LPL Financial Holdings Inc. (LPLA) Analysts See $0.41 EPS

January 22, 2018 - By Vivian Currie

 LPL Financial Holdings Inc. (LPLA) Analysts See $0.41 EPS
Investors sentiment increased to 2 in 2017 Q3. Its up 0.73, from 1.27 in 2017Q2. It improved, as 18 investors sold LPL Financial Holdings Inc. shares while 46 reduced holdings. 54 funds opened positions while 74 raised stakes. 80.35 million shares or 0.14% more from 80.24 million shares in 2017Q2 were reported.
Meeder Asset Management stated it has 21,479 shares or 0.12% of all its holdings. Verition Fund Mgmt Llc has 0.04% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 8,463 shares. Martingale Asset Mgmt Limited Partnership holds 0.05% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 76,857 shares. Moreover, Bluemountain Cap Management Limited Liability Co has 0.06% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 54,746 shares. Parametric Associates Limited Liability Company holds 0.02% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 370,490 shares. Royal Natl Bank Of Canada accumulated 40,530 shares. Metropolitan Life Insur Ny owns 6,656 shares. Hanseatic Mgmt owns 4,373 shares or 0.26% of their US portfolio. 243,648 are held by Ny State Common Retirement Fund. One Trading Ltd Partnership has 199 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 18,909 shares or 0.01% of the stock. Tiaa Cref Management Ltd Llc accumulated 679,648 shares. Alabama-based Zweig has invested 1.81% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Riverhead Cap Ltd Com owns 18,050 shares for 0.04% of their portfolio. Ngam Advsrs L P holds 0.03% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 54,256 shares.

Analysts expect LPL Financial Holdings Inc. (NASDAQ:LPLA) to report $0.41 EPS on February, 8.They anticipate $0.05 EPS change or 10.87 % from last quarter’s $0.46 EPS. LPLA’s profit would be $36.96M giving it 35.82 P/E if the $0.41 EPS is correct. After having $0.63 EPS previously, LPL Financial Holdings Inc.’s analysts see -34.92 % EPS growth. The stock decreased 0.47% or $0.28 during the last trading session, reaching $58.75. About 561,417 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since January 22, 2017 and is uptrending. It has outperformed by 47.53% the S&P500.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Ratings Coverage

Among 10 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. LPL Financial Holdings had 40 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse to “Neutral” on Monday, August 22. The rating was initiated by Morgan Stanley with “Underweight” on Monday, September 26. The firm has “Buy” rating by Citigroup given on Monday, October 30. The company was downgraded on Friday, October 2 by UBS. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Underweight” rating given on Thursday, October 5 by Morgan Stanley. Credit Suisse initiated LPL Financial Holdings Inc. (NASDAQ:LPLA) rating on Thursday, November 30. Credit Suisse has “Buy” rating and $68.0 target. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, August 16. Goldman Sachs downgraded it to “Sell” rating and $21 target in Tuesday, April 5 report. The stock has “Neutral” rating by Goldman Sachs on Tuesday, January 10. JP Morgan maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) rating on Monday, October 30. JP Morgan has “Neutral” rating and $53 target.

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors in the United States. The company has market cap of $5.30 billion. The Company’s brokerage offerings include variable and fixed annuities, mutual funds, equities, alternative investments such as non-traded real estate investment trusts and business development companies, retirement and 529 education savings plans, fixed income, and insurance. It has a 24.86 P/E ratio. The company??s fee platforms provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities.

More recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Businesswire.com which released: “Harwood Feffer LLP Announces Investigation of LPL Financial Holdings, Inc.” on January 16, 2018. Also Businesswire.com published the news titled: “Robbins Arroyo LLP Announces That Investors of LPL Financial Holdings Inc …” on January 05, 2018. Globenewswire.com‘s news article titled: “LPL Financial Announces Fourth Quarter and Full Year 2017 Earnings Release …” with publication date: January 02, 2018 was also an interesting one.

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