10,850 Shares in Oppenheimer Holdings Inc. (NYSE:OPY) Acquired by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC bought a new position in Oppenheimer Holdings Inc. (NYSE:OPYGet Rating) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,850 shares of the financial services provider’s stock, valued at approximately $503,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Citigroup Inc. lifted its position in Oppenheimer by 326.1% during the third quarter. Citigroup Inc. now owns 1,913 shares of the financial services provider’s stock valued at $86,000 after buying an additional 1,464 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in Oppenheimer by 23.9% during the third quarter. O Shaughnessy Asset Management LLC now owns 2,402 shares of the financial services provider’s stock valued at $109,000 after buying an additional 463 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in Oppenheimer by 78.4% during the third quarter. BNP Paribas Arbitrage SA now owns 2,669 shares of the financial services provider’s stock valued at $121,000 after buying an additional 1,173 shares in the last quarter. Barclays PLC lifted its position in Oppenheimer by 214.5% during the third quarter. Barclays PLC now owns 3,774 shares of the financial services provider’s stock valued at $171,000 after buying an additional 2,574 shares in the last quarter. Finally, Koss Olinger Consulting LLC acquired a new position in Oppenheimer during the fourth quarter valued at approximately $205,000. 44.36% of the stock is currently owned by institutional investors and hedge funds.

Shares of OPY stock opened at $33.51 on Thursday. The stock has a market cap of $416.19 million, a price-to-earnings ratio of 3.53 and a beta of 1.25. The company has a quick ratio of 1.07, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. Oppenheimer Holdings Inc. has a fifty-two week low of $31.67 and a fifty-two week high of $55.75. The firm’s 50 day moving average price is $39.50 and its two-hundred day moving average price is $44.34.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 27th. Stockholders of record on Friday, May 13th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.79%. Oppenheimer’s payout ratio is currently 6.32%.

Separately, StockNews.com started coverage on shares of Oppenheimer in a research report on Thursday, March 31st. They set a “buy” rating on the stock.

About Oppenheimer (Get Rating)

Oppenheimer Holdings Inc, through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company offers 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, exchange-traded 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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