Oppenheimer Holdings Inc. (NYSE:OPY) Shares Bought by Quest Partners LLC

Quest Partners LLC raised its position in Oppenheimer Holdings Inc. (NYSE:OPY) by 140.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,070 shares of the financial services provider’s stock after acquiring an additional 2,375 shares during the quarter. Quest Partners LLC’s holdings in Oppenheimer were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its holdings in shares of Oppenheimer by 1.1% in the second quarter. Bank of New York Mellon Corp now owns 27,241 shares of the financial services provider’s stock valued at $1,305,000 after acquiring an additional 297 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Oppenheimer in the second quarter valued at approximately $56,000. Beverly Hills Private Wealth LLC boosted its holdings in shares of Oppenheimer by 55.6% in the second quarter. Beverly Hills Private Wealth LLC now owns 19,850 shares of the financial services provider’s stock valued at $951,000 after acquiring an additional 7,094 shares in the last quarter. Bank of Montreal Can bought a new position in shares of Oppenheimer in the second quarter valued at approximately $367,000. Finally, Inspire Investing LLC bought a new stake in Oppenheimer during the third quarter worth approximately $414,000. Institutional investors and hedge funds own 32.26% of the company’s stock.

Oppenheimer Trading Up 2.4 %

Shares of NYSE:OPY opened at $61.48 on Thursday. The stock has a market capitalization of $635.09 million, a price-to-earnings ratio of 9.56 and a beta of 1.14. Oppenheimer Holdings Inc. has a 1-year low of $36.93 and a 1-year high of $63.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.29. The company has a 50 day moving average price of $54.01 and a 200 day moving average price of $50.81.

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

Oppenheimer Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date was Friday, November 8th. Oppenheimer’s payout ratio is 11.20%.

Oppenheimer 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.