Recent reports on Raymond James Financial Inc. (NYSE:RJF) reflect a varied landscape. Institutional ownership stands high at 76%, represented in investments by
Commerce Bank and others. Despite underperformance on select days and lagging on Q3 earnings estimates, their stock saw a
1.2% rise post the last earnings report. Share movements made by entities such as
Trexquant Investment LP and
PNC Financial Services Group Inc. have also been noted. Further down, the Q1 earnings for Raymond James are under anticipation while
U.S. Bancorp DE,
Wells Fargo & Company MN, and others have significant holdings. Q2 2024 earnings call transcript was also released. Meanwhile, the firm received an
average recommendation of “Hold” from various brokerage firms.
Great Lakes Advisors LLC and
UBS Group AG made noteworthy investments and Raymond James' dividend payout was confirmed. A
Buy stock status was assigned owing to the expected earnings growth. Recently,
Butch Oorlog was appointed as the new CFO.
Quest Partners LLC,
Private Advisor Group LLC, and
Avantax Advisory Services Inc. are among those who have made new investments, amid reports of Raymond James foraying into private credit business.
Raymond James Financial RJF News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Thu, 30 May 2024 11:19:17 GMT -
Rating -2
- Innovation 2
- Information 8
- Rumor 5
