Raymond James Financial (NYSE: RJF) has been highlighted in the recent financial news with a focus on the company's performance, executive changes, and stock trading activity. The company's shares have been bought and sold by various institutional investors, including Wells Fargo & Company MN, Clearbridge Investments LLC, and Robeco Institutional Asset Management B.V. On the executive side, the company welcomed Butch Oorlog as the new CFO. The company also declared a dividend of US$0.34 per share. However, client AUA observed a dip of 3% M/M in April. RJF lagged behind Q3 earnings estimates and also missed Q2 earnings, yet their stocks were upgraded to buy. The company ventured into the private credit business. Institutional shareholders control 75% of RJF's shares. Some insiders have been reported selling stock while the company observed a solid growth amidst market challenges. The firm's leadership was shuffled with plans to name a new CEO. A strategic partnership with Velocity Clearing was announced for prime brokerage services.
Raymond James Financial RJF News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 11:18:11 GMT -
Rating 4
- Innovation 1
- Information 8
- Rumor -7
