Raymond James Financial (RJF) has been the subject of several key recent investment decisions. Versor Investments LP has invested $245,000, while QRG Capital Management sold 6,215 shares. Meanwhile, Access Investment Management LLC and Victory Capital Management have both made substantial investments. The company has also been branching out into the lucrative private credit business.
On the market, Raymond James has been performing strongly, frequently outperforming competitors. Investors have seen a return of 116% over the past five years, and the company declared a dividend of $0.42. Their earnings have met expectations and they showed substantial revenue growth. Nevertheless, there's been an 8.2% decrease since the last earnings report.
With 75% of shares held by institutional shareholders, RJF is hailed for its solid growth despite market challenges. There has been a considerable amount of insider stock selling, but also leadership adjustments and successful annual meetings as well as a partnership with J.P. Morgan. Moving forward, key outlook metrics are expected to be discussed during their upcoming earnings report.
Raymond James Financial RJF News Analytics from Wed, 30 Aug 2023 07:00:00 GMT to Thu, 16 May 2024 17:23:51 GMT - Rating 5 - Innovation 6 - Information 8 - Rumor 3
