Oppenheimer Holdings Inc. (NYSE:OPY – Get Free Report) announced a dividend on Friday, July 26th, NASDAQ reports. Investors of record on Friday, August 9th will be paid a dividend of 0.18 per share by the financial services provider on Friday, August 23rd. The ex-dividend date is Friday, August 9th.
Oppenheimer has raised its dividend by an average of 7.7% per year over the last three years.
Oppenheimer Stock Performance
NYSE OPY traded down $5.00 on Friday, hitting $52.94. 138,597 shares of the company’s stock were exchanged, compared to its average volume of 38,639. The firm has a market cap of $546.82 million, a price-to-earnings ratio of 14.27 and a beta of 1.16. The firm’s 50-day moving average price is $48.11 and its two-hundred day moving average price is $42.37. Oppenheimer has a fifty-two week low of $32.82 and a fifty-two week high of $58.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.77.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Oppenheimer from a “buy” rating to a “strong-buy” rating in a report on Monday, April 29th.
Check Out Our Latest Stock Analysis on Oppenheimer
Insider Activity at Oppenheimer
In other news, Director Evan Behrens sold 4,125 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $43.65, for a total value of $180,056.25. Following the completion of the transaction, the director now owns 4,875 shares in the company, valued at $212,793.75. The sale was disclosed in a document filed with the SEC, which is available at this link. 32.49% of the stock is currently owned by company insiders.
About Oppenheimer
Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering 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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