Oxford Asset Management LLP Increases Stock Holdings in Oppenheimer Holdings Inc. (NYSE:OPY)

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Oxford Asset Management LLP boosted its position in Oppenheimer Holdings Inc. (NYSE:OPY) by 28.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,796 shares of the financial services provider’s stock after purchasing an additional 6,301 shares during the period. Oxford Asset Management LLP owned about 0.23% of Oppenheimer worth $791,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in OPY. State Street Corp raised its stake in Oppenheimer by 3.5% during the 3rd quarter. State Street Corp now owns 187,078 shares of the financial services provider’s stock valued at $5,624,000 after purchasing an additional 6,309 shares during the period. Martingale Asset Management L P grew its holdings in Oppenheimer by 49.9% during the 4th quarter. Martingale Asset Management L P now owns 52,922 shares of the financial services provider’s stock valued at $1,455,000 after buying an additional 17,622 shares in the last quarter. Bowling Portfolio Management LLC grew its holdings in Oppenheimer by 10.6% during the 4th quarter. Bowling Portfolio Management LLC now owns 37,898 shares of the financial services provider’s stock valued at $1,041,000 after buying an additional 3,645 shares in the last quarter. California Public Employees Retirement System grew its holdings in Oppenheimer by 12.5% during the 3rd quarter. California Public Employees Retirement System now owns 22,714 shares of the financial services provider’s stock valued at $683,000 after buying an additional 2,517 shares in the last quarter. Finally, Globeflex Capital L P grew its holdings in Oppenheimer by 3.3% during the 4th quarter. Globeflex Capital L P now owns 19,244 shares of the financial services provider’s stock valued at $529,000 after buying an additional 617 shares in the last quarter. 45.57% of the stock is currently owned by institutional investors and hedge funds.

NYSE OPY traded up $0.23 during trading on Thursday, hitting $18.82. 12,153 shares of the stock traded hands, compared to its average volume of 101,031. The company has a market capitalization of $247.40 million, a P/E ratio of 4.90 and a beta of 1.04. The firm has a 50-day simple moving average of $23.31 and a 200-day simple moving average of $26.96. The company has a quick ratio of 0.76, a current ratio of 1.29 and a debt-to-equity ratio of 0.25. Oppenheimer Holdings Inc. has a 12-month low of $14.21 and a 12-month high of $31.82.

Oppenheimer (NYSE:OPY) last released its quarterly earnings results on Friday, January 31st. The financial services provider reported $1.84 earnings per share for the quarter, beating the consensus estimate of $0.79 by $1.05. The business had revenue of $295.88 million during the quarter. Oppenheimer had a return on equity of 9.30% and a net margin of 5.12%.

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.55%. The ex-dividend date of this dividend was Thursday, February 13th.

About Oppenheimer

Oppenheimer Holdings Inc, through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services.

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Institutional Ownership by Quarter for Oppenheimer (NYSE:OPY)

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