Oppenheimer Holdings, Inc. (NYSE:OPY) is expected to pay $0.11 on Nov 25, 2016. The indicated annual dividend is $0.44. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Oppenheimer Holdings, Inc.’s current price of $14.00, the dividend is 0.79%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 28, 2016. The stock increased 0.36% or $0.05 on November 4, hitting $14. Oppenheimer Holdings Inc. (USA) (NYSE:OPY) has declined 4.50% since April 5, 2016 and is downtrending. It has underperformed by 6.46% the S&P500.
Oppenheimer Holdings Inc. is a middle-market investment bank and service broker-dealer. The company has a market cap of $185.71 million. The Firm is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services, and investment advisory and asset management services. It currently has negative earnings.
Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.18, from 0.97 in 2016Q1. The ratio fall, as 8 funds sold all Oppenheimer Holdings Inc. (USA) shares owned while 21 reduced positions. 5 funds bought stakes while 18 increased positions. They now own 5.45 million shares or 1.46% less from 5.53 million shares in 2016Q1.
Jacobs Levy Equity Mngmt accumulated 0.01% or 18,254 shares. Bnp Paribas Arbitrage reported 391 shares or 0% of all its holdings. Jpmorgan Chase & Co accumulated 78,073 shares or 0% of the stock. Blackrock Investment Mgmt Limited Liability owns 44,150 shares or 0% of their US portfolio. Geode Capital Mgmt Lc accumulated 82,731 shares or 0% of the stock. Morgan Stanley has invested 0% of its portfolio in Oppenheimer Holdings Inc. (USA) (NYSE:OPY). Moreover, Dimensional Fund Advsr L P has 0% invested in Oppenheimer Holdings Inc. (USA) (NYSE:OPY) for 453,710 shares. Legal And General Group Public Ltd Llc has 1,937 shares for 0% of their US portfolio. Oppenheimer And holds 0.02% of its portfolio in Oppenheimer Holdings Inc. (USA) (NYSE:OPY) for 40,172 shares. Wells Fargo And Mn holds 0% or 4,088 shares in its portfolio. Teachers Advsrs accumulated 0% or 14,620 shares. Nationwide Fund accumulated 23,716 shares or 0% of the stock. Pnc Fin Services last reported 0% of its portfolio in the stock. Royal National Bank Of Canada holds 0% or 15,900 shares in its portfolio. Comml Bank Of New York Mellon owns 57,385 shares or 0% of their US portfolio.
Oppenheimer Holdings Inc. (USA) (NYSE:OPY) Ratings Coverage
Out of 2 analysts covering Oppenheimer Holdings (NYSE:OPY), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Oppenheimer Holdings has been the topic of 3 analyst reports since September 14, 2015 according to StockzIntelligence Inc. The rating was upgraded by Macquarie Research on Monday, September 14 to “Outperform”. Macquarie Research maintained the shares of OPY in a report on Monday, November 2 with “Outperform” rating. Sidoti initiated Oppenheimer Holdings Inc. (USA) (NYSE:OPY) on Monday, March 21 with “Buy” rating.
More notable recent Oppenheimer Holdings Inc. (USA) (NYSE:OPY) news were published by: Moodys.com which released: “Moody’s affirms Oppenheimer Holdings, Inc.’s B2 ratings and changes outlook to …” on December 22, 2015, also Profitconfidential.com with their article: “Facebook Inc: Here’s Why the Bears are Wrong on Facebook Stock” published on November 06, 2016, Reuters.com published: “Ex-Oppenheimer adviser pleads guilty to US insider trading charges” on October 25, 2016. More interesting news about Oppenheimer Holdings Inc. (USA) (NYSE:OPY) were released by: Prnewswire.com and their article: “Oppenheimer & Co. Inc. Commitment To Boston Enhanced With New Institutional …” published on April 07, 2016 as well as Profitconfidential.com‘s news article titled: “Yahoo! Inc.: Here’s Why Yahoo Stock is Ready for a Rally” with publication date: October 20, 2016.
OPY Company Profile
Oppenheimer Holdings Inc., incorporated on May 11, 2009, is a middle-market investment bank and service broker-dealer. The Firm is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), research, market-making, trust services, and investment advisory and asset management services. The Company’s divisions are Private Client, Asset Management, Capital Markets, Commercial Mortgage Banking and Corporate/Other. The Company’s subsidiaries include Oppenheimer & Co. Inc. (Oppenheimer), Oppenheimer Asset Management (OAM), Freedom Investments, Inc. (Freedom), Oppenheimer Trust Company (Oppenheimer Trust), OPY Credit Corp. and Oppenheimer Multifamily Housing & Healthcare Finance, Inc. (OMHHF). The Company’s international businesses are carried on through Oppenheimer Europe Ltd. (United Kingdom), Oppenheimer Investments Asia Ltd. (Hong Kong) and Oppenheimer Israel (OPCO) Ltd. (Israel).
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