Raymond James Financial (RJF) has been in the spotlight with various financial groups increasing their position in the company, including
Kovitz Investment Group Partners and
Northwest & Ethical Investments L.P.. Despite a 2.9% dip since their last earnings report, RJF has declared a $0.50 dividend for common stocks and
preferred payout.
This has attracted additional investors such as
Northern Trust Corp, BI Asset Management Fondsmaeglerselskab A S, and
Linden Financial Group Advisors which have all acquired RJF shares.
The company reported a 10% YoY increase in client
assets under administration and welcomed a
$120 Million AUM Team. Contrarily, the Wellington Management Group LLP sold around 392,821 of their RJF shares.
RJF's preferred stock has been touted as a strategic income play in a rising rate world. With a
YoY growth of 10%, RJF has announced its dividend increases alongside other financial giants. Additionally, there are positive sentiments around RJF's
EPS growth and income generation efforts.
Raymond James Financial RJF News Analytics from Wed, 29 Jan 2025 08:00:00 GMT to Sat, 23 Aug 2025 21:19:36 GMT -
Rating 6
- Innovation 2
- Information 9
- Rumor 7
