy” rating in a research report on Friday, May 30th.
Siebert Financial Trading Up 0.2%
SIEB opened at $5.38 on Wednesday. The stock has a market capitalization of $217.41 million, a P/E ratio of 20.69 and a beta of 0.50. Siebert Financial Corp. has a 12 month low of $1.41 and a 12 month high of $5.77. The firm’s fifty day simple moving average is $3.70 and its 200 day simple moving average is $3.14. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.05.
Siebert Financial (NASDAQ:SIEB – Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The financial services provider reported $0.22 EPS for the quarter. The business had revenue of $28.92 million for the quarter. Siebert Financial had a net margin of 12.83% and a return on equity of 13.92%.
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.
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