LPL Financial Holdings Inc Just Recorded A Sigfniciant Bullish Options Activity

 LPL Financial Holdings Inc Just Recorded A Sigfniciant Bullish Options Activity

In today’s session LPL Financial Holdings Inc (LPLA) registered an unusually high (265) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious LPLA increase. With 265 contracts traded and 5644 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: LPLA170120C00033000 closed last at: $2 or 25% up. About 1.50M shares traded hands or 64.69% up from the average. LPL Financial Holdings Inc (NASDAQ:LPLA) has risen 46.89% since April 7, 2016 and is uptrending. It has outperformed by 42.11% the S&P500.

LPL Financial Holdings Inc (NASDAQ:LPLA) Ratings Coverage

Out of 9 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 0 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 0 are positive. LPL Financial Holdings has been the topic of 25 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, August 22 by Credit Suisse. Morgan Stanley initiated LPL Financial Holdings Inc (NASDAQ:LPLA) rating on Monday, September 26. Morgan Stanley has “Underweight” rating and $27 price target. On Friday, February 12 the stock rating was downgraded by Wells Fargo to “Market Perform”. The stock of LPL Financial Holdings Inc (NASDAQ:LPLA) has “Neutral” rating given on Friday, February 12 by Credit Suisse. The company was maintained on Monday, April 4 by Nomura. SunTrust initiated LPL Financial Holdings Inc (NASDAQ:LPLA) rating on Wednesday, March 23. SunTrust has “Neutral” rating and $23 price target. Citigroup maintained the shares of LPLA in a report on Friday, May 27 with “Neutral” rating. The firm has “Neutral” rating by SunTrust given on Thursday, June 2. The stock has “Neutral” rating given by Citigroup on Friday, August 14. The company was maintained on Monday, November 2 by JP Morgan.

According to Zacks Investment Research, “LPL Financial Holdings Inc. is engaged in providing an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, general securities, alternative investments, retirement plans, fixed income, and insurance offerings. LPL Financial Holdings Inc., formerly known as LPL Investment Holdings Inc., is based in Boston, Massachusetts.”

Insitutional Activity: The institutional sentiment increased to 1.23 in 2016 Q2. Its up 0.25, from 0.98 in 2016Q1. The ratio increased, as 30 funds sold all LPL Financial Holdings Inc shares owned while 36 reduced positions. 21 funds bought stakes while 60 increased positions. They now own 92.60 million shares or 0.21% more from 92.40 million shares in 2016Q1.
The Illinois-based Northern Tru Corp has invested 0% in LPL Financial Holdings Inc (NASDAQ:LPLA). Pnc Financial Serv Gp Incorporated last reported 478 shares in the company. Moreover, Glenmede Tru Na has 0.01% invested in LPL Financial Holdings Inc (NASDAQ:LPLA) for 37,620 shares. The New York-based Gotham Asset Mngmt Ltd Liability Corporation has invested 0% in LPL Financial Holdings Inc (NASDAQ:LPLA). Stockbridge Prns Ltd Liability Corp holds 3.97 million shares or 4.68% of its portfolio. Comml Bank Of America De reported 270,962 shares or 0% of all its holdings. Century Cap Management Ltd Co reported 59,394 shares or 0.15% of all its holdings. Royal Comml Bank Of Canada holds 0% of its portfolio in LPL Financial Holdings Inc (NASDAQ:LPLA) for 7,507 shares. Sei Invests accumulated 224 shares or 0% of the stock. Utah Retirement Systems has 0.01% invested in the company for 15,676 shares. Moreover, Cacti Asset Mgmt Ltd Liability Corporation has 0.02% invested in LPL Financial Holdings Inc (NASDAQ:LPLA) for 10,000 shares. Parametric Associates Ltd Liability Co has 0.01% invested in the company for 144,358 shares. Jefferies Gp Ltd Liability last reported 9,864 shares in the company. Deutsche Bancorp Ag owns 55,399 shares or 0% of their US portfolio. Lpl Ltd Llc reported 45,349 shares or 0.01% of all its holdings.

LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors and an independent consultant to retirement plans. The company has a market cap of $3.12 billion. The Firm provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at approximately 700 financial institutions across the country. It has a 17.95 P/E ratio. Through its advisors, the Company is a distributor of financial services and products in the United States.

LPLA Company Profile

LPL Financial Holdings Inc., incorporated on October 25, 2005, is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Firm provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at approximately 700 financial institutions across the country. The Firm also supports approximately 4,200 financial advisors affiliated and licensed with insurance companies through customized clearing services, advisory platforms and technology solutions. Through its advisors, the Company is a distributor of financial services and products in the United States. The Firm provides its technology and service to advisors through a technology platform that is server and Web-accessible. The Company’s technology offerings are designed to permit its advisors to manage various aspects of their businesses. It automates time-consuming processes, such as account opening and management, document imaging, transaction execution, and account rebalancing.

More news for LPL Financial Holdings Inc (NASDAQ:LPLA) were recently published by: Wsj.com, which released: “LPL Profit Climbs Despite Lower Commission, Fees” on November 02, 2016. Reuters.com‘s article titled: “Exclusive: LPL Financial exploring a sale – sources” and published on October 11, 2016 is yet another important article.

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