Raymond James Financial, Inc. (RJF) endures dynamic activities in the market, making it an active focus of asset management entities.
Northern Trust Corp holds $221.74 million worth of shares while also having sold 93,926 shares recently. Another important development in RJF’s ownership structure is
76% institutional ownership portraying it as an attractive investment for major firms. Some sales were reported by
Goldman Sachs and KBC Group NV, yet, on the flip side,
Bank of Nova Scotia, Stifel Financial Corp and entities like
Campbell & CO increased their stakes in the company. Despite lower than expected Q2 results, multiple factors suggest optimism about the firm like its strong position in the market,
SWOT insights, and suggested growth in earnings. The firm’s
CEO’s successful path to record client assets has been a source of inspiration as well. Yet, there were negative forecasts such as
underperformance in certain trading days and possible reluctancy towards CEO compensation increase. The
entry into private credit business and new
prime brokerage service agreement with Velocity Clearing are notable developments on the operational front.
Raymond James Financial RJF News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 17:35:11 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor -4
