LPL Financial Holdings Inc. (NASDAQ:LPLA) Receives Consensus Rating of “Buy” from Brokerages
2025-04-26T06:48:46Z
LPL Financial Holdings Inc. (NASDAQ:LPLA – Get Free Report) has received an average recommendation of “Buy” from the twelve analysts that are currently covering the firm, Marketbeat reports. Twelve investment analysts have rated the stock with a buy recommend…
LPL Financial Holdings Inc. (NASDAQ:LPLA – Get Free Report) has received an average recommendation of “Buy” from the twelve analysts that are currently covering the firm, Marketbeat reports. Twelve investment analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $369.83.
A number of research firms have commented on LPLA. JMP Securities lowered their price target on LPL Financial from $435.00 to $420.00 and set a “market outperform” rating for the company in a research report on Tuesday, April 8th. Citigroup dropped their price target on LPL Financial from $415.00 to $400.00 and set a “buy” rating for the company in a research note on Wednesday, April 2nd. Morgan Stanley lifted their price target on shares of LPL Financial from $379.00 to $413.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. UBS Group upped their price objective on shares of LPL Financial from $390.00 to $420.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Finally, StockNews.com lowered shares of LPL Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, March 26th.
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LPL Financial Stock Down 0.4 %
Shares of NASDAQ LPLA opened at $314.54 on Friday. The company has a market cap of $24.96 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 0.94 and a beta of 0.64. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 1.60. The firm’s fifty day moving average is $327.56 and its 200 day moving average is $323.48. LPL Financial has a 52 week low of $187.19 and a 52 week high of $384.04.
LPL Financial (NASDAQ:LPLA – Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The financial services provider reported $4.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $0.24. LPL Financial had a net margin of 8.55% and a return on equity of 49.41%. On average, equities research analysts expect that LPL Financial will post 19.35 earnings per share for the current year.
LPL Financial Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend was Tuesday, March 11th. LPL Financial’s dividend payout ratio (DPR) is 8.55%.
Insider Transactions at LPL Financial
In related news, CFO Matthew J. Audette sold 4,588 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $360.07, for a total value of $1,652,001.16. Following the transaction, the chief financial officer now directly owns 16,538 shares of the company’s stock, valued at approximately $5,954,837.66. This represents a 21.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Marc Eliot Cohen sold 1,100 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $365.85, for a total value of $402,435.00. Following the completion of the transaction, the director now owns 4,075 shares of the company’s stock, valued at $1,490,838.75. This represents a 21.26 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 34,465 shares of company stock valued at $12,562,070. Insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On LPL Financial
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SkyView Investment Advisors LLC grew its holdings in shares of LPL Financial by 2.8% in the third quarter. SkyView Investment Advisors LLC now owns 4,835 shares of the financial services provider’s stock worth $1,125,000 after acquiring an additional 131 shares during the period. Anchor Investment Management LLC grew its stake in shares of LPL Financial by 15.6% during the 3rd quarter. Anchor Investment Management LLC now owns 9,669 shares of the financial services provider’s stock valued at $2,249,000 after purchasing an additional 1,304 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of LPL Financial during the 3rd quarter valued at about $182,000. Tidal Investments LLC increased its position in shares of LPL Financial by 98.9% during the 3rd quarter. Tidal Investments LLC now owns 7,662 shares of the financial services provider’s stock valued at $1,782,000 after purchasing an additional 3,809 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of LPL Financial by 15.7% in the 3rd quarter. Principal Financial Group Inc. now owns 25,418 shares of the financial services provider’s stock worth $5,913,000 after purchasing an additional 3,444 shares during the period. Hedge funds and other institutional investors own 95.66% of the company’s stock.
LPL Financial Company Profile
(Get Free Report
LPL Financial Holdings Inc, together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance.
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